EDGE vs. AMDW
EDGE (MRBL Enhanced Equity ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. EDGE charges 0.74%/yr vs 0.99%/yr for AMDW.
Performance
EDGE vs. AMDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDGE achieves a 7.77% return, which is significantly lower than AMDW's 176.01% return.
EDGE
- 1D
- -1.30%
- 1M
- 0.06%
- YTD
- 7.77%
- 6M
- 7.50%
- 1Y
- 25.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMDW
- 1D
- -7.20%
- 1M
- 12.58%
- YTD
- 176.01%
- 6M
- 174.69%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EDGE vs. AMDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EDGE MRBL Enhanced Equity ETF | 7.77% | 11.00% |
AMDW Roundhill AMD WeeklyPay ETF | 176.01% | 36.56% |
Correlation
The correlation between EDGE and AMDW is 0.52, 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 | 0.52 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EDGE vs. AMDW — Risk / Return Rank
EDGE
AMDW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EDGE vs. AMDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MRBL Enhanced Equity ETF (EDGE) 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.
| EDGE | AMDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.42 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | — | — |
| Martin ratioReturn relative to average drawdown | 14.65 | — | — |
Loading charts...
Drawdowns
EDGE vs. AMDW - Drawdown Comparison
The maximum EDGE drawdown since its inception was -20.66%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for EDGE and AMDW.
Loading charts...
Drawdown Indicators
| EDGE | AMDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.66% | -34.64% | +13.98% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | — | — |
Current DrawdownCurrent decline from peak | -1.95% | -7.20% | +5.25% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -14.25% | +11.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | — | — |
Volatility
EDGE vs. AMDW - Volatility Comparison
Loading charts...
Volatility by Period
| EDGE | AMDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.98% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.98% | 83.41% | -71.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.07% | 83.41% | -67.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 83.41% | -67.34% |
EDGE vs. AMDW - Expense Ratio Comparison
EDGE has a 0.74% expense ratio, which is lower than AMDW's 0.99% expense ratio.
Dividends
EDGE vs. AMDW - Dividend Comparison
EDGE has not paid dividends to shareholders, while AMDW's dividend yield for the trailing twelve months is around 37.14%.
| Position | TTM | 2025 |
|---|---|---|
AMDW Roundhill AMD WeeklyPay ETF | 37.14% | 34.78% |
EDGE MRBL Enhanced Equity ETF | 0.00% | 0.00% |
Frequently Asked Questions
EDGE and AMDW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDGE is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDGE is cheaper with a 0.74% expense ratio, compared with 0.99% for AMDW.
AMDW has the higher dividend yield at 37.14%, compared with 0.00% for EDGE.
They also come from different issuers: MRBL and Roundhill. Their fees differ too: 0.74% for EDGE and 0.99% for AMDW.
Find the right allocation for EDGE and AMDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer