AVGW vs. PEPS
AVGW (Roundhill AVGO WeeklyPay™ ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. AVGW charges 0.99%/yr vs 0.10%/yr for PEPS.
Performance
AVGW vs. PEPS - Performance Comparison
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Returns By Period
In the year-to-date period, AVGW achieves a 22.93% return, which is significantly higher than PEPS's 11.10% return.
AVGW
- 1D
- -14.53%
- 1M
- -2.93%
- YTD
- 22.93%
- 6M
- 9.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PEPS
- 1D
- 0.39%
- 1M
- 5.83%
- YTD
- 11.10%
- 6M
- 11.19%
- 1Y
- 32.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGW vs. PEPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 22.93% | 20.91% |
PEPS Parametric Equity Plus ETF | 11.10% | 10.81% |
Correlation
The correlation between AVGW and PEPS is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025 | 0.55 |
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Return for Risk
AVGW vs. PEPS — Risk / Return Rank
AVGW
PEPS
AVGW vs. PEPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and Parametric Equity Plus ETF (PEPS). 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.
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Sharpe Ratios by Period
| AVGW | PEPS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 1.06 | -0.02 |
Drawdowns
AVGW vs. PEPS - Drawdown Comparison
The maximum AVGW drawdown since its inception was -34.65%, which is greater than PEPS's maximum drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for AVGW and PEPS.
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Drawdown Indicators
| AVGW | PEPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.65% | -21.26% | -13.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -15.71% | -0.13% | -15.58% |
Average DrawdownAverage peak-to-trough decline | -12.21% | -2.76% | -9.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.09% | — |
Volatility
AVGW vs. PEPS - Volatility Comparison
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Volatility by Period
| AVGW | PEPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.83% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 55.87% | 13.05% | +42.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.87% | 18.28% | +37.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.87% | 18.28% | +37.59% |
AVGW vs. PEPS - Expense Ratio Comparison
AVGW has a 0.99% expense ratio, which is higher than PEPS's 0.10% expense ratio.
Dividends
AVGW vs. PEPS - Dividend Comparison
AVGW's dividend yield for the trailing twelve months is around 52.01%, more than PEPS's 0.88% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 52.01% | 31.15% | 0.00% |
PEPS Parametric Equity Plus ETF | 0.88% | 1.00% | 0.17% |
Frequently Asked Questions
AVGW and PEPS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PEPS is cheaper with a 0.10% expense ratio, compared with 0.99% for AVGW.
AVGW has the higher dividend yield at 52.01%, compared with 0.88% for PEPS.
They also come from different issuers: Roundhill and Parametric. Their fees differ too: 0.99% for AVGW and 0.10% for PEPS.
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