AVGW vs. RDTE

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE).

AVGW and RDTE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVGW is an actively managed fund by Roundhill. It was launched on Jul 24, 2025. RDTE is an actively managed fund by Roundhill. It was launched on Sep 9, 2024.

Performance

AVGW vs. RDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). The values are adjusted to include any dividend payments, if applicable.

AVGW vs. RDTE - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	-12.03%	20.91%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	0.99%	6.76%

Returns By Period

In the year-to-date period, AVGW achieves a -12.03% return, which is significantly lower than RDTE's 0.99% return.

AVGW

• 1D: 1.65%
• 1M: -2.00%
• YTD: -12.03%
• 6M: -9.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RDTE

• 1D: 0.67%
• 1M: -4.76%
• YTD: 0.99%
• 6M: 1.65%
• 1Y: 18.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. RDTE - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than RDTE's 0.95% expense ratio.

AVGW

Roundhill AVGO WeeklyPay™ ETF

RDTE

Roundhill Small Cap 0DTE Covered Call Strategy ETF

Return for Risk

AVGW vs. RDTE — Risk / Return Rank

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

RDTE

RDTE Risk / Return Rank: 46
RDTE Sharpe Ratio Rank: 49
RDTE Sortino Ratio Rank: 44
RDTE Omega Ratio Rank: 43
RDTE Calmar Ratio Rank: 48
RDTE 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. RDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). 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.

Sharpe Ratios by Period

	AVGW	RDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.65	-0.48

Correlation

The correlation between AVGW and RDTE is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AVGW vs. RDTE - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 54.84%, more than RDTE's 51.50% yield.

	TTM	2025	2024
AVGW Roundhill AVGO WeeklyPay™ ETF	54.84%	31.15%	0.00%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	51.50%	50.16%	10.70%

Drawdowns

AVGW vs. RDTE - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, which is greater than RDTE's maximum drawdown of -24.32%. Use the drawdown chart below to compare losses from any high point for AVGW and RDTE.

Drawdown Indicators

	AVGW	RDTE	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-24.32%	-10.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.91%	—
Current Drawdown Current decline from peak	-29.20%	-5.96%	-23.24%
Average Drawdown Average peak-to-trough decline	-13.70%	-5.04%	-8.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.90%	—

Volatility

Volatility by Period

	AVGW	RDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.07%	19.72%	+34.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.07%	19.45%	+34.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.07%	19.45%	+34.62%