AVGW vs. XDTE

Last updated Jul 17, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and XDTE (Roundhill S&P 500 0DTE Covered Call Strategy ETF) are both Derivative Income funds from Roundhill. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. AVGW charges 0.99%/yr vs 0.97%/yr for XDTE.

Performance

AVGW vs. XDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGW achieves a 6.65% return, which is significantly lower than XDTE's 9.30% return.

AVGW

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

XDTE

• 1D: -0.45%
• 1M: 0.83%
• 6M: 7.46%
• YTD: 9.30%
• 1Y: 20.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. XDTE - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	6.65%	20.48%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	9.30%	8.43%

Correlation

The correlation between AVGW and XDTE is 0.59, 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 24, 2025	0.59

AVGW vs. XDTE - Sectors Allocation Comparison

Sectors	AVGW	XDTE
Technology	26.7%	39.0%
Basic Materials	-	1.7%
Communication Services	-	10.6%
Consumer Cyclical	-	9.9%
Consumer Defensive	-	4.5%
Energy	-	3.1%
Financial Services	-	11.1%
Healthcare	-	8.3%
Industrials	-	7.8%
Real Estate	-	1.8%
Utilities	-	2.1%

Return for Risk

AVGW vs. XDTE — 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.

XDTE

XDTE Risk / Return Rank: 67
XDTE Sharpe Ratio Rank: 66
XDTE Sortino Ratio Rank: 63
XDTE Omega Ratio Rank: 66
XDTE Calmar Ratio Rank: 65
XDTE Martin Ratio Rank: 76

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. XDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE). 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.

	AVGW	XDTE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.74	—
Sortino ratio: Return per unit of downside risk	—	2.35	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.62	—
Martin ratio: Return relative to average drawdown	—	11.29	—

Drawdowns

AVGW vs. XDTE - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, which is greater than XDTE's maximum drawdown of -19.09%. Use the drawdown chart below to compare losses from any high point for AVGW and XDTE.

Drawdown Indicators

	AVGW	XDTE	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-19.09%	-15.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.68%	—
Current Drawdown Current decline from peak	-26.88%	-0.45%	-26.43%
Average Drawdown Average peak-to-trough decline	-13.55%	-2.27%	-11.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.78%	—

Volatility

Volatility by Period

	AVGW	XDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.12%	11.62%	+45.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.12%	13.85%	+43.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.12%	13.85%	+43.27%

AVGW vs. XDTE - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than XDTE's 0.97% expense ratio.

Dividends

AVGW vs. XDTE - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 69.48%, more than XDTE's 33.20% yield.

Position	TTM	2025	2024
AVGW Roundhill AVGO WeeklyPay™ ETF	69.48%	31.15%	0.00%
XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF	33.20%	39.16%	20.35%

Frequently Asked Questions

Can I hold both AVGW and XDTE in my portfolio?

AVGW and XDTE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGW or XDTE?

On fees, XDTE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGW or XDTE?

XDTE is cheaper with a 0.97% expense ratio, compared with 0.99% for AVGW.

Which ETF pays a higher dividend yield, AVGW or XDTE?

AVGW has the higher dividend yield at 69.48%, compared with 33.20% for XDTE.

What is the main difference between AVGW and XDTE?

Their fees differ too: 0.99% for AVGW and 0.97% for XDTE.