DYLG vs. AMDW

Last updated Aug 2, 2026

DYLG (Global X Dow 30 Covered Call & Growth ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. DYLG is passively managed, while AMDW is actively managed. Over the past year, DYLG returned 20.19% vs 209.29% for AMDW. Their 0.33 correlation means their historical movements had little consistent relationship. DYLG charges 0.35%/yr vs 0.99%/yr for AMDW.

Performance

DYLG vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Dow 30 Covered Call & Growth ETF (DYLG) 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, DYLG achieves a 8.59% return, which is significantly lower than AMDW's 146.74% return.

DYLG

• 1D: 0.64%
• 1M: 0.75%
• 6M: 7.29%
• YTD: 8.59%
• 1Y: 20.19%
• 3Y*: 13.16%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.25%

AMDW

• 1D: -2.02%
• 1M: -10.13%
• 6M: 119.90%
• YTD: 146.74%
• 1Y: 209.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 229.60%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMDW Roundhill AMD WeeklyPay ETF	$10.26M	$9.58M	$8.51M
DYLG Global X Dow 30 Covered Call & Growth ETF	$29.24K	$30.29K	$73.30K

DYLG vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
DYLG Global X Dow 30 Covered Call & Growth ETF	8.59%	8.19%
AMDW Roundhill AMD WeeklyPay ETF	146.74%	36.56%

Correlation

The correlation between DYLG and AMDW is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.33

DYLG vs. AMDW - Sectors Allocation Comparison

Sectors	DYLG	AMDW
Financial Services	26.7%	-
Industrials	18.9%	-
Technology	16.1%	19.3%
Healthcare	13.2%	-
Consumer Cyclical	10.3%	-
Communication Services	5.2%	-
Basic Materials	3.9%	-
Consumer Defensive	3.9%	-
Energy	1.9%	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DYLG vs. AMDW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DYLG

DYLG Risk / Return Rank: 79
DYLG Sharpe Ratio Rank: 84
DYLG Sortino Ratio Rank: 84
DYLG Omega Ratio Rank: 85
DYLG Calmar Ratio Rank: 66
DYLG Martin Ratio Rank: 75

AMDW

AMDW Risk / Return Rank: 88
AMDW Sharpe Ratio Rank: 92
AMDW Sortino Ratio Rank: 87
AMDW Omega Ratio Rank: 84
AMDW Calmar Ratio Rank: 96
AMDW Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DYLG vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Dow 30 Covered Call & Growth ETF (DYLG) 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.

	DYLG	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	1.97	2.36	-0.39
Sortino ratio: Return per unit of downside risk	2.80	2.92	-0.13
Omega ratio: Gain probability vs. loss probability	1.37	1.36	+0.01
Calmar ratio: Return relative to maximum drawdown	2.30	5.83	-3.54
Martin ratio: Return relative to average drawdown	9.40	11.47	-2.07

DYLG vs. AMDW - Sharpe Ratio Comparison

The current DYLG Sharpe Ratio is 1.97, which is comparable to the AMDW Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of DYLG and AMDW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DYLG vs. AMDW - Drawdown Comparison

The maximum DYLG drawdown since its inception was -13.98%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for DYLG and AMDW.

Drawdown Indicators

	DYLG	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-13.98%	-34.64%	+20.66%
Max Drawdown (1Y) Largest decline over 1 year	-8.31%	-34.64%	+26.33%
Max Drawdown (3Y) Largest decline over 3 years	-13.98%	—	—
Current Drawdown Current decline from peak	-0.15%	-21.39%	+21.24%
Average Drawdown Average peak-to-trough decline	-1.78%	-13.97%	+12.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	17.59%	-15.56%

Volatility

DYLG vs. AMDW - Volatility Comparison

The current volatility for Global X Dow 30 Covered Call & Growth ETF (DYLG) is 3.02%, while Roundhill AMD WeeklyPay ETF (AMDW) has a volatility of 28.87%. This indicates that DYLG experiences smaller price fluctuations and is considered to be less risky than AMDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DYLG	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.02%	28.87%	-25.85%
Volatility (6M) Calculated over the trailing 6-month period	7.91%	67.40%	-59.49%
Volatility (1Y) Calculated over the trailing 1-year period	9.70%	85.70%	-76.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.35%	85.05%	-73.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.35%	85.05%	-73.70%

DYLG vs. AMDW - Expense Ratio Comparison

DYLG has a 0.35% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

DYLG vs. AMDW - Dividend Comparison

DYLG's dividend yield for the trailing twelve months is around 9.22%, less than AMDW's 53.42% yield.

Position	TTM	2025	2024	2023
AMDW Roundhill AMD WeeklyPay ETF	53.42%	34.78%	0.00%	0.00%
DYLG Global X Dow 30 Covered Call & Growth ETF	9.22%	9.63%	16.55%	1.38%

Frequently Asked Questions

Can I hold both DYLG and AMDW in my portfolio?

DYLG and AMDW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYLG or AMDW?

AMDW has higher volatility (28.87%) compared to DYLG (3.02%). In terms of maximum drawdown, DYLG dropped -13.98% vs AMDW's -34.64%.

Which ETF is better, DYLG or AMDW?

On 1-year performance, AMDW leads with 209.29% vs 20.19% for DYLG. On fees, DYLG is cheaper at 0.35% per year. On volatility, DYLG has been the lower-risk option at 3.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYLG or AMDW?

Over the 1-year period, AMDW has performed better with a 209.29% return vs 20.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYLG or AMDW?

DYLG is cheaper with a 0.35% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 53.42%, compared with 9.22% for DYLG.

What is the main difference between DYLG and AMDW?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.35% for DYLG and 0.99% for AMDW.

Which has better risk-adjusted returns?

AMDW currently has the higher Sharpe Ratio (2.36 vs 1.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.