AMZU vs. AMZW

Last updated Jun 4, 2026

AMZU (Direxion Daily AMZN Bull 2X Shares) and AMZW (Roundhill AMZN WeeklyPay ETF) are both exchange-traded funds - AMZU is a Leveraged Equities fund tracking the Amazon.com, Inc. (150%), while AMZW is a Derivative Income fund actively managed by Roundhill. AMZU is passively managed, while AMZW is actively managed. With a 0.99 correlation, they move nearly in lockstep. AMZU charges 1.06%/yr vs 0.99%/yr for AMZW.

Performance

AMZU vs. AMZW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AMZN Bull 2X Shares (AMZU) and Roundhill AMZN WeeklyPay ETF (AMZW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMZU achieves a 8.04% return, which is significantly higher than AMZW's 7.52% return.

AMZU

• 1D: -5.04%
• 1M: -16.62%
• YTD: 8.04%
• 6M: 5.52%
• 1Y: 21.37%
• 3Y*: 25.11%
• 5Y*: —
• 10Y*: —

AMZW

• 1D: -3.13%
• 1M: -10.10%
• YTD: 7.52%
• 6M: 6.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZU vs. AMZW - Yearly Performance Comparison

	2026 (YTD)	2025
AMZU Direxion Daily AMZN Bull 2X Shares	8.04%	6.02%
AMZW Roundhill AMZN WeeklyPay ETF	7.52%	7.33%

Correlation

The correlation between AMZU and AMZW 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 Jun 20, 2025	0.99

AMZU vs. AMZW - Sectors Allocation Comparison

Sectors	AMZU	AMZW
Consumer Cyclical	100.0%	24.9%
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

AMZU vs. AMZW — Risk / Return Rank

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

AMZU

AMZU Risk / Return Rank: 15
AMZU Sharpe Ratio Rank: 14
AMZU Sortino Ratio Rank: 17
AMZU Omega Ratio Rank: 17
AMZU Calmar Ratio Rank: 15
AMZU Martin Ratio Rank: 14

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.

AMZU vs. AMZW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Roundhill AMZN WeeklyPay ETF (AMZW). 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.

	AMZU	AMZW	Difference
Sharpe ratio: Return per unit of total volatility	0.36	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.50	—	—
Martin ratio: Return relative to average drawdown	1.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMZU	AMZW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.44	-0.19

Drawdowns

AMZU vs. AMZW - Drawdown Comparison

The maximum AMZU drawdown since its inception was -55.59%, which is greater than AMZW's maximum drawdown of -26.79%. Use the drawdown chart below to compare losses from any high point for AMZU and AMZW.

Drawdown Indicators

	AMZU	AMZW	Difference
Max Drawdown Largest peak-to-trough decline	-55.59%	-26.79%	-28.80%
Max Drawdown (1Y) Largest decline over 1 year	-42.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.47%	—	—
Current Drawdown Current decline from peak	-20.42%	-11.45%	-8.97%
Average Drawdown Average peak-to-trough decline	-21.91%	-8.89%	-13.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.91%	—	—

Volatility

Volatility by Period

	AMZU	AMZW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	59.79%	36.99%	+22.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.16%	36.99%	+22.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.16%	36.99%	+22.17%

AMZU vs. AMZW - Expense Ratio Comparison

AMZU has a 1.06% expense ratio, which is higher than AMZW's 0.99% expense ratio.

Dividends

AMZU vs. AMZW - Dividend Comparison

AMZU's dividend yield for the trailing twelve months is around 5.62%, less than AMZW's 43.04% yield.

Position	TTM	2025	2024	2023	2022
AMZU Direxion Daily AMZN Bull 2X Shares	5.62%	6.12%	3.79%	3.37%	0.50%
AMZW Roundhill AMZN WeeklyPay ETF	43.04%	25.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZU and AMZW in my portfolio?

With a correlation of 0.99, AMZU and AMZW 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, AMZU or AMZW?

On fees, AMZW 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, AMZU or AMZW?

AMZW is cheaper with a 0.99% expense ratio, compared with 1.06% for AMZU.

Which ETF pays a higher dividend yield, AMZU or AMZW?

AMZW has the higher dividend yield at 43.04%, compared with 5.62% for AMZU.

What is the main difference between AMZU and AMZW?

AMZU is categorized as Leveraged Equities, while AMZW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 1.06% for AMZU and 0.99% for AMZW.