TSLW vs. NVDW
TSLW (Roundhill TSLA WeeklyPay™ ETF) and NVDW (Roundhill NVDA WeeklyPay ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, TSLW returned 4.70% vs 40.81% for NVDW. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
TSLW vs. NVDW - Performance Comparison
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Returns By Period
In the year-to-date period, TSLW achieves a -20.26% return, which is significantly lower than NVDW's 6.30% return.
TSLW
- 1D
- -7.13%
- 1M
- -12.88%
- YTD
- -20.26%
- 6M
- -27.32%
- 1Y
- 4.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDW
- 1D
- -4.59%
- 1M
- -8.60%
- YTD
- 6.30%
- 6M
- 4.41%
- 1Y
- 40.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. NVDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -20.26% | 35.28% |
NVDW Roundhill NVDA WeeklyPay ETF | 6.30% | 33.44% |
Correlation
The correlation between TSLW and NVDW is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.37 |
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Return for Risk
TSLW vs. NVDW — Risk / Return Rank
TSLW
NVDW
TSLW vs. NVDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and Roundhill NVDA WeeklyPay ETF (NVDW). 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.
| TSLW | NVDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 1.61 | -1.47 |
| Martin ratioReturn relative to average drawdown | 0.29 | 3.72 | -3.43 |
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Drawdowns
TSLW vs. NVDW - Drawdown Comparison
The maximum TSLW drawdown since its inception was -35.80%, which is greater than NVDW's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for TSLW and NVDW.
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Drawdown Indicators
| TSLW | NVDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -25.54% | -10.26% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | -25.54% | -10.26% |
Current DrawdownCurrent decline from peak | -28.14% | -18.09% | -10.05% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -8.50% | -4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.51% | 11.01% | +5.50% |
Volatility
TSLW vs. NVDW - Volatility Comparison
Roundhill TSLA WeeklyPay™ ETF (TSLW) has a higher volatility of 17.21% compared to Roundhill NVDA WeeklyPay ETF (NVDW) at 15.16%. This indicates that TSLW's price experiences larger fluctuations and is considered to be riskier than NVDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLW | NVDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.21% | 15.16% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 34.09% | 32.09% | +2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.51% | 42.50% | +11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.04% | 42.02% | +14.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.04% | 42.02% | +14.02% |
TSLW vs. NVDW - Expense Ratio Comparison
Both TSLW and NVDW have an expense ratio of 0.99%.
Dividends
TSLW vs. NVDW - Dividend Comparison
TSLW's dividend yield for the trailing twelve months is around 96.06%, more than NVDW's 63.83% yield.
| Position | TTM | 2025 |
|---|---|---|
NVDW Roundhill NVDA WeeklyPay ETF | 63.83% | 38.94% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 96.06% | 49.31% |
Frequently Asked Questions
TSLW and NVDW have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLW has higher volatility (17.21%) compared to NVDW (15.16%). In terms of maximum drawdown, TSLW dropped -35.80% vs NVDW's -25.54%.
On 1-year performance, NVDW leads with 40.81% vs 4.70% for TSLW. Both ETFs have the same 0.99% expense ratio. On volatility, NVDW has been the lower-risk option at 15.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NVDW has performed better with a 40.81% return vs 4.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TSLW and NVDW have the same expense ratio: 0.99% per year.
TSLW has the higher dividend yield at 96.06%, compared with 63.83% for NVDW.
NVDW currently has the higher Sharpe Ratio (0.96 vs 0.09), 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.
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