AMZW vs. AMZD

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill AMZN WeeklyPay ETF (AMZW) and Direxion Daily AMZN Bear 1X Shares (AMZD).

AMZW and AMZD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZW is an actively managed fund by Roundhill. It was launched on Jun 18, 2025. AMZD is a passively managed fund by Direxion that tracks the performance of the Amazon.com, Inc. (-100%). It was launched on Sep 6, 2022.

Performance

AMZW vs. AMZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMZN WeeklyPay ETF (AMZW) and Direxion Daily AMZN Bear 1X Shares (AMZD). The values are adjusted to include any dividend payments, if applicable.

AMZW vs. AMZD - Yearly Performance Comparison

	2026 (YTD)	2025
AMZW Roundhill AMZN WeeklyPay ETF	-12.52%	7.33%
AMZD Direxion Daily AMZN Bear 1X Shares	9.88%	-9.18%

Returns By Period

In the year-to-date period, AMZW achieves a -12.52% return, which is significantly lower than AMZD's 9.88% return.

AMZW

• 1D: 4.56%
• 1M: -1.29%
• YTD: -12.52%
• 6M: -8.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMZD

• 1D: -3.65%
• 1M: 0.55%
• YTD: 9.88%
• 6M: 3.33%
• 1Y: -13.66%
• 3Y*: -22.80%
• 5Y*: —
• 10Y*: —

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

AMZW vs. AMZD - Expense Ratio Comparison

AMZW has a 0.99% expense ratio, which is lower than AMZD's 1.09% expense ratio.

AMZD

Direxion Daily AMZN Bear 1X Shares

AMZW

Roundhill AMZN WeeklyPay ETF

Return for Risk

AMZW vs. AMZD — Risk / Return Rank

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

AMZD

AMZD Risk / Return Rank: 6
AMZD Sharpe Ratio Rank: 5
AMZD Sortino Ratio Rank: 6
AMZD Omega Ratio Rank: 5
AMZD Calmar Ratio Rank: 6
AMZD Martin Ratio Rank: 8

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.

AMZW vs. AMZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Direxion Daily AMZN Bear 1X Shares (AMZD). 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

	AMZW	AMZD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	-0.48	+0.28

Correlation

The correlation between AMZW and AMZD is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

AMZW vs. AMZD - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 41.30%, more than AMZD's 2.85% yield.

	TTM	2025	2024	2023	2022
AMZW Roundhill AMZN WeeklyPay ETF	41.30%	25.29%	0.00%	0.00%	0.00%
AMZD Direxion Daily AMZN Bear 1X Shares	2.85%	3.61%	5.15%	6.83%	2.45%

Drawdowns

AMZW vs. AMZD - Drawdown Comparison

The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum AMZD drawdown of -70.44%. Use the drawdown chart below to compare losses from any high point for AMZW and AMZD.

Drawdown Indicators

	AMZW	AMZD	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-70.44%	+43.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.54%	—
Current Drawdown Current decline from peak	-22.69%	-64.25%	+41.56%
Average Drawdown Average peak-to-trough decline	-9.61%	-48.04%	+38.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.83%	—

Volatility

Volatility by Period

	AMZW	AMZD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.58%	35.02%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.58%	33.63%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.58%	33.63%	+3.95%