TSYW vs. NVDW

Last updated Jul 11, 2026

TSYW (Roundhill Treasury Bond WeeklyPay ETF) and NVDW (Roundhill NVDA WeeklyPay ETF) are both exchange-traded funds - TSYW is a Leveraged Bonds fund actively managed by Roundhill, while NVDW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

TSYW vs. NVDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Treasury Bond WeeklyPay ETF (TSYW) and Roundhill NVDA WeeklyPay ETF (NVDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSYW achieves a -3.24% return, which is significantly lower than NVDW's 12.53% return.

TSYW

• 1D: -0.09%
• 1M: -1.54%
• 6M: -3.84%
• YTD: -3.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDW

• 1D: 4.65%
• 1M: 2.85%
• 6M: 14.12%
• YTD: 12.53%
• 1Y: 27.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSYW vs. NVDW - Yearly Performance Comparison

	2026 (YTD)	2025
TSYW Roundhill Treasury Bond WeeklyPay ETF	-3.24%	-3.37%
NVDW Roundhill NVDA WeeklyPay ETF	12.53%	-4.97%

Correlation

The correlation between TSYW and NVDW is 0.13, 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 13, 2025	0.13

Return for Risk

TSYW vs. NVDW — Risk / Return Rank

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

TSYW

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

NVDW

NVDW Risk / Return Rank: 24
NVDW Sharpe Ratio Rank: 22
NVDW Sortino Ratio Rank: 25
NVDW Omega Ratio Rank: 24
NVDW Calmar Ratio Rank: 27
NVDW Martin Ratio Rank: 23

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.

TSYW vs. NVDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Treasury Bond WeeklyPay ETF (TSYW) 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.

	TSYW	NVDW	Difference
Sharpe ratio: Return per unit of total volatility	—	0.66	—
Sortino ratio: Return per unit of downside risk	—	1.18	—
Omega ratio: Gain probability vs. loss probability	—	1.14	—
Calmar ratio: Return relative to maximum drawdown	—	1.10	—
Martin ratio: Return relative to average drawdown	—	2.38	—

Drawdowns

TSYW vs. NVDW - Drawdown Comparison

The maximum TSYW drawdown since its inception was -9.79%, smaller than the maximum NVDW drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for TSYW and NVDW.

Drawdown Indicators

	TSYW	NVDW	Difference
Max Drawdown Largest peak-to-trough decline	-9.79%	-25.54%	+15.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.54%	—
Current Drawdown Current decline from peak	-7.56%	-13.29%	+5.73%
Average Drawdown Average peak-to-trough decline	-4.29%	-8.96%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.78%	—

Volatility

Volatility by Period

	TSYW	NVDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.90%	42.53%	-31.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.90%	41.88%	-30.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.90%	41.88%	-30.98%

TSYW vs. NVDW - Expense Ratio Comparison

Both TSYW and NVDW have an expense ratio of 0.99%.

Dividends

TSYW vs. NVDW - Dividend Comparison

TSYW's dividend yield for the trailing twelve months is around 8.92%, less than NVDW's 59.90% yield.

Position	TTM	2025
NVDW Roundhill NVDA WeeklyPay ETF	59.90%	38.94%
TSYW Roundhill Treasury Bond WeeklyPay ETF	8.92%	1.63%

Frequently Asked Questions

Can I hold both TSYW and NVDW in my portfolio?

TSYW and NVDW have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSYW or NVDW?

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, TSYW or NVDW?

TSYW and NVDW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, TSYW or NVDW?

NVDW has the higher dividend yield at 59.90%, compared with 8.92% for TSYW.

What is the main difference between TSYW and NVDW?

TSYW is categorized as Leveraged Bonds, while NVDW is Derivative Income.