AMZY vs. AMZW

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax AMZN Option Income Strategy ETF (AMZY) and Roundhill AMZN WeeklyPay ETF (AMZW).

AMZY and AMZW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZY is an actively managed fund by YieldMax. It was launched on Jul 24, 2023. AMZW is an actively managed fund by Roundhill. It was launched on Jun 18, 2025.

Performance

AMZY vs. AMZW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax AMZN Option Income Strategy ETF (AMZY) and Roundhill AMZN WeeklyPay ETF (AMZW). The values are adjusted to include any dividend payments, if applicable.

AMZY vs. AMZW - Yearly Performance Comparison

	2026 (YTD)	2025
AMZY YieldMax AMZN Option Income Strategy ETF	-9.58%	7.04%
AMZW Roundhill AMZN WeeklyPay ETF	-12.52%	7.33%

Returns By Period

In the year-to-date period, AMZY achieves a -9.58% return, which is significantly higher than AMZW's -12.52% return.

AMZY

• 1D: 2.61%
• 1M: 0.54%
• YTD: -9.58%
• 6M: -5.71%
• 1Y: 8.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMZW

• 1D: 4.56%
• 1M: -1.29%
• YTD: -12.52%
• 6M: -8.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZY vs. AMZW - Expense Ratio Comparison

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

AMZY

YieldMax AMZN Option Income Strategy ETF

AMZW

Roundhill AMZN WeeklyPay ETF

Return for Risk

AMZY vs. AMZW — Risk / Return Rank

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

AMZY

AMZY Risk / Return Rank: 22
AMZY Sharpe Ratio Rank: 22
AMZY Sortino Ratio Rank: 24
AMZY Omega Ratio Rank: 23
AMZY Calmar Ratio Rank: 21
AMZY Martin Ratio Rank: 20

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.

AMZY vs. AMZW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax AMZN Option Income Strategy ETF (AMZY) and Roundhill AMZN WeeklyPay ETF (AMZW). 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.

	AMZY	AMZW	Difference
Sharpe ratio Return per unit of total volatility	0.32	—	—
Sortino ratio Return per unit of downside risk	0.62	—	—
Omega ratio Gain probability vs. loss probability	1.08	—	—
Calmar ratio Return relative to maximum drawdown	0.37	—	—
Martin ratio Return relative to average drawdown	0.94	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AMZY	AMZW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	-0.21	+0.97

Correlation

The correlation between AMZY and AMZW is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AMZY vs. AMZW - Dividend Comparison

AMZY's dividend yield for the trailing twelve months is around 60.32%, more than AMZW's 41.30% yield.

	TTM	2025	2024	2023
AMZY YieldMax AMZN Option Income Strategy ETF	60.32%	52.59%	47.91%	9.90%
AMZW Roundhill AMZN WeeklyPay ETF	41.30%	25.29%	0.00%	0.00%

Drawdowns

AMZY vs. AMZW - Drawdown Comparison

The maximum AMZY drawdown since its inception was -23.70%, smaller than the maximum AMZW drawdown of -26.79%. Use the drawdown chart below to compare losses from any high point for AMZY and AMZW.

Drawdown Indicators

	AMZY	AMZW	Difference
Max Drawdown Largest peak-to-trough decline	-23.70%	-26.79%	+3.09%
Max Drawdown (1Y) Largest decline over 1 year	-19.61%	—	—
Current Drawdown Current decline from peak	-15.72%	-22.69%	+6.97%
Average Drawdown Average peak-to-trough decline	-5.44%	-9.61%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.80%	—	—

Volatility

Volatility by Period

	AMZY	AMZW	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.95%	37.58%	-10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.26%	37.58%	-12.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.26%	37.58%	-12.32%