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AVGW vs. SPYD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AVGW vs. SPYD

Last updated Jul 17, 2026
Documentation

AVGW (Roundhill AVGO WeeklyPay™ ETF) and SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) are both exchange-traded funds - AVGW is a Derivative Income fund actively managed by Roundhill, while SPYD is a S&P 500 fund tracking the S&P 500 High Dividend Index. AVGW is actively managed, while SPYD is passively managed. At a correlation of -0.16, they often move in opposite directions. AVGW charges 0.99%/yr vs 0.07%/yr for SPYD.

Performance

AVGW vs. SPYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AVGW achieves a 6.65% return, which is significantly lower than SPYD's 17.05% return.

AVGW

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

SPYD

1D
1.89%
1M
3.24%
6M
12.25%
YTD
17.05%
1Y
20.36%
3Y*
14.55%
5Y*
9.48%
10Y*
8.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGW vs. SPYD - Yearly Performance Comparison

2026 (YTD)2025
AVGW
Roundhill AVGO WeeklyPay™ ETF		6.65%20.48%
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		17.05%0.07%

Correlation

The correlation between AVGW and SPYD is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jul 24, 2025

-0.16

AVGW vs. SPYD - Sectors Allocation Comparison

Sectors
AVGW
SPYD

Technology

26.7%
3.2%

Basic Materials

-

3.0%

Communication Services

-

4.8%

Consumer Cyclical

-

7.3%

Consumer Defensive

-

16.0%

Energy

-

8.5%

Financial Services

-

11.9%

Healthcare

-

5.3%

Industrials

-

2.3%

Real Estate

-

26.5%

Utilities

-

11.2%

Technology

AVGW
26.7%
SPYD
3.2%

Basic Materials

AVGW

-

SPYD
3.0%

Communication Services

AVGW

-

SPYD
4.8%

Consumer Cyclical

AVGW

-

SPYD
7.3%

Consumer Defensive

AVGW

-

SPYD
16.0%

Energy

AVGW

-

SPYD
8.5%

Financial Services

AVGW

-

SPYD
11.9%

Healthcare

AVGW

-

SPYD
5.3%

Industrials

AVGW

-

SPYD
2.3%

Real Estate

AVGW

-

SPYD
26.5%

Utilities

AVGW

-

SPYD
11.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Roundhill AVGO WeeklyPay™ ETF

State Street SPDR Portfolio S&P 500 High Dividend ETF

Often compared with AVGW:
AVGW vs. AVGOAVGW vs. NVDWAVGW vs. GOOWAVGW vs. AMZWAVGW vs. AVGXAVGW vs. AAPWAVGW vs. PLTW
Often compared with SPYD:
SPYD vs. SCHDSPYD vs. SPYSPYD vs. VYMSPYD vs. SPYISPYD vs. HDVSPYD vs. JEPISPYD vs. SPHD

Return for Risk

AVGW vs. SPYD — 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.

SPYD
SPYD Risk / Return Rank: 6565
Overall Rank
SPYD Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
SPYD Sortino Ratio Rank: 7070
Sortino Ratio Rank
SPYD Omega Ratio Rank: 5959
Omega Ratio Rank
SPYD Calmar Ratio Rank: 7171
Calmar Ratio Rank
SPYD Martin Ratio Rank: 5959
Martin Ratio Rank
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. SPYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD). 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.

AVGWSPYDDifference
Sharpe ratioReturn per unit of total volatility

—

1.72

—

Sortino ratioReturn per unit of downside risk

—

2.56

—

Omega ratioGain probability vs. loss probability

—

1.29

—

Calmar ratioReturn relative to maximum drawdown

—

2.90

—

Martin ratioReturn relative to average drawdown

—

8.35

—

AVGW vs. SPYD - Sharpe Ratio Comparison

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Drawdowns

AVGW vs. SPYD - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, smaller than the maximum SPYD drawdown of -46.42%. Use the drawdown chart below to compare losses from any high point for AVGW and SPYD.

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Drawdown Indicators

AVGWSPYDDifference

Max Drawdown

Largest peak-to-trough decline

-34.65%

-46.42%

+11.77%

Max Drawdown (1Y)

Largest decline over 1 year

—

-7.05%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-16.13%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-22.25%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-46.42%

—

Current Drawdown

Current decline from peak

-26.88%

0.00%

-26.88%

Average Drawdown

Average peak-to-trough decline

-13.55%

-6.11%

-7.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

2.44%

—

Volatility

AVGW vs. SPYD - Volatility Comparison

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Volatility by Period

AVGWSPYDDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

4.33%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

8.31%

—

Volatility (1Y)

Calculated over the trailing 1-year period

57.12%

11.93%

+45.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

57.12%

16.05%

+41.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.12%

19.76%

+37.36%

AVGW vs. SPYD - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than SPYD's 0.07% expense ratio.

Dividends

AVGW vs. SPYD - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 69.48%, more than SPYD's 4.10% yield.

PositionTTM20252024202320222021202020192018201720162015
AVGW
Roundhill AVGO WeeklyPay™ ETF		69.48%31.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPYD
State Street SPDR Portfolio S&P 500 High Dividend ETF		4.10%4.52%4.31%4.66%5.01%3.68%4.95%4.42%4.75%4.63%4.34%1.13%

Frequently Asked Questions

AVGW and SPYD have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SPYD is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SPYD is cheaper with a 0.07% expense ratio, compared with 0.99% for AVGW.

AVGW has the higher dividend yield at 69.48%, compared with 4.10% for SPYD.

AVGW is categorized as Derivative Income, while SPYD is S&P 500. They also come from different issuers: Roundhill and State Street. Their fees differ too: 0.99% for AVGW and 0.07% for SPYD.

Portfolio Optimizer

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