AMZW vs. TSLA
AMZW (Roundhill AMZN WeeklyPay ETF) is Derivative Income fund actively managed by Roundhill, while TSLA (Tesla, Inc.) is a stock. Over the past year, AMZW returned 6.63% vs 10.30% for TSLA. At a 0.29 correlation, their price movements are largely independent.
Performance
AMZW vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, AMZW achieves a -0.73% return, which is significantly higher than TSLA's -16.50% return.
AMZW
- 1D
- -0.20%
- 1M
- -14.89%
- YTD
- -0.73%
- 6M
- -1.71%
- 1Y
- 6.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- -1.59%
- 1M
- -11.85%
- YTD
- -16.50%
- 6M
- -22.63%
- 1Y
- 10.30%
- 3Y*
- 13.53%
- 5Y*
- 10.89%
- 10Y*
- 40.11%
AMZW vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AMZW Roundhill AMZN WeeklyPay ETF | -0.73% | 7.33% |
TSLA Tesla, Inc. | -16.50% | 42.16% |
Correlation
The correlation between AMZW and TSLA is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025 | 0.29 |
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Return for Risk
AMZW vs. TSLA — Risk / Return Rank
AMZW
TSLA
AMZW vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AMZN WeeklyPay ETF (AMZW) and Tesla, Inc. (TSLA). 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 | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.07 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.35 | -0.10 |
| Martin ratioReturn relative to average drawdown | 0.56 | 0.79 | -0.23 |
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Drawdowns
AMZW vs. TSLA - Drawdown Comparison
The maximum AMZW drawdown since its inception was -26.79%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for AMZW and TSLA.
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Drawdown Indicators
| AMZW | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.79% | -73.63% | +46.84% |
Max Drawdown (1Y)Largest decline over 1 year | -26.79% | -29.93% | +3.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -18.25% | -23.34% | +5.09% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -22.71% | +13.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.87% | 13.26% | -1.39% |
Volatility
AMZW vs. TSLA - Volatility Comparison
The current volatility for Roundhill AMZN WeeklyPay ETF (AMZW) is 12.09%, while Tesla, Inc. (TSLA) has a volatility of 14.11%. This indicates that AMZW experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMZW | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.09% | 14.11% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 26.19% | 28.39% | -2.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.44% | 43.96% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.27% | 59.01% | -21.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.27% | 59.10% | -21.83% |
Dividends
AMZW vs. TSLA - Dividend Comparison
AMZW's dividend yield for the trailing twelve months is around 49.16%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
AMZW Roundhill AMZN WeeklyPay ETF | 49.16% | 25.29% |
TSLA Tesla, Inc. | 0.00% | 0.00% |
Frequently Asked Questions
AMZW and TSLA have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLA has higher volatility (14.11%) compared to AMZW (12.09%). In terms of maximum drawdown, AMZW dropped -26.79% vs TSLA's -73.63%.
TSLA currently has the higher Sharpe Ratio (0.24 vs 0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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