GOOW vs. AVGW

Last updated Aug 2, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and AVGW (Roundhill AVGO WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, GOOW returned 103.29% vs 34.76% for AVGW. Their 0.35 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.

Performance

GOOW vs. AVGW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Roundhill AVGO WeeklyPay™ ETF (AVGW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOW achieves a 13.56% return, which is significantly higher than AVGW's 11.29% return.

GOOW

• 1D: 7.98%
• 1M: -1.82%
• 6M: 3.91%
• YTD: 13.56%
• 1Y: 103.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 92.03%

AVGW

• 1D: 0.15%
• 1M: 8.69%
• 6M: 17.62%
• YTD: 11.29%
• 1Y: 34.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 33.37%

*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)
AVGW Roundhill AVGO WeeklyPay™ ETF	$694.73K	$793.72K	$1.36M
GOOW Roundhill GOOGL WeeklyPay™ ETF	$1.99M	$1.77M	$2.25M

GOOW vs. AVGW - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	13.56%	71.16%
AVGW Roundhill AVGO WeeklyPay™ ETF	11.29%	20.48%

Correlation

The correlation between GOOW and AVGW is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.35

GOOW vs. AVGW - Sectors Allocation Comparison

Sectors	GOOW	AVGW
Communication Services	100.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	21.8%
Utilities	-	-

Return for Risk

GOOW vs. AVGW — Risk / Return Rank

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

GOOW

GOOW Risk / Return Rank: 90
GOOW Sharpe Ratio Rank: 94
GOOW Sortino Ratio Rank: 92
GOOW Omega Ratio Rank: 90
GOOW Calmar Ratio Rank: 91
GOOW Martin Ratio Rank: 82

AVGW

AVGW Risk / Return Rank: 28
AVGW Sharpe Ratio Rank: 25
AVGW Sortino Ratio Rank: 30
AVGW Omega Ratio Rank: 30
AVGW Calmar Ratio Rank: 28
AVGW Martin Ratio Rank: 24

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.

GOOW vs. AVGW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Roundhill AVGO WeeklyPay™ ETF (AVGW). 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.

	GOOW	AVGW	Difference
Sharpe ratio: Return per unit of total volatility	2.54	0.57	+1.97
Sortino ratio: Return per unit of downside risk	3.43	1.16	+2.27
Omega ratio: Gain probability vs. loss probability	1.42	1.14	+0.27
Calmar ratio: Return relative to maximum drawdown	3.95	0.94	+3.01
Martin ratio: Return relative to average drawdown	10.85	1.85	+9.00

GOOW vs. AVGW - Sharpe Ratio Comparison

The current GOOW Sharpe Ratio is 2.54, which is higher than the AVGW Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of GOOW and AVGW, 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

GOOW vs. AVGW - Drawdown Comparison

The maximum GOOW drawdown since its inception was -25.44%, smaller than the maximum AVGW drawdown of -34.65%. Use the drawdown chart below to compare losses from any high point for GOOW and AVGW.

Drawdown Indicators

	GOOW	AVGW	Difference
Max Drawdown Largest peak-to-trough decline	-25.44%	-34.65%	+9.21%
Max Drawdown (1Y) Largest decline over 1 year	-25.44%	-34.65%	+9.21%
Current Drawdown Current decline from peak	-14.60%	-23.70%	+9.10%
Average Drawdown Average peak-to-trough decline	-6.41%	-14.04%	+7.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.24%	17.49%	-8.25%

Volatility

GOOW vs. AVGW - Volatility Comparison

Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Roundhill AVGO WeeklyPay™ ETF (AVGW) have volatilities of 15.50% and 15.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOW	AVGW	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.50%	15.46%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	30.46%	41.21%	-10.75%
Volatility (1Y) Calculated over the trailing 1-year period	39.64%	57.08%	-17.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.39%	56.59%	-17.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.39%	56.59%	-17.20%

GOOW vs. AVGW - Expense Ratio Comparison

Both GOOW and AVGW have an expense ratio of 0.99%.

Dividends

GOOW vs. AVGW - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 42.80%, less than AVGW's 70.12% yield.

Position	TTM	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	70.12%	31.15%
GOOW Roundhill GOOGL WeeklyPay™ ETF	42.80%	19.77%

Frequently Asked Questions

Can I hold both GOOW and AVGW in my portfolio?

GOOW and AVGW have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOW or AVGW?

GOOW has higher volatility (15.50%) compared to AVGW (15.46%). In terms of maximum drawdown, GOOW dropped -25.44% vs AVGW's -34.65%.

Which ETF is better, GOOW or AVGW?

On 1-year performance, GOOW leads with 103.29% vs 34.76% for AVGW. Both ETFs have the same 0.99% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOW or AVGW?

Over the 1-year period, GOOW has performed better with a 103.29% return vs 34.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOW or AVGW?

GOOW and AVGW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, GOOW or AVGW?

AVGW has the higher dividend yield at 70.12%, compared with 42.80% for GOOW.

Which has better risk-adjusted returns?

GOOW currently has the higher Sharpe Ratio (2.54 vs 0.57), 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.