QDVO vs. AMDW

Last updated Jun 5, 2026

QDVO (Amplify CWP Growth & Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. QDVO charges 0.56%/yr vs 0.99%/yr for AMDW.

Performance

QDVO vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Growth & Income ETF (QDVO) 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, QDVO achieves a 9.91% return, which is significantly lower than AMDW's 181.57% return.

QDVO

• 1D: 0.10%
• 1M: 3.95%
• YTD: 9.91%
• 6M: 9.61%
• 1Y: 26.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -3.70%
• 1M: 58.72%
• YTD: 181.57%
• 6M: 177.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QDVO vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
QDVO Amplify CWP Growth & Income ETF	9.91%	8.42%
AMDW Roundhill AMD WeeklyPay ETF	181.57%	34.24%

Correlation

The correlation between QDVO and AMDW is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.59

QDVO vs. AMDW - Sectors Allocation Comparison

Sectors	QDVO	AMDW
Technology	50.6%	28.6%
Communication Services	16.8%	-
Consumer Cyclical	12.5%	-
Consumer Defensive	6.3%	-
Healthcare	4.6%	-
Financial Services	4.1%	-
Basic Materials	1.8%	-
Industrials	1.7%	-
Energy	0.8%	-
Utilities	0.7%	-
Real Estate	-	-

Return for Risk

QDVO vs. AMDW — Risk / Return Rank

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

QDVO

QDVO Risk / Return Rank: 63
QDVO Sharpe Ratio Rank: 68
QDVO Sortino Ratio Rank: 67
QDVO Omega Ratio Rank: 66
QDVO Calmar Ratio Rank: 54
QDVO Martin Ratio Rank: 60

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.

QDVO vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) 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.

	QDVO	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.62	—	—
Martin ratio: Return relative to average drawdown	10.64	—	—
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

	QDVO	AMDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	4.53	-3.12

Drawdowns

QDVO vs. AMDW - Drawdown Comparison

The maximum QDVO drawdown since its inception was -17.75%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for QDVO and AMDW.

Drawdown Indicators

	QDVO	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-34.64%	+16.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	—	—
Current Drawdown Current decline from peak	-0.84%	-3.70%	+2.86%
Average Drawdown Average peak-to-trough decline	-2.36%	-14.61%	+12.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	QDVO	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.21%	81.51%	-69.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	81.51%	-64.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	81.51%	-64.09%

QDVO vs. AMDW - Expense Ratio Comparison

QDVO has a 0.56% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

QDVO vs. AMDW - Dividend Comparison

QDVO's dividend yield for the trailing twelve months is around 10.11%, less than AMDW's 30.10% yield.

Position	TTM	2025	2024
AMDW Roundhill AMD WeeklyPay ETF	30.10%	34.78%	0.00%
QDVO Amplify CWP Growth & Income ETF	10.11%	9.92%	2.79%

Frequently Asked Questions

Can I hold both QDVO and AMDW in my portfolio?

QDVO and AMDW have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QDVO or AMDW?

On fees, QDVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDVO or AMDW?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 30.10%, compared with 10.11% for QDVO.

What is the main difference between QDVO and AMDW?

They also come from different issuers: Amplify and Roundhill. Their fees differ too: 0.56% for QDVO and 0.99% for AMDW.