KYLD vs. AMDW

Last updated Jun 4, 2026

KYLD (Kurv High Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. KYLD charges 1.00%/yr vs 0.99%/yr for AMDW.

Performance

KYLD vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv High Income ETF (KYLD) 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, KYLD achieves a 18.37% return, which is significantly lower than AMDW's 192.40% return.

KYLD

• 1D: 0.00%
• 1M: 10.94%
• YTD: 18.37%
• 6M: 13.94%
• 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)

KYLD vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
KYLD Kurv High Income ETF	18.37%	-10.91%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	-20.86%

Correlation

The correlation between KYLD and AMDW is 0.65, 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 Nov 3, 2025	0.65

Return for Risk

KYLD vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv High Income ETF (KYLD) 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

	KYLD	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	4.83	-4.54

Drawdowns

KYLD vs. AMDW - Drawdown Comparison

The maximum KYLD drawdown since its inception was -20.69%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for KYLD and AMDW.

Drawdown Indicators

	KYLD	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-20.69%	-34.64%	+13.95%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.57%	-14.66%	+6.09%

Volatility

Volatility by Period

	KYLD	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.84%	81.56%	-48.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.84%	81.56%	-48.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.84%	81.56%	-48.72%

KYLD vs. AMDW - Expense Ratio Comparison

KYLD has a 1.00% expense ratio, which is higher than AMDW's 0.99% expense ratio.

Dividends

KYLD vs. AMDW - Dividend Comparison

KYLD's dividend yield for the trailing twelve months is around 17.05%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
KYLD Kurv High Income ETF	17.05%	6.14%

Frequently Asked Questions

Can I hold both KYLD and AMDW in my portfolio?

KYLD and AMDW have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KYLD 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, KYLD or AMDW?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.00% for KYLD.

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

AMDW has the higher dividend yield at 28.98%, compared with 17.05% for KYLD.

What is the main difference between KYLD and AMDW?

They also come from different issuers: Kurv and Roundhill. Their fees differ too: 1.00% for KYLD and 0.99% for AMDW.