DIVP vs. AMDW

Last updated Jun 26, 2026

DIVP (Cullen Enhanced Equity Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.10 correlation, their price movements are largely independent. DIVP charges 0.55%/yr vs 0.99%/yr for AMDW.

Performance

DIVP vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cullen Enhanced Equity Income ETF (DIVP) 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, DIVP achieves a 9.77% return, which is significantly lower than AMDW's 184.89% return.

DIVP

• 1D: 0.91%
• 1M: 1.31%
• YTD: 9.77%
• 6M: 9.02%
• 1Y: 14.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: 3.37%
• 1M: 6.73%
• YTD: 184.89%
• 6M: 182.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVP vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
DIVP Cullen Enhanced Equity Income ETF	9.77%	-0.24%
AMDW Roundhill AMD WeeklyPay ETF	184.89%	36.56%

Correlation

The correlation between DIVP and AMDW is 0.10, 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 24, 2025	0.10

DIVP vs. AMDW - Sectors Allocation Comparison

Sectors	DIVP	AMDW
Healthcare	16.9%	-
Financial Services	15.6%	-
Consumer Defensive	12.2%	-
Energy	10.6%	-
Industrials	9.4%	-
Technology	8.0%	27.8%
Communication Services	7.9%	-
Real Estate	6.9%	-
Utilities	5.9%	-
Consumer Cyclical	4.3%	-
Basic Materials	2.5%	-

Return for Risk

DIVP vs. AMDW — Risk / Return Rank

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

DIVP

DIVP Risk / Return Rank: 44
DIVP Sharpe Ratio Rank: 43
DIVP Sortino Ratio Rank: 46
DIVP Omega Ratio Rank: 39
DIVP Calmar Ratio Rank: 52
DIVP Martin Ratio Rank: 39

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.

DIVP vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) 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.

	DIVP	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	1.40	—	—
Sortino ratio: Return per unit of downside risk	2.06	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.27	—	—
Martin ratio: Return relative to average drawdown	5.51	—	—

Drawdowns

DIVP vs. AMDW - Drawdown Comparison

The maximum DIVP drawdown since its inception was -12.26%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for DIVP and AMDW.

Drawdown Indicators

	DIVP	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-12.26%	-34.64%	+22.38%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	—	—
Current Drawdown Current decline from peak	-0.09%	-4.21%	+4.12%
Average Drawdown Average peak-to-trough decline	-2.39%	-14.18%	+11.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	—	—

Volatility

Volatility by Period

	DIVP	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	83.10%	-72.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.75%	83.10%	-71.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.75%	83.10%	-71.35%

DIVP vs. AMDW - Expense Ratio Comparison

DIVP has a 0.55% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

DIVP vs. AMDW - Dividend Comparison

DIVP's dividend yield for the trailing twelve months is around 5.60%, less than AMDW's 35.98% yield.

Position	TTM	2025	2024
AMDW Roundhill AMD WeeklyPay ETF	35.98%	34.78%	0.00%
DIVP Cullen Enhanced Equity Income ETF	5.60%	6.06%	5.92%

Frequently Asked Questions

Can I hold both DIVP and AMDW in my portfolio?

DIVP and AMDW have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIVP or AMDW?

On fees, DIVP is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVP or AMDW?

DIVP is cheaper with a 0.55% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 35.98%, compared with 5.60% for DIVP.

What is the main difference between DIVP and AMDW?

They also come from different issuers: Cullen and Roundhill. Their fees differ too: 0.55% for DIVP and 0.99% for AMDW.