NIHI vs. AMDW

Last updated Jul 24, 2026

NIHI (NEOS MSCI EAFE High Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. NIHI charges 0.68%/yr vs 0.99%/yr for AMDW.

Performance

NIHI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS MSCI EAFE High Income ETF (NIHI) 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, NIHI achieves a 6.45% return, which is significantly lower than AMDW's 187.31% return.

NIHI

• 1D: -1.13%
• 1M: 0.71%
• 6M: 3.62%
• YTD: 6.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

AMDW

• 1D: -2.42%
• 1M: 4.09%
• 6M: 135.75%
• YTD: 187.31%
• 1Y: 292.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
AMDW Roundhill AMD WeeklyPay ETF	$8.85M	$8.44M	$7.83M
NIHI NEOS MSCI EAFE High Income ETF	$1.80M	$2.07M	$2.34M

NIHI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
NIHI NEOS MSCI EAFE High Income ETF	6.45%	4.89%
AMDW Roundhill AMD WeeklyPay ETF	187.31%	37.10%

Correlation

The correlation between NIHI and AMDW is 0.46, 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 Sep 17, 2025	0.46

NIHI vs. AMDW - Sectors Allocation Comparison

Sectors	NIHI	AMDW
Financial Services	23.1%	-
Industrials	19.7%	-
Technology	12.6%	28.1%
Healthcare	9.8%	-
Consumer Cyclical	8.1%	-
Consumer Defensive	6.5%	-
Basic Materials	6.3%	-
Communication Services	4.3%	-
Utilities	3.5%	-
Energy	3.3%	-
Real Estate	2.8%	-

Return for Risk

NIHI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS MSCI EAFE High Income ETF (NIHI) 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

NIHI vs. AMDW - Drawdown Comparison

The maximum NIHI drawdown since its inception was -10.88%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for NIHI and AMDW.

Drawdown Indicators

	NIHI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-10.88%	-34.64%	+23.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.64%	—
Current Drawdown Current decline from peak	-1.88%	-8.47%	+6.59%
Average Drawdown Average peak-to-trough decline	-2.17%	-13.79%	+11.62%

Volatility

Volatility by Period

	NIHI	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.88%	83.34%	-68.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	83.34%	-68.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	83.34%	-68.46%

NIHI vs. AMDW - Expense Ratio Comparison

NIHI has a 0.68% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

NIHI vs. AMDW - Dividend Comparison

NIHI's dividend yield for the trailing twelve months is around 9.56%, less than AMDW's 44.63% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	44.63%	34.78%
NIHI NEOS MSCI EAFE High Income ETF	9.56%	3.44%

Frequently Asked Questions

Can I hold both NIHI and AMDW in my portfolio?

NIHI and AMDW have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NIHI or AMDW?

On fees, NIHI is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NIHI or AMDW?

NIHI is cheaper with a 0.68% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 44.63%, compared with 9.56% for NIHI.

What is the main difference between NIHI and AMDW?

They also come from different issuers: Neos and Roundhill. Their fees differ too: 0.68% for NIHI and 0.99% for AMDW.