AMDY vs. AMDW

Last updated Jun 24, 2026

AMDY (YieldMax AMD Option Income Strategy ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. With a 0.99 correlation, they move nearly in lockstep. AMDY charges 1.23%/yr vs 0.99%/yr for AMDW.

Performance

AMDY vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AMD Option Income Strategy ETF (AMDY) and Roundhill AMD WeeklyPay ETF (AMDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDY achieves a 101.34% return, which is significantly lower than AMDW's 176.01% return.

AMDY

• 1D: -4.73%
• 1M: 8.37%
• YTD: 101.34%
• 6M: 101.99%
• 1Y: 203.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -7.20%
• 1M: 12.58%
• YTD: 176.01%
• 6M: 174.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDY vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
AMDY YieldMax AMD Option Income Strategy ETF	101.34%	30.40%
AMDW Roundhill AMD WeeklyPay ETF	176.01%	36.56%

Correlation

The correlation between AMDY and AMDW is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.99

Return for Risk

AMDY vs. AMDW — Risk / Return Rank

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

AMDY

AMDY Risk / Return Rank: 90
AMDY Sharpe Ratio Rank: 95
AMDY Sortino Ratio Rank: 88
AMDY Omega Ratio Rank: 88
AMDY Calmar Ratio Rank: 95
AMDY Martin Ratio Rank: 84

AMDW

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

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.

AMDY vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and Roundhill AMD WeeklyPay ETF (AMDW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMDY	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	3.65	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	7.44	—	—
Martin ratio: Return relative to average drawdown	16.58	—	—

Drawdowns

AMDY vs. AMDW - Drawdown Comparison

The maximum AMDY drawdown since its inception was -53.92%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for AMDY and AMDW.

Drawdown Indicators

	AMDY	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-53.92%	-34.64%	-19.28%
Max Drawdown (1Y) Largest decline over 1 year	-27.59%	—	—
Current Drawdown Current decline from peak	-4.73%	-7.20%	+2.47%
Average Drawdown Average peak-to-trough decline	-17.78%	-14.25%	-3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.35%	—	—

Volatility

Volatility by Period

	AMDY	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	43.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.19%	83.41%	-27.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.93%	83.41%	-36.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.93%	83.41%	-36.48%

AMDY vs. AMDW - Expense Ratio Comparison

AMDY has a 1.23% expense ratio, which is higher than AMDW's 0.99% expense ratio.

Dividends

AMDY vs. AMDW - Dividend Comparison

AMDY's dividend yield for the trailing twelve months is around 65.88%, more than AMDW's 37.14% yield.

Position	TTM	2025	2024	2023
AMDW Roundhill AMD WeeklyPay ETF	37.14%	34.78%	0.00%	0.00%
AMDY YieldMax AMD Option Income Strategy ETF	65.88%	80.68%	109.98%	6.68%

Frequently Asked Questions

Can I hold both AMDY and AMDW in my portfolio?

With a correlation of 0.99, AMDY and AMDW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AMDY or AMDW?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDY or AMDW?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.23% for AMDY.

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

AMDY has the higher dividend yield at 65.88%, compared with 37.14% for AMDW.

What is the main difference between AMDY and AMDW?

They also come from different issuers: YieldMax ETFs and Roundhill. Their fees differ too: 1.23% for AMDY and 0.99% for AMDW.