AMZW vs. METW

Last updated Jun 4, 2026

AMZW (Roundhill AMZN WeeklyPay ETF) and METW (Roundhill Meta Weeklypay ETF) are both exchange-traded funds - AMZW is a Derivative Income fund actively managed by Roundhill, while METW is a Technology Equities fund tracking the Ball Metaverse Index. AMZW is actively managed, while METW is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. AMZW charges 0.99%/yr vs 0.59%/yr for METW.

Performance

AMZW vs. METW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMZN WeeklyPay ETF (AMZW) and Roundhill Meta Weeklypay ETF (METW). 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 higher than METW's -8.79% return.

AMZW

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

METW

• 1D: 5.19%
• 1M: 2.24%
• YTD: -8.79%
• 6M: -5.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZW vs. METW - Yearly Performance Comparison

	2026 (YTD)	2025
AMZW Roundhill AMZN WeeklyPay ETF	7.52%	7.33%
METW Roundhill Meta Weeklypay ETF	-8.79%	-8.20%

Correlation

The correlation between AMZW and METW is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.51

AMZW vs. METW - Sectors Allocation Comparison

Sectors	AMZW	METW
Consumer Cyclical	24.9%	-
Basic Materials	-	-
Communication Services	-	23.2%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

AMZW vs. METW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Roundhill Meta Weeklypay ETF (METW). 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	METW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	-0.40	+0.84

Drawdowns

AMZW vs. METW - Drawdown Comparison

The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum METW drawdown of -40.52%. Use the drawdown chart below to compare losses from any high point for AMZW and METW.

Drawdown Indicators

	AMZW	METW	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-40.52%	+13.73%
Current Drawdown Current decline from peak	-11.45%	-27.63%	+16.18%
Average Drawdown Average peak-to-trough decline	-8.89%	-17.31%	+8.42%

Volatility

Volatility by Period

	AMZW	METW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.99%	42.57%	-5.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.99%	42.57%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.99%	42.57%	-5.58%

AMZW vs. METW - Expense Ratio Comparison

AMZW has a 0.99% expense ratio, which is higher than METW's 0.59% expense ratio.

Dividends

AMZW vs. METW - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 43.04%, less than METW's 55.37% yield.

Position	TTM	2025
AMZW Roundhill AMZN WeeklyPay ETF	43.04%	25.29%
METW Roundhill Meta Weeklypay ETF	55.37%	30.89%

Frequently Asked Questions

Can I hold both AMZW and METW in my portfolio?

AMZW and METW have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMZW or METW?

On fees, METW is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMZW or METW?

METW is cheaper with a 0.59% expense ratio, compared with 0.99% for AMZW.

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

METW has the higher dividend yield at 55.37%, compared with 43.04% for AMZW.

What is the main difference between AMZW and METW?

AMZW is categorized as Derivative Income, while METW is Technology Equities. Their fees differ too: 0.99% for AMZW and 0.59% for METW.