AMZW vs. TSLA

Last updated Jun 4, 2026

AMZW (Roundhill AMZN WeeklyPay ETF) is Derivative Income fund actively managed by Roundhill, while TSLA (Tesla, Inc.) is a stock. At a 0.29 correlation, their price movements are largely independent.

Performance

AMZW vs. TSLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMZN WeeklyPay ETF (AMZW) and Tesla, Inc. (TSLA). 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 TSLA's -5.79% return.

AMZW

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

TSLA

• 1D: -0.01%
• 1M: 7.95%
• YTD: -5.79%
• 6M: -5.16%
• 1Y: 23.07%
• 3Y*: 25.57%
• 5Y*: 16.24%
• 10Y*: 40.05%

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

AMZW vs. TSLA - Yearly Performance Comparison

	2026 (YTD)	2025
AMZW Roundhill AMZN WeeklyPay ETF	7.52%	7.33%
TSLA Tesla, Inc.	-5.79%	39.64%

Correlation

The correlation between AMZW and TSLA is 0.29, 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 Jun 20, 2025	0.29

Return for Risk

AMZW vs. TSLA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSLA

TSLA Risk / Return Rank: 55
TSLA Sharpe Ratio Rank: 57
TSLA Sortino Ratio Rank: 53
TSLA Omega Ratio Rank: 51
TSLA Calmar Ratio Rank: 57
TSLA Martin Ratio Rank: 58

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. 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMZW	TSLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.50	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.73	-0.29

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.

Drawdown Indicators

	AMZW	TSLA	Difference
Max Drawdown Largest peak-to-trough decline	-26.79%	-73.63%	+46.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.93%	—
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 Drawdown Current decline from peak	-11.45%	-13.51%	+2.06%
Average Drawdown Average peak-to-trough decline	-8.89%	-22.73%	+13.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.84%	—

Volatility

Volatility by Period

	AMZW	TSLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	36.99%	46.36%	-9.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.99%	58.85%	-21.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.99%	59.11%	-22.12%

Dividends

AMZW vs. TSLA - Dividend Comparison

AMZW's dividend yield for the trailing twelve months is around 43.04%, while TSLA has not paid dividends to shareholders.

Position	TTM	2025
AMZW Roundhill AMZN WeeklyPay ETF	43.04%	25.29%
TSLA Tesla, Inc.	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZW and TSLA in my portfolio?

AMZW and TSLA have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.