XLVI vs. AMDW

Last updated Jun 4, 2026

XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) and AMDW (Roundhill AMD WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.08 correlation, their price movements are largely independent. XLVI charges 0.35%/yr vs 0.99%/yr for AMDW.

Performance

XLVI vs. AMDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) 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, XLVI achieves a -0.67% return, which is significantly lower than AMDW's 192.40% return.

XLVI

• 1D: 0.67%
• 1M: 2.30%
• YTD: -0.67%
• 6M: 0.76%
• 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)

XLVI vs. AMDW - Yearly Performance Comparison

	2026 (YTD)	2025
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	-0.67%	12.79%
AMDW Roundhill AMD WeeklyPay ETF	192.40%	19.12%

Correlation

The correlation between XLVI and AMDW is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.08

XLVI vs. AMDW - Sectors Allocation Comparison

Sectors	XLVI	AMDW
Financial Services	100.6%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	28.6%
Utilities	-	-

Return for Risk

XLVI vs. AMDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) 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

	XLVI	AMDW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	4.83	-3.50

Drawdowns

XLVI vs. AMDW - Drawdown Comparison

The maximum XLVI drawdown since its inception was -8.14%, smaller than the maximum AMDW drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for XLVI and AMDW.

Drawdown Indicators

	XLVI	AMDW	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-34.64%	+26.50%
Current Drawdown Current decline from peak	-4.02%	0.00%	-4.02%
Average Drawdown Average peak-to-trough decline	-1.95%	-14.66%	+12.71%

Volatility

Volatility by Period

	XLVI	AMDW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	81.56%	-70.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.94%	81.56%	-70.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.94%	81.56%	-70.62%

XLVI vs. AMDW - Expense Ratio Comparison

XLVI has a 0.35% expense ratio, which is lower than AMDW's 0.99% expense ratio.

Dividends

XLVI vs. AMDW - Dividend Comparison

XLVI's dividend yield for the trailing twelve months is around 11.53%, less than AMDW's 28.98% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	11.53%	5.73%

Frequently Asked Questions

Can I hold both XLVI and AMDW in my portfolio?

XLVI and AMDW have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLVI or AMDW?

On fees, XLVI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLVI or AMDW?

XLVI is cheaper with a 0.35% expense ratio, compared with 0.99% for AMDW.

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

AMDW has the higher dividend yield at 28.98%, compared with 11.53% for XLVI.

What is the main difference between XLVI and AMDW?

They also come from different issuers: State Street and Roundhill. Their fees differ too: 0.35% for XLVI and 0.99% for AMDW.