OMAH vs. AMDW

Last updated Aug 5, 2026

OMAH (VistaShares Target 15™ Berkshire Select Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Over the past year, OMAH returned 16.89% vs 234.24% for AMDW. Their -0.05 correlation means they have often moved in opposite directions in the past. 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 10.88% return, which is significantly lower than AMDW's 175.61% return.

OMAH

• 1D: 0.37%
• 1M: 2.11%
• 6M: 10.79%
• YTD: 10.88%
• 1Y: 16.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.50%

AMDW

• 1D: 9.85%
• 1M: 0.38%
• 6M: 139.25%
• YTD: 175.61%
• 1Y: 234.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 262.37%

*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	$10.30M	$9.38M	$8.59M
OMAH VistaShares Target 15™ Berkshire Select Income ETF	$20.61M	$17.47M	$16.72M

OMAH vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
OMAH VistaShares Target 15™ Berkshire Select Income ETF	10.88%	2.74%
AMDW Roundhill AMD WeeklyPay ETF	175.61%	36.56%

Correlation

The correlation between OMAH and AMDW is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	-0.05

OMAH vs. AMDW - Sectors Allocation Comparison

Sectors	OMAH	AMDW
Financial Services	39.1%	-
Communication Services	19.1%	-
Consumer Defensive	12.7%	-
Technology	10.5%	19.3%
Energy	7.7%	-
Industrials	5.9%	-
Healthcare	5.0%	-
Consumer Cyclical	4.1%	-
Basic Materials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

OMAH vs. AMDW — Risk / Return Rank

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

OMAH

OMAH Risk / Return Rank: 83
OMAH Sharpe Ratio Rank: 80
OMAH Sortino Ratio Rank: 79
OMAH Omega Ratio Rank: 77
OMAH Calmar Ratio Rank: 95
OMAH Martin Ratio Rank: 86

AMDW

AMDW Risk / Return Rank: 89
AMDW Sharpe Ratio Rank: 94
AMDW Sortino Ratio Rank: 86
AMDW Omega Ratio Rank: 83
AMDW Calmar Ratio Rank: 96
AMDW Martin Ratio Rank: 85

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.

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.

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.

	OMAH	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.74	-0.71
Sortino ratio: Return per unit of downside risk	2.86	3.15	-0.29
Omega ratio: Gain probability vs. loss probability	1.36	1.39	-0.03
Calmar ratio: Return relative to maximum drawdown	5.76	6.81	-1.05
Martin ratio: Return relative to average drawdown	13.81	13.34	+0.47

OMAH vs. AMDW - Sharpe Ratio Comparison

The current OMAH Sharpe Ratio is 2.03, which is comparable to the AMDW Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of OMAH and AMDW, 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

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	-2.95%	-34.64%	+31.69%
Current Drawdown Current decline from peak	0.00%	-12.20%	+12.20%
Average Drawdown Average peak-to-trough decline	-1.22%	-13.98%	+12.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	17.65%	-16.42%

Volatility

OMAH vs. AMDW - Volatility Comparison

The current volatility for VistaShares Target 15™ Berkshire Select Income ETF (OMAH) is 3.01%, while Roundhill AMD WeeklyPay ETF (AMDW) has a volatility of 29.22%. This indicates that OMAH experiences smaller price fluctuations and is considered to be less risky than AMDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OMAH	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	29.22%	-26.21%
Volatility (6M) Calculated over the trailing 6-month period	5.91%	67.41%	-61.50%
Volatility (1Y) Calculated over the trailing 1-year period	8.35%	86.09%	-77.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.82%	85.21%	-72.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.82%	85.21%	-72.39%

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 14.83%, less than AMDW's 49.89% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	49.89%	34.78%
OMAH VistaShares Target 15™ Berkshire Select Income ETF	14.83%	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 is riskier, OMAH or AMDW?

AMDW has higher volatility (29.22%) compared to OMAH (3.01%). In terms of maximum drawdown, OMAH dropped -11.83% vs AMDW's -34.64%.

Which ETF is better, OMAH or AMDW?

On 1-year performance, AMDW leads with 234.24% vs 16.89% for OMAH. On fees, OMAH is cheaper at 0.95% per year. On volatility, OMAH has been the lower-risk option at 3.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OMAH or AMDW?

Over the 1-year period, AMDW has performed better with a 234.24% return vs 16.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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 49.89%, compared with 14.83% 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.

Which has better risk-adjusted returns?

AMDW currently has the higher Sharpe Ratio (2.74 vs 2.03), 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.