JOYT vs. AMDW

Last updated Jun 25, 2026

JOYT (JPMorgan Equity And Options Total Return ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. JOYT charges 0.35%/yr vs 0.99%/yr for AMDW.

Performance

JOYT vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity And Options Total Return ETF (JOYT) 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, JOYT achieves a 3.36% return, which is significantly lower than AMDW's 175.60% return.

JOYT

• 1D: -0.42%
• 1M: -0.25%
• YTD: 3.36%
• 6M: 2.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -0.15%
• 1M: 12.41%
• YTD: 175.60%
• 6M: 173.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JOYT vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
JOYT JPMorgan Equity And Options Total Return ETF	3.36%	9.15%
AMDW Roundhill AMD WeeklyPay ETF	175.60%	21.93%

Correlation

The correlation between JOYT and AMDW is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 19, 2025	0.52

JOYT vs. AMDW - Sectors Allocation Comparison

Sectors	JOYT	AMDW
Technology	35.9%	27.8%
Financial Services	11.6%	-
Communication Services	9.5%	-
Consumer Cyclical	9.0%	-
Healthcare	7.9%	-
Industrials	6.3%	-
Consumer Defensive	4.4%	-
Energy	3.2%	-
Utilities	3.0%	-
Real Estate	1.5%	-
Basic Materials	0.9%	-

Return for Risk

JOYT vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity And Options Total Return ETF (JOYT) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

JOYT vs. AMDW - Drawdown Comparison

The maximum JOYT drawdown since its inception was -6.99%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for JOYT and AMDW.

Drawdown Indicators

	JOYT	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-6.99%	-34.64%	+27.65%
Current Drawdown Current decline from peak	-1.88%	-7.34%	+5.46%
Average Drawdown Average peak-to-trough decline	-0.89%	-14.22%	+13.33%

Volatility

Volatility by Period

	JOYT	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.80%	83.24%	-73.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.80%	83.24%	-73.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.80%	83.24%	-73.44%

JOYT vs. AMDW - Expense Ratio Comparison

JOYT has a 0.35% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

JOYT vs. AMDW - Dividend Comparison

JOYT's dividend yield for the trailing twelve months is around 0.64%, less than AMDW's 37.19% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	37.19%	34.78%
JOYT JPMorgan Equity And Options Total Return ETF	0.64%	0.28%

Frequently Asked Questions

Can I hold both JOYT and AMDW in my portfolio?

JOYT and AMDW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JOYT or AMDW?

On fees, JOYT is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JOYT or AMDW?

JOYT is cheaper with a 0.35% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 37.19%, compared with 0.64% for JOYT.

What is the main difference between JOYT and AMDW?

They also come from different issuers: JPMorgan and Roundhill. Their fees differ too: 0.35% for JOYT and 0.99% for AMDW.