IDVO vs. AMDW

Last updated Aug 2, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Over the past year, IDVO returned 35.30% vs 209.29% for AMDW. Their 0.53 correlation means they have sometimes moved together and sometimes differently. IDVO charges 0.65%/yr vs 0.99%/yr for AMDW.

Performance

IDVO vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP International Enhanced Dividend Income ETF (IDVO) 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, IDVO achieves a 15.27% return, which is significantly lower than AMDW's 146.74% return.

IDVO

• 1D: -0.12%
• 1M: 2.62%
• 6M: 5.05%
• YTD: 15.27%
• 1Y: 35.30%
• 3Y*: 21.67%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.98%

AMDW

• 1D: -2.02%
• 1M: -10.13%
• 6M: 119.90%
• YTD: 146.74%
• 1Y: 209.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 229.60%

*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)
AMDW Roundhill AMD WeeklyPay ETF	$10.26M	$9.58M	$8.51M
IDVO Amplify CWP International Enhanced Dividend Income ETF	$9.04M	$8.69M	$10.70M

IDVO vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
IDVO Amplify CWP International Enhanced Dividend Income ETF	15.27%	13.63%
AMDW Roundhill AMD WeeklyPay ETF	146.74%	36.56%

Correlation

The correlation between IDVO and AMDW is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.54
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.53

The correlation between IDVO and AMDW has been stable across timeframes, ranging from 0.53 to 0.54 - a consistent structural relationship.

IDVO vs. AMDW - Sectors Allocation Comparison

Sectors	IDVO	AMDW
Financial Services	22.3%	-
Basic Materials	13.2%	-
Energy	12.7%	-
Technology	11.9%	19.3%
Communication Services	10.7%	-
Consumer Defensive	9.5%	-
Healthcare	7.5%	-
Industrials	6.9%	-
Utilities	3.1%	-
Consumer Cyclical	2.2%	-
Real Estate	-	-

Return for Risk

IDVO vs. AMDW — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 86
IDVO Sharpe Ratio Rank: 87
IDVO Sortino Ratio Rank: 85
IDVO Omega Ratio Rank: 86
IDVO Calmar Ratio Rank: 86
IDVO Martin Ratio Rank: 86

AMDW

AMDW Risk / Return Rank: 88
AMDW Sharpe Ratio Rank: 92
AMDW Sortino Ratio Rank: 87
AMDW Omega Ratio Rank: 84
AMDW Calmar Ratio Rank: 96
AMDW Martin Ratio Rank: 84

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.

IDVO vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) 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.

	IDVO	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.36	-0.30
Sortino ratio: Return per unit of downside risk	2.78	2.92	-0.14
Omega ratio: Gain probability vs. loss probability	1.37	1.36	+0.01
Calmar ratio: Return relative to maximum drawdown	3.32	5.83	-2.52
Martin ratio: Return relative to average drawdown	12.24	11.47	+0.77

IDVO vs. AMDW - Sharpe Ratio Comparison

The current IDVO Sharpe Ratio is 2.06, which is comparable to the AMDW Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of IDVO and AMDW, 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

IDVO vs. AMDW - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for IDVO and AMDW.

Drawdown Indicators

	IDVO	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-34.64%	+19.18%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-34.64%	+24.27%
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	—	—
Current Drawdown Current decline from peak	-0.26%	-21.39%	+21.13%
Average Drawdown Average peak-to-trough decline	-2.29%	-13.97%	+11.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	17.59%	-14.78%

Volatility

IDVO vs. AMDW - Volatility Comparison

The current volatility for Amplify CWP International Enhanced Dividend Income ETF (IDVO) is 4.34%, while Roundhill AMD WeeklyPay ETF (AMDW) has a volatility of 28.87%. This indicates that IDVO experiences smaller price fluctuations and is considered to be less risky than AMDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVO	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	28.87%	-24.53%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	67.40%	-53.32%
Volatility (1Y) Calculated over the trailing 1-year period	16.69%	85.70%	-69.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	85.05%	-68.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	85.05%	-68.62%

IDVO vs. AMDW - Expense Ratio Comparison

IDVO has a 0.65% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

IDVO vs. AMDW - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.66%, less than AMDW's 53.42% yield.

Position	TTM	2025	2024	2023	2022
AMDW Roundhill AMD WeeklyPay ETF	53.42%	34.78%	0.00%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.66%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both IDVO and AMDW in my portfolio?

IDVO and AMDW have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDVO or AMDW?

AMDW has higher volatility (28.87%) compared to IDVO (4.34%). In terms of maximum drawdown, IDVO dropped -15.46% vs AMDW's -34.64%.

Which ETF is better, IDVO or AMDW?

On 1-year performance, AMDW leads with 209.29% vs 35.30% for IDVO. On fees, IDVO is cheaper at 0.65% per year. On volatility, IDVO has been the lower-risk option at 4.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDVO or AMDW?

Over the 1-year period, AMDW has performed better with a 209.29% return vs 35.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDVO or AMDW?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 53.42%, compared with 5.66% for IDVO.

What is the main difference between IDVO and AMDW?

They also come from different issuers: Amplify and Roundhill. Their fees differ too: 0.65% for IDVO and 0.99% for AMDW.

Which has better risk-adjusted returns?

AMDW currently has the higher Sharpe Ratio (2.36 vs 2.06), 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.