MSFW vs. AMZW

Last updated Aug 4, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and AMZW (Roundhill AMZN WeeklyPay ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, MSFW returned -11.69% vs 31.96% for AMZW. Their 0.40 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.

Performance

MSFW vs. AMZW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill AMZN WeeklyPay ETF (AMZW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFW achieves a -1.17% return, which is significantly lower than AMZW's 23.96% return.

MSFW

• 1D: 6.13%
• 1M: 29.95%
• 6M: 16.42%
• YTD: -1.17%
• 1Y: -11.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.65%

AMZW

• 1D: 5.03%
• 1M: 19.54%
• 6M: 17.05%
• YTD: 23.96%
• 1Y: 31.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.88%

*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)
AMZW Roundhill AMZN WeeklyPay ETF	$848.43K	$621.57K	$755.11K
MSFW Roundhill MSFT WeeklyPay™ ETF	$682.19K	$485.58K	$595.84K

MSFW vs. AMZW - Yearly Performance Comparison

	2026 (YTD)	2025
MSFW Roundhill MSFT WeeklyPay™ ETF	-1.17%	-7.80%
AMZW Roundhill AMZN WeeklyPay ETF	23.96%	-0.79%

Correlation

The correlation between MSFW and AMZW is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.40

MSFW vs. AMZW - Sectors Allocation Comparison

Sectors	MSFW	AMZW
Technology	22.3%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	20.0%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFW vs. AMZW — Risk / Return Rank

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

MSFW

MSFW Risk / Return Rank: 7
MSFW Sharpe Ratio Rank: 7
MSFW Sortino Ratio Rank: 7
MSFW Omega Ratio Rank: 7
MSFW Calmar Ratio Rank: 7
MSFW Martin Ratio Rank: 8

AMZW

AMZW Risk / Return Rank: 34
AMZW Sharpe Ratio Rank: 31
AMZW Sortino Ratio Rank: 38
AMZW Omega Ratio Rank: 35
AMZW Calmar Ratio Rank: 35
AMZW Martin Ratio Rank: 29

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.

MSFW vs. AMZW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill AMZN WeeklyPay ETF (AMZW). 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.

	MSFW	AMZW	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	0.77	-1.07
Sortino ratio: Return per unit of downside risk	-0.20	1.45	-1.65
Omega ratio: Gain probability vs. loss probability	0.98	1.17	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.28	1.20	-1.48
Martin ratio: Return relative to average drawdown	-0.49	2.51	-3.00

MSFW vs. AMZW - Sharpe Ratio Comparison

The current MSFW Sharpe Ratio is -0.30, which is lower than the AMZW Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of MSFW and AMZW, 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

MSFW vs. AMZW - Drawdown Comparison

The maximum MSFW drawdown since its inception was -41.85%, which is greater than AMZW's maximum drawdown of -26.79%. Use the drawdown chart below to compare losses from any high point for MSFW and AMZW.

Drawdown Indicators

	MSFW	AMZW	Difference
Max Drawdown Largest peak-to-trough decline	-41.85%	-26.79%	-15.06%
Max Drawdown (1Y) Largest decline over 1 year	-41.85%	-26.79%	-15.06%
Current Drawdown Current decline from peak	-14.54%	0.00%	-14.54%
Average Drawdown Average peak-to-trough decline	-19.91%	-9.70%	-10.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.81%	12.77%	+11.04%

Volatility

MSFW vs. AMZW - Volatility Comparison

Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill AMZN WeeklyPay ETF (AMZW) have volatilities of 19.19% and 20.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFW	AMZW	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.19%	20.06%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	32.17%	32.14%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	38.68%	41.77%	-3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.51%	41.18%	-2.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.51%	41.18%	-2.67%

MSFW vs. AMZW - Expense Ratio Comparison

Both MSFW and AMZW have an expense ratio of 0.99%.

Dividends

MSFW vs. AMZW - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 40.59%, more than AMZW's 39.09% yield.

Position	TTM	2025
AMZW Roundhill AMZN WeeklyPay ETF	39.09%	25.29%
MSFW Roundhill MSFT WeeklyPay™ ETF	40.59%	20.25%

Frequently Asked Questions

Can I hold both MSFW and AMZW in my portfolio?

MSFW and AMZW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFW or AMZW?

AMZW has higher volatility (20.06%) compared to MSFW (19.19%). In terms of maximum drawdown, MSFW dropped -41.85% vs AMZW's -26.79%.

Which ETF is better, MSFW or AMZW?

On 1-year performance, AMZW leads with 31.96% vs -11.69% for MSFW. Both ETFs have the same 0.99% expense ratio. On volatility, MSFW has been the lower-risk option at 19.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFW or AMZW?

Over the 1-year period, AMZW has performed better with a 31.96% return vs -11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFW or AMZW?

MSFW and AMZW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, MSFW or AMZW?

MSFW has the higher dividend yield at 40.59%, compared with 39.09% for AMZW.

Which has better risk-adjusted returns?

AMZW currently has the higher Sharpe Ratio (0.77 vs -0.30), 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.