SOLM vs. AMDW

Last updated Jun 4, 2026

SOLM (Amplify Solana 3% Monthly Option Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.39 correlation, their price movements are largely independent. SOLM charges 0.75%/yr vs 0.99%/yr for AMDW.

Performance

SOLM vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Solana 3% Monthly Option Income ETF (SOLM) 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, SOLM achieves a -45.35% return, which is significantly lower than AMDW's 192.40% return.

SOLM

• 1D: -5.48%
• 1M: -17.98%
• YTD: -45.35%
• 6M: -51.02%
• 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)

SOLM vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	-45.35%	-15.50%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	-18.24%

Correlation

The correlation between SOLM and AMDW is 0.39, 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 Nov 5, 2025	0.39

Return for Risk

SOLM vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) 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

	SOLM	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.14	4.83	-5.97

Drawdowns

SOLM vs. AMDW - Drawdown Comparison

The maximum SOLM drawdown since its inception was -57.72%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for SOLM and AMDW.

Drawdown Indicators

	SOLM	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-57.72%	-34.64%	-23.08%
Current Drawdown Current decline from peak	-57.72%	0.00%	-57.72%
Average Drawdown Average peak-to-trough decline	-35.34%	-14.66%	-20.68%

Volatility

Volatility by Period

	SOLM	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	65.43%	81.56%	-16.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.43%	81.56%	-16.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.43%	81.56%	-16.13%

SOLM vs. AMDW - Expense Ratio Comparison

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

Dividends

SOLM vs. AMDW - Dividend Comparison

SOLM's dividend yield for the trailing twelve months is around 35.68%, more than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
SOLM Amplify Solana 3% Monthly Option Income ETF	35.68%	6.44%

Frequently Asked Questions

Can I hold both SOLM and AMDW in my portfolio?

SOLM and AMDW have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLM or AMDW?

On fees, SOLM 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, SOLM or AMDW?

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

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

SOLM has the higher dividend yield at 35.68%, compared with 28.98% for AMDW.

What is the main difference between SOLM and AMDW?

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