AMZW vs. AMZU

Last updated Jun 4, 2026

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

Performance

AMZW vs. AMZU - Performance Comparison

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

Returns By Period

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

AMZW

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

AMZU

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

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

AMZW vs. AMZU - Yearly Performance Comparison

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

Correlation

The correlation between AMZW and AMZU 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

AMZW vs. AMZU - Sectors Allocation Comparison

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

Return for Risk

AMZW vs. AMZU — 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.

AMZW vs. AMZU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Direxion Daily AMZN Bull 2X Shares (AMZU). 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	AMZU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.25	+0.19

Drawdowns

AMZW vs. AMZU - Drawdown Comparison

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

Drawdown Indicators

	AMZW	AMZU	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-55.59%	+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	-11.45%	-20.42%	+8.97%
Average Drawdown Average peak-to-trough decline	-8.89%	-21.91%	+13.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.91%	—

Volatility

Volatility by Period

	AMZW	AMZU	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	36.99%	59.79%	-22.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.99%	59.16%	-22.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.99%	59.16%	-22.17%

AMZW vs. AMZU - Expense Ratio Comparison

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

Dividends

AMZW vs. AMZU - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 43.04%, more than AMZU's 5.62% 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 AMZW and AMZU in my portfolio?

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

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, AMZW or AMZU?

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

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

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

What is the main difference between AMZW and AMZU?

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