FGSI vs. AMDW

Last updated Jun 4, 2026

FGSI (First Trust Vest Growth Strength & Target Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. FGSI charges 0.85%/yr vs 0.99%/yr for AMDW.

Performance

FGSI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Vest Growth Strength & Target Income ETF (FGSI) 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, FGSI achieves a 4.99% return, which is significantly lower than AMDW's 192.40% return.

FGSI

• 1D: -0.54%
• 1M: 3.18%
• YTD: 4.99%
• 6M: 5.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGSI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
FGSI First Trust Vest Growth Strength & Target Income ETF	4.99%	0.42%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%

Correlation

The correlation between FGSI and AMDW is 0.39, 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 25, 2025	0.39

FGSI vs. AMDW - Sectors Allocation Comparison

Sectors	FGSI	AMDW
Technology	30.5%	28.6%
Healthcare	17.6%	-
Financial Services	16.2%	-
Consumer Cyclical	13.6%	-
Industrials	12.4%	-
Communication Services	5.7%	-
Energy	4.8%	-
Consumer Defensive	2.0%	-
Basic Materials	1.9%	-
Real Estate	-	-
Utilities	-	-

Return for Risk

FGSI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Vest Growth Strength & Target Income ETF (FGSI) 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.

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

Sharpe Ratios by Period

	FGSI	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	4.83	-3.98

Drawdowns

FGSI vs. AMDW - Drawdown Comparison

The maximum FGSI drawdown since its inception was -8.25%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for FGSI and AMDW.

Drawdown Indicators

	FGSI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-8.25%	-34.64%	+26.39%
Current Drawdown Current decline from peak	-1.50%	0.00%	-1.50%
Average Drawdown Average peak-to-trough decline	-1.91%	-14.66%	+12.75%

Volatility

Volatility by Period

	FGSI	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	81.56%	-69.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.43%	81.56%	-69.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.43%	81.56%	-69.13%

FGSI vs. AMDW - Expense Ratio Comparison

FGSI has a 0.85% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

FGSI vs. AMDW - Dividend Comparison

FGSI's dividend yield for the trailing twelve months is around 7.57%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
FGSI First Trust Vest Growth Strength & Target Income ETF	7.57%	4.20%

Frequently Asked Questions

Can I hold both FGSI and AMDW in my portfolio?

FGSI and AMDW have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FGSI or AMDW?

On fees, FGSI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FGSI or AMDW?

FGSI is cheaper with a 0.85% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 7.57% for FGSI.

What is the main difference between FGSI and AMDW?

They also come from different issuers: First Trust and Roundhill. Their fees differ too: 0.85% for FGSI and 0.99% for AMDW.