RDVI vs. AMDW

Last updated Jun 25, 2026

RDVI (FT Cboe Vest Rising Dividend Achievers Target Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. RDVI is passively managed, while AMDW is actively managed. At a 0.41 correlation, their price movements are largely independent. RDVI charges 0.75%/yr vs 0.99%/yr for AMDW.

Performance

RDVI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) 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, RDVI achieves a 13.85% return, which is significantly lower than AMDW's 175.60% return.

RDVI

• 1D: 0.42%
• 1M: 5.10%
• YTD: 13.85%
• 6M: 12.01%
• 1Y: 27.86%
• 3Y*: 20.36%
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -0.15%
• 1M: 12.41%
• YTD: 175.60%
• 6M: 173.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RDVI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	13.85%	8.55%
AMDW Roundhill AMD WeeklyPay ETF	175.60%	36.56%

Correlation

The correlation between RDVI and AMDW is 0.41, 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 Jul 24, 2025	0.41

RDVI vs. AMDW - Sectors Allocation Comparison

Sectors	RDVI	AMDW
Financial Services	33.5%	-
Technology	26.9%	27.8%
Industrials	13.6%	-
Consumer Cyclical	10.9%	-
Communication Services	5.5%	-
Healthcare	3.9%	-
Consumer Defensive	3.4%	-
Energy	2.4%	-
Utilities	1.4%	-
Basic Materials	-	-
Real Estate	-	-

Return for Risk

RDVI vs. AMDW — Risk / Return Rank

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

RDVI

RDVI Risk / Return Rank: 73
RDVI Sharpe Ratio Rank: 71
RDVI Sortino Ratio Rank: 73
RDVI Omega Ratio Rank: 67
RDVI Calmar Ratio Rank: 73
RDVI Martin Ratio Rank: 80

AMDW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RDVI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) 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.

	RDVI	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.30	—	—
Martin ratio: Return relative to average drawdown	13.91	—	—

Drawdowns

RDVI vs. AMDW - Drawdown Comparison

The maximum RDVI drawdown since its inception was -18.35%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for RDVI and AMDW.

Drawdown Indicators

	RDVI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-18.35%	-34.64%	+16.29%
Max Drawdown (1Y) Largest decline over 1 year	-8.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.35%	—	—
Current Drawdown Current decline from peak	-0.86%	-7.34%	+6.48%
Average Drawdown Average peak-to-trough decline	-3.13%	-14.22%	+11.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	—	—

Volatility

Volatility by Period

	RDVI	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	83.24%	-69.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.95%	83.24%	-66.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	83.24%	-66.29%

RDVI vs. AMDW - Expense Ratio Comparison

RDVI has a 0.75% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

RDVI vs. AMDW - Dividend Comparison

RDVI's dividend yield for the trailing twelve months is around 7.63%, less than AMDW's 37.19% yield.

Position	TTM	2025	2024	2023	2022
AMDW Roundhill AMD WeeklyPay ETF	37.19%	34.78%	0.00%	0.00%	0.00%
RDVI FT Cboe Vest Rising Dividend Achievers Target Income ETF	7.63%	8.10%	8.62%	8.45%	1.53%

Frequently Asked Questions

Can I hold both RDVI and AMDW in my portfolio?

RDVI and AMDW have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RDVI or AMDW?

On fees, RDVI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RDVI or AMDW?

RDVI is cheaper with a 0.75% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 37.19%, compared with 7.63% for RDVI.

What is the main difference between RDVI and AMDW?

They also come from different issuers: FT Vest and Roundhill. Their fees differ too: 0.75% for RDVI and 0.99% for AMDW.