BABO vs. AMDW

Last updated Jun 24, 2026

BABO (YieldMax BABA Option Income Strategy ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

BABO vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax BABA Option Income Strategy ETF (BABO) and Roundhill AMD WeeklyPay ETF (AMDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BABO achieves a -26.68% return, which is significantly lower than AMDW's 176.01% return.

BABO

• 1D: -2.37%
• 1M: -17.19%
• YTD: -26.68%
• 6M: -28.29%
• 1Y: -9.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -7.20%
• 1M: 12.58%
• YTD: 176.01%
• 6M: 174.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BABO vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
BABO YieldMax BABA Option Income Strategy ETF	-26.68%	17.14%
AMDW Roundhill AMD WeeklyPay ETF	176.01%	36.56%

Correlation

The correlation between BABO and AMDW is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.31

Return for Risk

BABO vs. AMDW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BABO

BABO Risk / Return Rank: 6
BABO Sharpe Ratio Rank: 6
BABO Sortino Ratio Rank: 6
BABO Omega Ratio Rank: 7
BABO Calmar Ratio Rank: 7
BABO Martin Ratio Rank: 6

AMDW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BABO vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax BABA Option Income Strategy ETF (BABO) and Roundhill AMD WeeklyPay ETF (AMDW). 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.

	BABO	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	—	—
Sortino ratio: Return per unit of downside risk	-0.17	—	—
Omega ratio: Gain probability vs. loss probability	0.98	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.58	—	—

Drawdowns

BABO vs. AMDW - Drawdown Comparison

The maximum BABO drawdown since its inception was -38.40%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for BABO and AMDW.

Drawdown Indicators

	BABO	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-38.40%	-34.64%	-3.76%
Max Drawdown (1Y) Largest decline over 1 year	-38.40%	—	—
Current Drawdown Current decline from peak	-38.40%	-7.20%	-31.20%
Average Drawdown Average peak-to-trough decline	-14.18%	-14.25%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.30%	—	—

Volatility

Volatility by Period

	BABO	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.28%	83.41%	-48.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.54%	83.41%	-46.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.54%	83.41%	-46.87%

BABO vs. AMDW - Expense Ratio Comparison

Both BABO and AMDW have an expense ratio of 0.99%.

Dividends

BABO vs. AMDW - Dividend Comparison

BABO's dividend yield for the trailing twelve months is around 102.95%, more than AMDW's 37.14% yield.

Position	TTM	2025	2024
AMDW Roundhill AMD WeeklyPay ETF	37.14%	34.78%	0.00%
BABO YieldMax BABA Option Income Strategy ETF	102.95%	85.50%	20.65%

Frequently Asked Questions

Can I hold both BABO and AMDW in my portfolio?

BABO and AMDW have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BABO or AMDW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BABO or AMDW?

BABO and AMDW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, BABO or AMDW?

BABO has the higher dividend yield at 102.95%, compared with 37.14% for AMDW.

What is the main difference between BABO and AMDW?

They also come from different issuers: YieldMax and Roundhill.