AVGW vs. NFLW

Last updated Jul 17, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and NFLW (Roundhill NFLX WeeklyPay ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

AVGW vs. NFLW - Performance Comparison

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

Returns By Period

In the year-to-date period, AVGW achieves a 6.65% return, which is significantly higher than NFLW's -26.22% return.

AVGW

• 1D: -6.06%
• 1M: -1.07%
• 6M: 7.89%
• YTD: 6.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLW

• 1D: 0.85%
• 1M: -7.21%
• 6M: -20.56%
• YTD: -26.22%
• 1Y: -48.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. NFLW - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	6.65%	20.48%
NFLW Roundhill NFLX WeeklyPay ETF	-26.22%	-25.32%

Correlation

The correlation between AVGW and NFLW is 0.02, 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 (All Time) Calculated using the full available price history since Jul 24, 2025	0.02

AVGW vs. NFLW - Sectors Allocation Comparison

Sectors	AVGW	NFLW
Technology	26.7%	-
Basic Materials	-	-
Communication Services	-	12.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AVGW vs. NFLW — 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.

NFLW

NFLW Risk / Return Rank: 1
NFLW Sharpe Ratio Rank: 1
NFLW Sortino Ratio Rank: 1
NFLW Omega Ratio Rank: 1
NFLW Calmar Ratio Rank: 1
NFLW Martin Ratio Rank: 0

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. NFLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill NFLX WeeklyPay ETF (NFLW). 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	NFLW	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.20	—
Sortino ratio: Return per unit of downside risk	—	-1.90	—
Omega ratio: Gain probability vs. loss probability	—	0.76	—
Calmar ratio: Return relative to maximum drawdown	—	-0.94	—
Martin ratio: Return relative to average drawdown	—	-1.59	—

Drawdowns

AVGW vs. NFLW - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, smaller than the maximum NFLW drawdown of -55.10%. Use the drawdown chart below to compare losses from any high point for AVGW and NFLW.

Drawdown Indicators

	AVGW	NFLW	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-55.10%	+20.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-52.27%	—
Current Drawdown Current decline from peak	-26.88%	-53.01%	+26.13%
Average Drawdown Average peak-to-trough decline	-13.55%	-29.35%	+15.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.82%	—

Volatility

Volatility by Period

	AVGW	NFLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.12%	40.96%	+16.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.12%	40.30%	+16.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.12%	40.30%	+16.82%

AVGW vs. NFLW - Expense Ratio Comparison

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

Dividends

AVGW vs. NFLW - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 69.48%, less than NFLW's 82.21% yield.

Position	TTM	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	69.48%	31.15%
NFLW Roundhill NFLX WeeklyPay ETF	82.21%	38.89%

Frequently Asked Questions

Can I hold both AVGW and NFLW in my portfolio?

AVGW and NFLW have a correlation of 0.02, 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 NFLW?

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 NFLW?

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

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

NFLW has the higher dividend yield at 82.21%, compared with 69.48% for AVGW.