AMDW vs. XDTE

Last updated Jun 4, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both Derivative Income funds from Roundhill. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. AMDW charges 0.99%/yr vs 0.97%/yr for XDTE.

Performance

AMDW vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDW achieves a 192.40% return, which is significantly higher than XDTE's 8.83% return.

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDTE

• 1D: -0.66%
• 1M: 4.14%
• YTD: 8.83%
• 6M: 8.93%
• 1Y: 25.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMDW vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	8.83%	8.25%

Correlation

The correlation between AMDW and XDTE is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.54

AMDW vs. XDTE - Sectors Allocation Comparison

Sectors	AMDW	XDTE
Technology	28.6%	35.6%
Basic Materials	-	1.8%
Communication Services	-	11.2%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Financial Services	-	11.8%
Healthcare	-	8.5%
Industrials	-	8.3%
Real Estate	-	1.9%
Utilities	-	2.4%

Return for Risk

AMDW vs. XDTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDTE

XDTE Risk / Return Rank: 70
XDTE Sharpe Ratio Rank: 70
XDTE Sortino Ratio Rank: 67
XDTE Omega Ratio Rank: 70
XDTE Calmar Ratio Rank: 66
XDTE Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMDW vs. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMDW	XDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	1.25	+3.58

Drawdowns

AMDW vs. XDTE - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for AMDW and XDTE.

Drawdown Indicators

	AMDW	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-19.09%	-15.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.68%	—
Current Drawdown Current decline from peak	0.00%	-0.66%	+0.66%
Average Drawdown Average peak-to-trough decline	-14.66%	-2.32%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	AMDW	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	81.56%	10.99%	+70.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.56%	13.85%	+67.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.56%	13.85%	+67.71%

AMDW vs. XDTE - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is higher than XDTE's 0.97% expense ratio.

Dividends

AMDW vs. XDTE - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 28.98%, less than XDTE's 33.00% yield.

Position	TTM	2025	2024
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.00%	39.16%	20.35%

Frequently Asked Questions

Can I hold both AMDW and XDTE in my portfolio?

AMDW and XDTE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDW or XDTE?

On fees, XDTE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or XDTE?

XDTE is cheaper with a 0.97% expense ratio, compared with 0.99% for AMDW.

Which ETF pays a higher dividend yield, AMDW or XDTE?

XDTE has the higher dividend yield at 33.00%, compared with 28.98% for AMDW.

What is the main difference between AMDW and XDTE?

Their fees differ too: 0.99% for AMDW and 0.97% for XDTE.