AVGW vs. TOPW
AVGW (Roundhill AVGO WeeklyPay™ ETF) and TOPW (Roundhill Top WeeklyPay ETF) are both Derivative Income funds. AVGW is actively managed, while TOPW is passively managed. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.
Performance
AVGW vs. TOPW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVGW achieves a 22.93% return, which is significantly higher than TOPW's 7.03% return.
AVGW
- 1D
- -14.53%
- 1M
- -2.93%
- YTD
- 22.93%
- 6M
- 9.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOPW
- 1D
- -0.63%
- 1M
- 2.63%
- YTD
- 7.03%
- 6M
- -1.44%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGW vs. TOPW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 22.93% | 13.23% |
TOPW Roundhill Top WeeklyPay ETF | 7.03% | -2.47% |
Correlation
The correlation between AVGW and TOPW is 0.51, 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 Sep 5, 2025 | 0.51 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVGW vs. TOPW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill Top WeeklyPay ETF (TOPW). 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.
Loading charts...
Sharpe Ratios by Period
| AVGW | TOPW | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.22 | +0.83 |
Drawdowns
AVGW vs. TOPW - Drawdown Comparison
The maximum AVGW drawdown since its inception was -34.65%, which is greater than TOPW's maximum drawdown of -29.87%. Use the drawdown chart below to compare losses from any high point for AVGW and TOPW.
Loading charts...
Drawdown Indicators
| AVGW | TOPW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.65% | -29.87% | -4.78% |
Current DrawdownCurrent decline from peak | -15.71% | -10.58% | -5.13% |
Average DrawdownAverage peak-to-trough decline | -12.21% | -12.86% | +0.65% |
Volatility
AVGW vs. TOPW - Volatility Comparison
Loading charts...
Volatility by Period
| AVGW | TOPW | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 55.87% | 27.30% | +28.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.87% | 27.30% | +28.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.87% | 27.30% | +28.57% |
AVGW vs. TOPW - Expense Ratio Comparison
Both AVGW and TOPW have an expense ratio of 0.99%.
Dividends
AVGW vs. TOPW - Dividend Comparison
AVGW's dividend yield for the trailing twelve months is around 52.01%, more than TOPW's 40.58% yield.
| Position | TTM | 2025 |
|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 52.01% | 31.15% |
TOPW Roundhill Top WeeklyPay ETF | 40.58% | 21.52% |
Frequently Asked Questions
AVGW and TOPW have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AVGW and TOPW have the same expense ratio: 0.99% per year.
AVGW has the higher dividend yield at 52.01%, compared with 40.58% for TOPW.
They also come from different issuers: Roundhill and Roundhill Investments.
Find the right allocation for AVGW and TOPW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer