AMZW vs. MSFW

Last updated Jun 4, 2026

AMZW (Roundhill AMZN WeeklyPay ETF) and MSFW (Roundhill MSFT WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AMZW vs. MSFW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMZN WeeklyPay ETF (AMZW) and Roundhill MSFT WeeklyPay™ ETF (MSFW). 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 MSFW's -14.73% return.

AMZW

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

MSFW

• 1D: -3.61%
• 1M: 4.05%
• YTD: -14.73%
• 6M: -13.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZW vs. MSFW - Yearly Performance Comparison

	2026 (YTD)	2025
AMZW Roundhill AMZN WeeklyPay ETF	7.52%	-2.94%
MSFW Roundhill MSFT WeeklyPay™ ETF	-14.73%	-7.81%

Correlation

The correlation between AMZW and MSFW is 0.33, 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 Jul 25, 2025	0.33

AMZW vs. MSFW - Sectors Allocation Comparison

Sectors	AMZW	MSFW
Consumer Cyclical	24.9%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	31.6%
Utilities	-	-

Return for Risk

AMZW vs. MSFW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Roundhill MSFT WeeklyPay™ ETF (MSFW). 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	MSFW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	-0.76	+1.20

Drawdowns

AMZW vs. MSFW - Drawdown Comparison

The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum MSFW drawdown of -40.42%. Use the drawdown chart below to compare losses from any high point for AMZW and MSFW.

Drawdown Indicators

	AMZW	MSFW	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-40.42%	+13.63%
Current Drawdown Current decline from peak	-11.45%	-26.27%	+14.82%
Average Drawdown Average peak-to-trough decline	-8.89%	-17.45%	+8.56%

Volatility

Volatility by Period

	AMZW	MSFW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.99%	32.40%	+4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.99%	32.40%	+4.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.99%	32.40%	+4.59%

AMZW vs. MSFW - Expense Ratio Comparison

Both AMZW and MSFW have an expense ratio of 0.99%.

Dividends

AMZW vs. MSFW - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 43.04%, more than MSFW's 39.31% yield.

Position	TTM	2025
AMZW Roundhill AMZN WeeklyPay ETF	43.04%	25.29%
MSFW Roundhill MSFT WeeklyPay™ ETF	39.31%	20.25%

Frequently Asked Questions

Can I hold both AMZW and MSFW in my portfolio?

AMZW and MSFW have a correlation of 0.33, 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 MSFW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMZW or MSFW?

AMZW and MSFW have the same expense ratio: 0.99% per year.

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

AMZW has the higher dividend yield at 43.04%, compared with 39.31% for MSFW.