AVGW vs. AAPW

Last updated Jun 23, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and AAPW (AAPL WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AVGW vs. AAPW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and AAPL WeeklyPay™ ETF (AAPW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGW achieves a 13.05% return, which is significantly higher than AAPW's 8.88% return.

AVGW

• 1D: -5.79%
• 1M: -7.09%
• YTD: 13.05%
• 6M: 14.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAPW

• 1D: -0.69%
• 1M: -5.08%
• YTD: 8.88%
• 6M: 8.92%
• 1Y: 52.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. AAPW - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	13.05%	20.48%
AAPW AAPL WeeklyPay™ ETF	8.88%	30.43%

Correlation

The correlation between AVGW and AAPW is 0.21, 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 24, 2025	0.21

AVGW vs. AAPW - Sectors Allocation Comparison

Sectors	AVGW	AAPW
Technology	31.3%	20.1%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AVGW vs. AAPW — Risk / Return Rank

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

AVGW

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

AAPW

AAPW Risk / Return Rank: 57
AAPW Sharpe Ratio Rank: 59
AAPW Sortino Ratio Rank: 59
AAPW Omega Ratio Rank: 57
AAPW Calmar Ratio Rank: 64
AAPW Martin Ratio Rank: 47

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.

AVGW vs. AAPW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and AAPL WeeklyPay™ ETF (AAPW). 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.

	AVGW	AAPW	Difference
Sharpe ratio: Return per unit of total volatility	—	1.92	—
Sortino ratio: Return per unit of downside risk	—	2.69	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.07	—
Martin ratio: Return relative to average drawdown	—	7.55	—

Drawdowns

AVGW vs. AAPW - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, roughly equal to the maximum AAPW drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for AVGW and AAPW.

Drawdown Indicators

	AVGW	AAPW	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-36.28%	+1.63%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.36%	—
Current Drawdown Current decline from peak	-22.49%	-7.24%	-15.25%
Average Drawdown Average peak-to-trough decline	-12.68%	-10.98%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.03%	—

Volatility

Volatility by Period

	AVGW	AAPW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.32%	27.78%	+29.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.32%	34.47%	+22.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.32%	34.47%	+22.85%

AVGW vs. AAPW - Expense Ratio Comparison

Both AVGW and AAPW have an expense ratio of 0.99%.

Dividends

AVGW vs. AAPW - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 61.08%, more than AAPW's 33.56% yield.

Position	TTM	2025
AAPW AAPL WeeklyPay™ ETF	33.19%	28.83%
AVGW Roundhill AVGO WeeklyPay™ ETF	61.08%	31.15%

Frequently Asked Questions

Can I hold both AVGW and AAPW in my portfolio?

AVGW and AAPW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGW or AAPW?

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, AVGW or AAPW?

AVGW and AAPW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, AVGW or AAPW?

AVGW has the higher dividend yield at 61.08%, compared with 33.56% for AAPW.