GOLI vs. AMDW

Last updated Jul 2, 2026

GOLI (Defiance Gold Enhanced Options Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

GOLI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Gold Enhanced Options Income ETF (GOLI) 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, GOLI achieves a -11.06% return, which is significantly lower than AMDW's 189.40% return.

GOLI

• 1D: 1.46%
• 1M: -9.25%
• 6M: -11.06%
• YTD: -11.06%
• 1Y: 2.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -7.80%
• 1M: 6.40%
• 6M: 189.40%
• YTD: 189.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOLI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
GOLI Defiance Gold Enhanced Options Income ETF	-11.06%	13.86%
AMDW Roundhill AMD WeeklyPay ETF	189.40%	36.56%

Correlation

The correlation between GOLI and AMDW is 0.19, 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 24, 2025	0.19

Return for Risk

GOLI vs. AMDW — Risk / Return Rank

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

GOLI

GOLI Risk / Return Rank: 10
GOLI Sharpe Ratio Rank: 10
GOLI Sortino Ratio Rank: 10
GOLI Omega Ratio Rank: 11
GOLI Calmar Ratio Rank: 10
GOLI Martin Ratio Rank: 11

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.

GOLI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GOLI) 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.

	GOLI	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	0.11	—	—
Sortino ratio: Return per unit of downside risk	0.30	—	—
Omega ratio: Gain probability vs. loss probability	1.05	—	—
Calmar ratio: Return relative to maximum drawdown	0.10	—	—
Martin ratio: Return relative to average drawdown	0.34	—	—

Drawdowns

GOLI vs. AMDW - Drawdown Comparison

The maximum GOLI drawdown since its inception was -25.88%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for GOLI and AMDW.

Drawdown Indicators

	GOLI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-25.88%	-34.64%	+8.76%
Max Drawdown (1Y) Largest decline over 1 year	-25.88%	—	—
Current Drawdown Current decline from peak	-20.91%	-7.80%	-13.11%
Average Drawdown Average peak-to-trough decline	-4.79%	-14.01%	+9.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.62%	—	—

Volatility

Volatility by Period

	GOLI	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.87%	83.47%	-58.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.35%	83.47%	-60.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.35%	83.47%	-60.12%

GOLI vs. AMDW - Expense Ratio Comparison

Both GOLI and AMDW have an expense ratio of 0.99%.

Dividends

GOLI vs. AMDW - Dividend Comparison

GOLI's dividend yield for the trailing twelve months is around 52.65%, more than AMDW's 37.80% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	37.80%	34.78%
GOLI Defiance Gold Enhanced Options Income ETF	52.65%	37.38%

Frequently Asked Questions

Can I hold both GOLI and AMDW in my portfolio?

GOLI and AMDW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOLI or AMDW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOLI or AMDW?

GOLI and AMDW have the same expense ratio: 0.99% per year.

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

GOLI has the higher dividend yield at 52.65%, compared with 37.80% for AMDW.

What is the main difference between GOLI and AMDW?

They also come from different issuers: Defiance and Roundhill.