AMZW vs. GLDW
AMZW (Roundhill AMZN WeeklyPay ETF) and GLDW (Roundhill Gold WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
AMZW vs. GLDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMZW achieves a 7.08% return, which is significantly higher than GLDW's -12.10% return.
AMZW
- 1D
- -2.39%
- 1M
- 1.52%
- 6M
- 3.18%
- YTD
- 7.08%
- 1Y
- 8.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDW
- 1D
- -2.26%
- 1M
- -10.14%
- 6M
- -18.75%
- YTD
- -12.10%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZW vs. GLDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMZW Roundhill AMZN WeeklyPay ETF | 7.08% | -0.77% |
GLDW Roundhill Gold WeeklyPay ETF | -12.10% | 9.36% |
Correlation
The correlation between AMZW and GLDW is 0.21, 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 Oct 30, 2025 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMZW vs. GLDW — Risk / Return Rank
AMZW
GLDW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AMZW vs. GLDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Roundhill Gold WeeklyPay ETF (GLDW). 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.
| AMZW | GLDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.07 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | — | — |
| Martin ratioReturn relative to average drawdown | 0.72 | — | — |
Loading charts...
Drawdowns
AMZW vs. GLDW - Drawdown Comparison
The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum GLDW drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for AMZW and GLDW.
Loading charts...
Drawdown Indicators
| AMZW | GLDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.79% | -32.55% | +5.76% |
Max Drawdown (1Y)Largest decline over 1 year | -26.79% | — | — |
Current DrawdownCurrent decline from peak | -11.82% | -32.55% | +20.73% |
Average DrawdownAverage peak-to-trough decline | -9.49% | -12.16% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.41% | — | — |
Volatility
AMZW vs. GLDW - Volatility Comparison
Loading charts...
Volatility by Period
| AMZW | GLDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.54% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 26.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 37.79% | 36.47% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.08% | 36.47% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.08% | 36.47% | +0.61% |
AMZW vs. GLDW - Expense Ratio Comparison
Both AMZW and GLDW have an expense ratio of 0.99%.
Dividends
AMZW vs. GLDW - Dividend Comparison
AMZW's dividend yield for the trailing twelve months is around 45.90%, more than GLDW's 26.12% yield.
| Position | TTM | 2025 |
|---|---|---|
AMZW Roundhill AMZN WeeklyPay ETF | 45.90% | 25.29% |
GLDW Roundhill Gold WeeklyPay ETF | 26.12% | 3.75% |
Frequently Asked Questions
AMZW and GLDW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AMZW and GLDW have the same expense ratio: 0.99% per year.
AMZW has the higher dividend yield at 45.90%, compared with 26.12% for GLDW.
They also come from different issuers: Roundhill and State Street.
Find the right allocation for AMZW and GLDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer