OMAH vs. AMDW

Last updated Jun 4, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.06 correlation, their price movements are largely independent. OMAH charges 0.95%/yr vs 0.99%/yr for AMDW.

Performance

OMAH vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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, OMAH achieves a 4.56% return, which is significantly lower than AMDW's 192.40% return.

OMAH

• 1D: -0.70%
• 1M: 0.44%
• YTD: 4.56%
• 6M: 4.00%
• 1Y: 11.44%
• 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)

OMAH vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	4.56%	2.79%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%

Correlation

The correlation between OMAH and AMDW is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.06

OMAH vs. AMDW - Sectors Allocation Comparison

Sectors	OMAH	AMDW
Financial Services	38.9%	-
Consumer Defensive	16.2%	-
Technology	13.6%	28.6%
Energy	10.5%	-
Communication Services	9.8%	-
Healthcare	7.0%	-
Consumer Cyclical	4.1%	-
Basic Materials	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

OMAH vs. AMDW — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 49
OMAH Sharpe Ratio Rank: 39
OMAH Sortino Ratio Rank: 38
OMAH Omega Ratio Rank: 37
OMAH Calmar Ratio Rank: 75
OMAH 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.

OMAH vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) 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.

	OMAH	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	1.43	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	3.82	—	—
Martin ratio: Return relative to average drawdown	9.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OMAH	AMDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	4.83	-4.13

Drawdowns

OMAH vs. AMDW - Drawdown Comparison

The maximum OMAH drawdown since its inception was -11.83%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for OMAH and AMDW.

Drawdown Indicators

	OMAH	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-11.83%	-34.64%	+22.81%
Max Drawdown (1Y) Largest decline over 1 year	-3.00%	—	—
Current Drawdown Current decline from peak	-2.65%	0.00%	-2.65%
Average Drawdown Average peak-to-trough decline	-1.26%	-14.66%	+13.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	—	—

Volatility

Volatility by Period

	OMAH	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.05%	81.56%	-73.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.21%	81.56%	-68.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.21%	81.56%	-68.35%

OMAH vs. AMDW - Expense Ratio Comparison

OMAH has a 0.95% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

OMAH vs. AMDW - Dividend Comparison

OMAH's dividend yield for the trailing twelve months is around 15.44%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	15.44%	12.86%

Frequently Asked Questions

Can I hold both OMAH and AMDW in my portfolio?

OMAH and AMDW have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OMAH or AMDW?

On fees, OMAH is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OMAH or AMDW?

OMAH is cheaper with a 0.95% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 15.44% for OMAH.

What is the main difference between OMAH and AMDW?

They also come from different issuers: VistaShares and Roundhill. Their fees differ too: 0.95% for OMAH and 0.99% for AMDW.