AVGW vs. XLVI

Last updated Jun 4, 2026

AVGW (Roundhill AVGO WeeklyPay™ ETF) and XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. AVGW charges 0.99%/yr vs 0.35%/yr for XLVI.

Performance

AVGW vs. XLVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGW achieves a 43.84% return, which is significantly higher than XLVI's -0.67% return.

AVGW

• 1D: -1.38%
• 1M: 17.30%
• YTD: 43.84%
• 6M: 27.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLVI

• 1D: 0.67%
• 1M: 2.30%
• YTD: -0.67%
• 6M: 0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGW vs. XLVI - Yearly Performance Comparison

	2026 (YTD)	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	43.84%	14.40%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	-0.67%	12.79%

Correlation

The correlation between AVGW and XLVI is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.02

AVGW vs. XLVI - Sectors Allocation Comparison

Sectors	AVGW	XLVI
Technology	33.2%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.6%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AVGW vs. XLVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AVGO WeeklyPay™ ETF (AVGW) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). 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	XLVI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	1.33	+0.37

Drawdowns

AVGW vs. XLVI - Drawdown Comparison

The maximum AVGW drawdown since its inception was -34.65%, which is greater than XLVI's maximum drawdown of -8.14%. Use the drawdown chart below to compare losses from any high point for AVGW and XLVI.

Drawdown Indicators

	AVGW	XLVI	Difference
Max Drawdown Largest peak-to-trough decline	-34.65%	-8.14%	-26.51%
Current Drawdown Current decline from peak	-1.38%	-4.02%	+2.64%
Average Drawdown Average peak-to-trough decline	-12.19%	-1.95%	-10.24%

Volatility

Volatility by Period

	AVGW	XLVI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.65%	10.94%	+42.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.65%	10.94%	+42.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.65%	10.94%	+42.71%

AVGW vs. XLVI - Expense Ratio Comparison

AVGW has a 0.99% expense ratio, which is higher than XLVI's 0.35% expense ratio.

Dividends

AVGW vs. XLVI - Dividend Comparison

AVGW's dividend yield for the trailing twelve months is around 44.45%, more than XLVI's 11.53% yield.

Position	TTM	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	44.45%	31.15%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	11.53%	5.73%

Frequently Asked Questions

Can I hold both AVGW and XLVI in my portfolio?

AVGW and XLVI have a correlation of 0.02, 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 XLVI?

On fees, XLVI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGW or XLVI?

XLVI is cheaper with a 0.35% expense ratio, compared with 0.99% for AVGW.

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

AVGW has the higher dividend yield at 44.45%, compared with 11.53% for XLVI.

What is the main difference between AVGW and XLVI?

They also come from different issuers: Roundhill and State Street. Their fees differ too: 0.99% for AVGW and 0.35% for XLVI.