ULTI vs. AMDW

Last updated Jun 23, 2026

ULTI (REX IncomeMax Option Strategy ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. ULTI charges 1.25%/yr vs 0.99%/yr for AMDW.

Performance

ULTI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX IncomeMax Option Strategy ETF (ULTI) 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, ULTI achieves a 24.94% return, which is significantly lower than AMDW's 197.43% return.

ULTI

• 1D: -2.51%
• 1M: -10.38%
• YTD: 24.94%
• 6M: 14.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDW

• 1D: 3.42%
• 1M: 21.31%
• YTD: 197.43%
• 6M: 195.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ULTI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
ULTI REX IncomeMax Option Strategy ETF	24.94%	-38.67%
AMDW Roundhill AMD WeeklyPay ETF	197.43%	-20.38%

Correlation

The correlation between ULTI and AMDW is 0.57, 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 Oct 31, 2025	0.57

Return for Risk

ULTI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX IncomeMax Option Strategy ETF (ULTI) 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.

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

Drawdowns

ULTI vs. AMDW - Drawdown Comparison

The maximum ULTI drawdown since its inception was -42.09%, which is greater than AMDW's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for ULTI and AMDW.

Drawdown Indicators

	ULTI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-42.09%	-34.64%	-7.45%
Current Drawdown Current decline from peak	-23.38%	0.00%	-23.38%
Average Drawdown Average peak-to-trough decline	-27.81%	-14.28%	-13.53%

Volatility

Volatility by Period

	ULTI	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.18%	83.18%	-21.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.18%	83.18%	-21.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.18%	83.18%	-21.00%

ULTI vs. AMDW - Expense Ratio Comparison

ULTI has a 1.25% expense ratio, which is higher than AMDW's 0.99% expense ratio.

Dividends

ULTI vs. AMDW - Dividend Comparison

ULTI's dividend yield for the trailing twelve months is around 55.32%, more than AMDW's 34.46% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	34.46%	34.78%
ULTI REX IncomeMax Option Strategy ETF	55.32%	14.96%

Frequently Asked Questions

Can I hold both ULTI and AMDW in my portfolio?

ULTI and AMDW have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ULTI or AMDW?

On fees, AMDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ULTI or AMDW?

AMDW is cheaper with a 0.99% expense ratio, compared with 1.25% for ULTI.

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

ULTI has the higher dividend yield at 55.32%, compared with 34.46% for AMDW.

What is the main difference between ULTI and AMDW?

They also come from different issuers: REX Shares and Roundhill. Their fees differ too: 1.25% for ULTI and 0.99% for AMDW.