HOYY vs. AMDW

Last updated Jun 4, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. HOYY charges 1.07%/yr vs 0.99%/yr for AMDW.

Performance

HOYY vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HOOD ETF (HOYY) 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, HOYY achieves a -29.50% return, which is significantly lower than AMDW's 192.40% return.

HOYY

• 1D: -0.42%
• 1M: 0.36%
• YTD: -29.50%
• 6M: -37.69%
• 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)

HOYY vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-29.50%	-24.36%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	35.92%

Correlation

The correlation between HOYY and AMDW is 0.46, 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 Oct 1, 2025	0.46

Return for Risk

HOYY vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) 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

	HOYY	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.65	4.83	-6.48

Drawdowns

HOYY vs. AMDW - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.54%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for HOYY and AMDW.

Drawdown Indicators

	HOYY	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-34.64%	-16.90%
Current Drawdown Current decline from peak	-49.50%	0.00%	-49.50%
Average Drawdown Average peak-to-trough decline	-32.56%	-14.66%	-17.90%

Volatility

Volatility by Period

	HOYY	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	37.03%	81.56%	-44.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.03%	81.56%	-44.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.03%	81.56%	-44.53%

HOYY vs. AMDW - Expense Ratio Comparison

HOYY has a 1.07% expense ratio, which is higher than AMDW's 0.99% expense ratio.

Dividends

HOYY vs. AMDW - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 187.33%, more than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
HOYY GraniteShares YieldBOOST HOOD ETF	187.33%	50.51%

Frequently Asked Questions

Can I hold both HOYY and AMDW in my portfolio?

HOYY and AMDW have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOYY or AMDW?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOYY or AMDW?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.07% for HOYY.

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

HOYY has the higher dividend yield at 187.33%, compared with 28.98% for AMDW.

What is the main difference between HOYY and AMDW?

They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for HOYY and 0.99% for AMDW.