AMDY vs. GOOW

Last updated Jun 13, 2026

AMDY (YieldMax AMD Option Income Strategy ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both exchange-traded funds - AMDY is a Options Trading fund actively managed by YieldMax, while GOOW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMDY vs. GOOW - Performance Comparison

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

Returns By Period

In the year-to-date period, AMDY achieves a 98.08% return, which is significantly higher than GOOW's 15.58% return.

AMDY

• 1D: 3.28%
• 1M: 10.41%
• YTD: 98.08%
• 6M: 102.15%
• 1Y: 216.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GOOW

• 1D: 0.67%
• 1M: -13.08%
• YTD: 15.58%
• 6M: 16.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMDY vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
AMDY YieldMax AMD Option Income Strategy ETF	98.08%	30.40%
GOOW Roundhill GOOGL WeeklyPay™ ETF	15.58%	71.16%

Correlation

The correlation between AMDY and GOOW is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.27

Return for Risk

AMDY vs. GOOW — Risk / Return Rank

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

AMDY

AMDY Risk / Return Rank: 93
AMDY Sharpe Ratio Rank: 97
AMDY Sortino Ratio Rank: 93
AMDY Omega Ratio Rank: 93
AMDY Calmar Ratio Rank: 96
AMDY Martin Ratio Rank: 89

GOOW

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. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMD Option Income Strategy ETF (AMDY) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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	GOOW	Difference
Sharpe ratio: Return per unit of total volatility	3.93	—	—
Sortino ratio: Return per unit of downside risk	4.04	—	—
Omega ratio: Gain probability vs. loss probability	1.57	—	—
Calmar ratio: Return relative to maximum drawdown	7.89	—	—
Martin ratio: Return relative to average drawdown	17.61	—	—

Drawdowns

AMDY vs. GOOW - Drawdown Comparison

The maximum AMDY drawdown since its inception was -53.92%, which is greater than GOOW's maximum drawdown of -24.88%. Use the drawdown chart below to compare losses from any high point for AMDY and GOOW.

Drawdown Indicators

	AMDY	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-53.92%	-24.88%	-29.04%
Max Drawdown (1Y) Largest decline over 1 year	-27.59%	—	—
Current Drawdown Current decline from peak	-5.89%	-13.08%	+7.19%
Average Drawdown Average peak-to-trough decline	-17.90%	-5.03%	-12.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.33%	—	—

Volatility

Volatility by Period

	AMDY	GOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	42.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.33%	37.31%	+18.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.63%	37.31%	+9.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.63%	37.31%	+9.32%

AMDY vs. GOOW - Expense Ratio Comparison

Both AMDY and GOOW have an expense ratio of 0.99%.

Dividends

AMDY vs. GOOW - Dividend Comparison

AMDY's dividend yield for the trailing twelve months is around 63.73%, more than GOOW's 36.06% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	63.73%	80.68%	109.98%	6.68%
GOOW Roundhill GOOGL WeeklyPay™ ETF	36.06%	19.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMDY and GOOW in my portfolio?

AMDY and GOOW have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDY or GOOW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDY or GOOW?

AMDY and GOOW have the same expense ratio: 0.99% per year.

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

AMDY has the higher dividend yield at 63.73%, compared with 36.06% for GOOW.

What is the main difference between AMDY and GOOW?

AMDY is categorized as Options Trading, while GOOW is Derivative Income. They also come from different issuers: YieldMax and Roundhill.