AMZZ vs. BRKW

Last updated Jul 17, 2026

AMZZ (GraniteShares 2x Long AMZN Daily ETF) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - AMZZ is a Leveraged Equities fund actively managed by GraniteShares, while BRKW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, AMZZ returned 5.65% vs 1.28% for BRKW. At a 0.02 correlation, their price movements are largely independent. AMZZ charges 1.15%/yr vs 0.99%/yr for BRKW.

Performance

AMZZ vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AMZN Daily ETF (AMZZ) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMZZ achieves a 6.90% return, which is significantly higher than BRKW's -4.36% return.

AMZZ

• 1D: -3.97%
• 1M: 1.42%
• 6M: 1.36%
• YTD: 6.90%
• 1Y: 5.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRKW

• 1D: 0.94%
• 1M: -0.94%
• 6M: -1.84%
• YTD: -4.36%
• 1Y: 1.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AMZZ vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
AMZZ GraniteShares 2x Long AMZN Daily ETF	6.90%	5.46%
BRKW Roundhill BRKB WeeklyPay ETF	-4.36%	1.85%

Correlation

The correlation between AMZZ and BRKW is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.02

AMZZ vs. BRKW - Sectors Allocation Comparison

Sectors	AMZZ	BRKW
Consumer Cyclical	66.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	7.8%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

AMZZ vs. BRKW — Risk / Return Rank

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

AMZZ

AMZZ Risk / Return Rank: 12
AMZZ Sharpe Ratio Rank: 11
AMZZ Sortino Ratio Rank: 14
AMZZ Omega Ratio Rank: 14
AMZZ Calmar Ratio Rank: 11
AMZZ Martin Ratio Rank: 11

BRKW

BRKW Risk / Return Rank: 10
BRKW Sharpe Ratio Rank: 11
BRKW Sortino Ratio Rank: 10
BRKW Omega Ratio Rank: 10
BRKW Calmar Ratio Rank: 11
BRKW Martin Ratio Rank: 11

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.

AMZZ vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AMZN Daily ETF (AMZZ) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

	AMZZ	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	0.09	0.07	+0.02
Sortino ratio: Return per unit of downside risk	0.57	0.22	+0.35
Omega ratio: Gain probability vs. loss probability	1.07	1.03	+0.04
Calmar ratio: Return relative to maximum drawdown	0.14	0.10	+0.03
Martin ratio: Return relative to average drawdown	0.28	0.20	+0.08

AMZZ vs. BRKW - Sharpe Ratio Comparison

The current AMZZ Sharpe Ratio is 0.09, which is comparable to the BRKW Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of AMZZ and BRKW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AMZZ vs. BRKW - Drawdown Comparison

The maximum AMZZ drawdown since its inception was -55.28%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for AMZZ and BRKW.

Drawdown Indicators

	AMZZ	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-55.28%	-12.64%	-42.64%
Max Drawdown (1Y) Largest decline over 1 year	-41.97%	-12.64%	-29.33%
Current Drawdown Current decline from peak	-19.92%	-7.41%	-12.51%
Average Drawdown Average peak-to-trough decline	-20.36%	-5.50%	-14.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.19%	6.32%	+13.87%

Volatility

AMZZ vs. BRKW - Volatility Comparison

GraniteShares 2x Long AMZN Daily ETF (AMZZ) has a higher volatility of 19.55% compared to Roundhill BRKB WeeklyPay ETF (BRKW) at 5.20%. This indicates that AMZZ's price experiences larger fluctuations and is considered to be riskier than BRKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZZ	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.55%	5.20%	+14.35%
Volatility (6M) Calculated over the trailing 6-month period	43.80%	13.23%	+30.57%
Volatility (1Y) Calculated over the trailing 1-year period	61.92%	17.23%	+44.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.88%	17.25%	+45.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.88%	17.25%	+45.63%

AMZZ vs. BRKW - Expense Ratio Comparison

AMZZ has a 1.15% expense ratio, which is higher than BRKW's 0.99% expense ratio.

Dividends

AMZZ vs. BRKW - Dividend Comparison

AMZZ has not paid dividends to shareholders, while BRKW's dividend yield for the trailing twelve months is around 25.30%.

Position	TTM	2025
AMZZ GraniteShares 2x Long AMZN Daily ETF	0.00%	0.00%
BRKW Roundhill BRKB WeeklyPay ETF	25.30%	14.45%

Frequently Asked Questions

Can I hold both AMZZ and BRKW in my portfolio?

AMZZ and BRKW have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMZZ or BRKW?

AMZZ has higher volatility (19.55%) compared to BRKW (5.20%). In terms of maximum drawdown, AMZZ dropped -55.28% vs BRKW's -12.64%.

Which ETF is better, AMZZ or BRKW?

On 1-year performance, AMZZ leads with 5.65% vs 1.28% for BRKW. On fees, BRKW is cheaper at 0.99% per year. On volatility, BRKW has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZZ or BRKW?

Over the 1-year period, AMZZ has performed better with a 5.65% return vs 1.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZZ or BRKW?

BRKW is cheaper with a 0.99% expense ratio, compared with 1.15% for AMZZ.

Which ETF pays a higher dividend yield, AMZZ or BRKW?

BRKW has the higher dividend yield at 25.30%, compared with 0.00% for AMZZ.

What is the main difference between AMZZ and BRKW?

AMZZ is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.15% for AMZZ and 0.99% for BRKW.

Which has better risk-adjusted returns?

AMZZ currently has the higher Sharpe Ratio (0.09 vs 0.07), 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.