AVGW vs. TSMY
AVGW (Roundhill AVGO WeeklyPay™ ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.
Performance
AVGW vs. TSMY - Performance Comparison
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Returns By Period
In the year-to-date period, AVGW achieves a 43.84% return, which is significantly higher than TSMY's 37.04% return.
AVGW
- 1D
- -1.38%
- 1M
- 17.30%
- YTD
- 43.84%
- 6M
- 27.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSMY
- 1D
- -1.37%
- 1M
- 7.48%
- YTD
- 37.04%
- 6M
- 39.21%
- 1Y
- 92.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGW vs. TSMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 43.84% | 20.91% |
TSMY YieldMax TSM Option Income Strategy ETF | 37.04% | 20.82% |
Correlation
The correlation between AVGW and TSMY is 0.56, 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 | 0.56 |
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Return for Risk
AVGW vs. TSMY — Risk / Return Rank
AVGW
TSMY
AVGW vs. TSMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and YieldMax TSM Option Income Strategy ETF (TSMY). 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 | TSMY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.69 | 1.56 | +0.14 |
Drawdowns
AVGW vs. TSMY - Drawdown Comparison
The maximum AVGW drawdown since its inception was -34.65%, which is greater than TSMY's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for AVGW and TSMY.
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Drawdown Indicators
| AVGW | TSMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.65% | -31.15% | -3.50% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.50% | — |
Current DrawdownCurrent decline from peak | -1.38% | -1.37% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -12.19% | -5.51% | -6.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.17% | — |
Volatility
AVGW vs. TSMY - Volatility Comparison
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Volatility by Period
| AVGW | TSMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 22.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.65% | 28.87% | +24.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.65% | 33.22% | +20.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.65% | 33.22% | +20.43% |
AVGW vs. TSMY - Expense Ratio Comparison
Both AVGW and TSMY have an expense ratio of 0.99%.
Dividends
AVGW vs. TSMY - Dividend Comparison
AVGW's dividend yield for the trailing twelve months is around 44.45%, less than TSMY's 52.19% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AVGW Roundhill AVGO WeeklyPay™ ETF | 44.45% | 31.15% | 0.00% |
TSMY YieldMax TSM Option Income Strategy ETF | 52.19% | 56.76% | 13.71% |
Frequently Asked Questions
AVGW and TSMY have a correlation of 0.56, 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 TSMY have the same expense ratio: 0.99% per year.
TSMY has the higher dividend yield at 52.19%, compared with 44.45% for AVGW.
They also come from different issuers: Roundhill and YieldMax.
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