TSLP vs. AMDW

Last updated Jun 24, 2026

TSLP (Kurv Yield Premium Strategy Tesla 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. Both charge a 0.99% expense ratio.

Performance

TSLP vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Tesla ETF (TSLP) 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, TSLP achieves a -18.90% return, which is significantly lower than AMDW's 176.01% return.

TSLP

• 1D: -6.26%
• 1M: -11.44%
• YTD: -18.90%
• 6M: -24.71%
• 1Y: 1.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: -7.20%
• 1M: 12.58%
• YTD: 176.01%
• 6M: 174.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLP vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
TSLP Kurv Yield Premium Strategy Tesla ETF	-18.90%	30.76%
AMDW Roundhill AMD WeeklyPay ETF	176.01%	36.56%

Correlation

The correlation between TSLP 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 Jul 24, 2025	0.39

Return for Risk

TSLP vs. AMDW — Risk / Return Rank

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

TSLP

TSLP Risk / Return Rank: 9
TSLP Sharpe Ratio Rank: 9
TSLP Sortino Ratio Rank: 10
TSLP Omega Ratio Rank: 10
TSLP Calmar Ratio Rank: 9
TSLP Martin Ratio Rank: 9

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.

TSLP vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Tesla ETF (TSLP) 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.

	TSLP	AMDW	Difference
Sharpe ratio: Return per unit of total volatility	0.04	—	—
Sortino ratio: Return per unit of downside risk	0.34	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.05	—	—
Martin ratio: Return relative to average drawdown	0.11	—	—

Drawdowns

TSLP vs. AMDW - Drawdown Comparison

The maximum TSLP drawdown since its inception was -46.00%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for TSLP and AMDW.

Drawdown Indicators

	TSLP	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-46.00%	-34.64%	-11.36%
Max Drawdown (1Y) Largest decline over 1 year	-32.00%	—	—
Current Drawdown Current decline from peak	-25.09%	-7.20%	-17.89%
Average Drawdown Average peak-to-trough decline	-15.82%	-14.25%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.90%	—	—

Volatility

Volatility by Period

	TSLP	AMDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.02%	83.41%	-41.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.85%	83.41%	-34.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.85%	83.41%	-34.56%

TSLP vs. AMDW - Expense Ratio Comparison

Both TSLP and AMDW have an expense ratio of 0.99%.

Dividends

TSLP vs. AMDW - Dividend Comparison

TSLP's dividend yield for the trailing twelve months is around 31.21%, less than AMDW's 37.14% yield.

Position	TTM	2025	2024	2023
AMDW Roundhill AMD WeeklyPay ETF	37.14%	34.78%	0.00%	0.00%
TSLP Kurv Yield Premium Strategy Tesla ETF	31.21%	31.05%	21.82%	4.39%

Frequently Asked Questions

Can I hold both TSLP and AMDW in my portfolio?

TSLP 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, TSLP or AMDW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLP or AMDW?

TSLP and AMDW have the same expense ratio: 0.99% per year.

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

AMDW has the higher dividend yield at 37.14%, compared with 31.21% for TSLP.

What is the main difference between TSLP and AMDW?

They also come from different issuers: Kurv and Roundhill.