NFLW vs. AAPW

Last updated Jun 7, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and AAPW (AAPL WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

NFLW vs. AAPW - Performance Comparison

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

Returns By Period

In the year-to-date period, NFLW achieves a -16.08% return, which is significantly lower than AAPW's 14.22% return.

NFLW

• 1D: 0.79%
• 1M: -7.36%
• YTD: -16.08%
• 6M: -22.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAPW

• 1D: -1.27%
• 1M: 5.96%
• YTD: 14.22%
• 6M: 10.85%
• 1Y: 57.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLW vs. AAPW - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.08%	-29.02%
AAPW AAPL WeeklyPay™ ETF	14.22%	44.31%

Correlation

The correlation between NFLW and AAPW is 0.15, 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 Jun 20, 2025	0.15

NFLW vs. AAPW - Sectors Allocation Comparison

Sectors	NFLW	AAPW
Communication Services	25.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	19.9%
Utilities	-	-

Return for Risk

NFLW vs. AAPW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPW

AAPW Risk / Return Rank: 68
AAPW Sharpe Ratio Rank: 72
AAPW Sortino Ratio Rank: 71
AAPW Omega Ratio Rank: 68
AAPW Calmar Ratio Rank: 73
AAPW Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NFLW vs. AAPW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) and AAPL WeeklyPay™ ETF (AAPW). 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

	NFLW	AAPW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.04	0.52	-1.56

Drawdowns

NFLW vs. AAPW - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, which is greater than AAPW's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for NFLW and AAPW.

Drawdown Indicators

	NFLW	AAPW	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-36.28%	-14.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.36%	—
Current Drawdown Current decline from peak	-46.56%	-2.69%	-43.87%
Average Drawdown Average peak-to-trough decline	-27.01%	-11.12%	-15.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.91%	—

Volatility

Volatility by Period

	NFLW	AAPW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.56%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.19%	27.59%	+12.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.19%	34.63%	+5.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.19%	34.63%	+5.56%

NFLW vs. AAPW - Expense Ratio Comparison

Both NFLW and AAPW have an expense ratio of 0.99%.

Dividends

NFLW vs. AAPW - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 72.63%, more than AAPW's 31.64% yield.

Position	TTM	2025
AAPW AAPL WeeklyPay™ ETF	31.64%	28.83%
NFLW Roundhill NFLX WeeklyPay ETF	72.63%	38.89%

Frequently Asked Questions

Can I hold both NFLW and AAPW in my portfolio?

NFLW and AAPW have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLW or AAPW?

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, NFLW or AAPW?

NFLW and AAPW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, NFLW or AAPW?

NFLW has the higher dividend yield at 72.63%, compared with 31.64% for AAPW.