SCA vs. AMDW

Last updated Jul 4, 2026

SCA (GraniteShares Autocallable SMCI ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.50 correlation, their price movements are largely independent. SCA charges 1.07%/yr vs 0.99%/yr for AMDW.

Performance

SCA vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Autocallable SMCI ETF (SCA) and Roundhill AMD WeeklyPay ETF (AMDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCA

• 1D: -0.88%
• 1M: -19.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -5.13%
• 1M: -6.10%
• 6M: 161.25%
• YTD: 174.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCA vs. AMDW - Yearly Performance Comparison

	2026 (YTD)
SCA GraniteShares Autocallable SMCI ETF	-15.79%
AMDW Roundhill AMD WeeklyPay ETF	2.86%

Correlation

The correlation between SCA and AMDW is 0.50, 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 May 27, 2026	0.50

Return for Risk

SCA vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable SMCI ETF (SCA) 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.

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

Drawdowns

SCA vs. AMDW - Drawdown Comparison

The maximum SCA drawdown since its inception was -20.09%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for SCA and AMDW.

Drawdown Indicators

	SCA	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-20.09%	-34.64%	+14.55%
Current Drawdown Current decline from peak	-20.09%	-12.53%	-7.56%
Average Drawdown Average peak-to-trough decline	-9.48%	-14.01%	+4.53%

Volatility

Volatility by Period

	SCA	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.51%	83.51%	-34.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.51%	83.51%	-34.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.51%	83.51%	-34.00%

SCA vs. AMDW - Expense Ratio Comparison

SCA has a 1.07% expense ratio, which is higher than AMDW's 0.99% expense ratio.

Dividends

SCA vs. AMDW - Dividend Comparison

SCA's dividend yield for the trailing twelve months is around 8.21%, less than AMDW's 39.85% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	39.85%	34.78%
SCA GraniteShares Autocallable SMCI ETF	8.21%	0.00%

Frequently Asked Questions

Can I hold both SCA and AMDW in my portfolio?

SCA and AMDW have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCA or AMDW?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCA or AMDW?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.07% for SCA.

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

AMDW has the higher dividend yield at 39.85%, compared with 8.21% for SCA.

What is the main difference between SCA and AMDW?

They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for SCA and 0.99% for AMDW.