MAGO vs. AMDW

Last updated Jun 4, 2026

MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

MAGO vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) 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, MAGO achieves a 3.00% return, which is significantly lower than AMDW's 192.40% return.

MAGO

• 1D: -1.35%
• 1M: 2.78%
• YTD: 3.00%
• 6M: —
• 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)

MAGO vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	3.00%	-0.60%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	-0.63%

Correlation

The correlation between MAGO and AMDW is 0.43, 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 Dec 31, 2025	0.43

Return for Risk

MAGO vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) 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

	MAGO	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	4.83	-4.57

Drawdowns

MAGO vs. AMDW - Drawdown Comparison

The maximum MAGO drawdown since its inception was -17.98%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for MAGO and AMDW.

Drawdown Indicators

	MAGO	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-17.98%	-34.64%	+16.66%
Current Drawdown Current decline from peak	-4.03%	0.00%	-4.03%
Average Drawdown Average peak-to-trough decline	-5.18%	-14.66%	+9.48%

Volatility

Volatility by Period

	MAGO	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.57%	81.56%	-58.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.57%	81.56%	-58.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.57%	81.56%	-58.99%

MAGO vs. AMDW - Expense Ratio Comparison

Both MAGO and AMDW have an expense ratio of 0.99%.

Dividends

MAGO vs. AMDW - Dividend Comparison

MAGO's dividend yield for the trailing twelve months is around 6.39%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	6.39%	0.00%

Frequently Asked Questions

Can I hold both MAGO and AMDW in my portfolio?

MAGO and AMDW have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGO or AMDW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGO or AMDW?

MAGO and AMDW have the same expense ratio: 0.99% per year.

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

AMDW has the higher dividend yield at 28.98%, compared with 6.39% for MAGO.

What is the main difference between MAGO and AMDW?

They also come from different issuers: Tuttle and Roundhill.