SBAR vs. AMDW

Last updated Aug 4, 2026

SBAR (Simplify Barrier Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Over the past year, SBAR returned 10.72% vs 214.50% for AMDW. Their 0.50 correlation means they have sometimes moved together and sometimes differently. SBAR charges 0.75%/yr vs 0.99%/yr for AMDW.

Performance

SBAR vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Barrier Income ETF (SBAR) 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, SBAR achieves a 4.15% return, which is significantly lower than AMDW's 150.89% return.

SBAR

• 1D: 0.47%
• 1M: 0.44%
• 6M: 3.24%
• YTD: 4.15%
• 1Y: 10.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.96%

AMDW

• 1D: 1.68%
• 1M: -8.62%
• 6M: 113.70%
• YTD: 150.89%
• 1Y: 214.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 231.82%

*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	$10.29M	$9.36M	$8.60M
SBAR Simplify Barrier Income ETF	$3.24M	$2.83M	$3.90M

SBAR vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	4.15%	5.45%
AMDW Roundhill AMD WeeklyPay ETF	150.89%	36.56%

Correlation

The correlation between SBAR and AMDW is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.50

The correlation between SBAR and AMDW has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.

SBAR vs. AMDW - Sectors Allocation Comparison

Sectors	SBAR	AMDW
Financial Services	84.0%	-
Technology	33.1%	19.3%
Communication Services	10.7%	-
Consumer Cyclical	10.1%	-
Healthcare	9.8%	-
Industrials	8.7%	-
Consumer Defensive	5.4%	-
Energy	3.5%	-
Utilities	2.5%	-
Real Estate	2.0%	-
Basic Materials	1.9%	-

Return for Risk

SBAR vs. AMDW — Risk / Return Rank

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

SBAR

SBAR Risk / Return Rank: 54
SBAR Sharpe Ratio Rank: 52
SBAR Sortino Ratio Rank: 54
SBAR Omega Ratio Rank: 47
SBAR Calmar Ratio Rank: 55
SBAR Martin Ratio Rank: 63

AMDW

AMDW Risk / Return Rank: 89
AMDW Sharpe Ratio Rank: 93
AMDW Sortino Ratio Rank: 87
AMDW Omega Ratio Rank: 83
AMDW Calmar Ratio Rank: 96
AMDW Martin Ratio Rank: 84

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.

SBAR vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) 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.

	SBAR	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	1.32	2.52	-1.20
Sortino ratio: Return per unit of downside risk	1.95	3.02	-1.07
Omega ratio: Gain probability vs. loss probability	1.23	1.37	-0.15
Calmar ratio: Return relative to maximum drawdown	2.02	6.23	-4.21
Martin ratio: Return relative to average drawdown	7.91	12.22	-4.31

SBAR vs. AMDW - Sharpe Ratio Comparison

The current SBAR Sharpe Ratio is 1.32, which is lower than the AMDW Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SBAR 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

SBAR vs. AMDW - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for SBAR and AMDW.

Drawdown Indicators

	SBAR	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-34.64%	+29.32%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	-34.64%	+29.32%
Current Drawdown Current decline from peak	-0.34%	-20.07%	+19.73%
Average Drawdown Average peak-to-trough decline	-0.90%	-13.99%	+13.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	17.63%	-16.27%

Volatility

SBAR vs. AMDW - Volatility Comparison

The current volatility for Simplify Barrier Income ETF (SBAR) is 2.89%, while Roundhill AMD WeeklyPay ETF (AMDW) has a volatility of 28.57%. This indicates that SBAR 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

	SBAR	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	28.57%	-25.68%
Volatility (6M) Calculated over the trailing 6-month period	6.36%	66.95%	-60.59%
Volatility (1Y) Calculated over the trailing 1-year period	8.17%	85.77%	-77.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.80%	84.89%	-75.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.80%	84.89%	-75.09%

SBAR vs. AMDW - Expense Ratio Comparison

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

Dividends

SBAR vs. AMDW - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.51%, less than AMDW's 55.51% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	55.51%	34.78%
SBAR Simplify Barrier Income ETF	12.51%	8.56%

Frequently Asked Questions

Can I hold both SBAR and AMDW in my portfolio?

SBAR and AMDW have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SBAR or AMDW?

AMDW has higher volatility (28.57%) compared to SBAR (2.89%). In terms of maximum drawdown, SBAR dropped -5.32% vs AMDW's -34.64%.

Which ETF is better, SBAR or AMDW?

On 1-year performance, AMDW leads with 214.50% vs 10.72% for SBAR. On fees, SBAR is cheaper at 0.75% per year. On volatility, SBAR has been the lower-risk option at 2.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SBAR or AMDW?

Over the 1-year period, AMDW has performed better with a 214.50% return vs 10.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SBAR or AMDW?

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

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

AMDW has the higher dividend yield at 55.51%, compared with 12.51% for SBAR.

What is the main difference between SBAR and AMDW?

They also come from different issuers: Simplify and Roundhill. Their fees differ too: 0.75% for SBAR and 0.99% for AMDW.

Which has better risk-adjusted returns?

AMDW currently has the higher Sharpe Ratio (2.52 vs 1.32), 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.