FYEE vs. AMDW

Last updated Jun 4, 2026

FYEE (Fidelity Yield Enhanced Equity ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. FYEE charges 0.28%/yr vs 0.99%/yr for AMDW.

Performance

FYEE vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Yield Enhanced Equity ETF (FYEE) 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, FYEE achieves a 7.03% return, which is significantly lower than AMDW's 192.40% return.

FYEE

• 1D: -0.30%
• 1M: 3.22%
• YTD: 7.03%
• 6M: 8.52%
• 1Y: 24.64%
• 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)

FYEE vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
FYEE Fidelity Yield Enhanced Equity ETF	7.03%	11.09%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%

Correlation

The correlation between FYEE and AMDW is 0.45, 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	0.45

Return for Risk

FYEE vs. AMDW — Risk / Return Rank

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

FYEE

FYEE Risk / Return Rank: 77
FYEE Sharpe Ratio Rank: 78
FYEE Sortino Ratio Rank: 76
FYEE Omega Ratio Rank: 84
FYEE Calmar Ratio Rank: 66
FYEE Martin Ratio Rank: 83

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.

FYEE vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Yield Enhanced Equity ETF (FYEE) 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.

	FYEE	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	2.57	—	—
Sortino ratio: Return per unit of downside risk	3.47	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	17.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FYEE	AMDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	4.83	-3.59

Drawdowns

FYEE vs. AMDW - Drawdown Comparison

The maximum FYEE drawdown since its inception was -18.79%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for FYEE and AMDW.

Drawdown Indicators

	FYEE	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-18.79%	-34.64%	+15.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.39%	—	—
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-2.25%	-14.66%	+12.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	—	—

Volatility

Volatility by Period

	FYEE	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.64%	81.56%	-71.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	81.56%	-67.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	81.56%	-67.72%

FYEE vs. AMDW - Expense Ratio Comparison

FYEE has a 0.28% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

FYEE vs. AMDW - Dividend Comparison

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

Position	TTM	2025	2024
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%	0.00%
FYEE Fidelity Yield Enhanced Equity ETF	7.57%	7.08%	5.45%

Frequently Asked Questions

Can I hold both FYEE and AMDW in my portfolio?

FYEE and AMDW have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FYEE or AMDW?

On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FYEE or AMDW?

FYEE is cheaper with a 0.28% expense ratio, compared with 0.99% for AMDW.

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

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

What is the main difference between FYEE and AMDW?

They also come from different issuers: Fidelity and Roundhill. Their fees differ too: 0.28% for FYEE and 0.99% for AMDW.