SEPI vs. AMDW

Last updated Jun 4, 2026

SEPI (Shelton Equity Premium Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. SEPI charges 0.54%/yr vs 0.99%/yr for AMDW.

Performance

SEPI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Equity Premium Income ETF (SEPI) 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, SEPI achieves a 11.13% return, which is significantly lower than AMDW's 192.40% return.

SEPI

• 1D: -0.35%
• 1M: 5.29%
• YTD: 11.13%
• 6M: 11.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SEPI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
SEPI Shelton Equity Premium Income ETF	11.13%	6.85%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	46.63%

Correlation

The correlation between SEPI and AMDW is 0.60, 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 Sep 9, 2025	0.60

Return for Risk

SEPI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Premium Income ETF (SEPI) 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.

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

Sharpe Ratios by Period

	SEPI	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.11	4.83	-2.72

Drawdowns

SEPI vs. AMDW - Drawdown Comparison

The maximum SEPI drawdown since its inception was -7.66%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for SEPI and AMDW.

Drawdown Indicators

	SEPI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-7.66%	-34.64%	+26.98%
Current Drawdown Current decline from peak	-0.35%	0.00%	-0.35%
Average Drawdown Average peak-to-trough decline	-1.45%	-14.66%	+13.21%

Volatility

Volatility by Period

	SEPI	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	81.56%	-69.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.53%	81.56%	-69.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.53%	81.56%	-69.03%

SEPI vs. AMDW - Expense Ratio Comparison

SEPI has a 0.54% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

SEPI vs. AMDW - Dividend Comparison

SEPI's dividend yield for the trailing twelve months is around 4.68%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
SEPI Shelton Equity Premium Income ETF	4.68%	1.37%

Frequently Asked Questions

Can I hold both SEPI and AMDW in my portfolio?

SEPI and AMDW have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEPI or AMDW?

On fees, SEPI is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEPI or AMDW?

SEPI is cheaper with a 0.54% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 4.68% for SEPI.

What is the main difference between SEPI and AMDW?

They also come from different issuers: Shelton and Roundhill. Their fees differ too: 0.54% for SEPI and 0.99% for AMDW.