XLVI vs. AVGW

Last updated Jun 4, 2026

XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) and AVGW (Roundhill AVGO WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. XLVI charges 0.35%/yr vs 0.99%/yr for AVGW.

Performance

XLVI vs. AVGW - 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 AVGO WeeklyPay™ ETF (AVGW). 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 AVGW's 43.84% return.

XLVI

• 1D: 0.67%
• 1M: 2.30%
• YTD: -0.67%
• 6M: 0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGW

• 1D: -1.38%
• 1M: 17.30%
• YTD: 43.84%
• 6M: 27.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLVI vs. AVGW - Yearly Performance Comparison

	2026 (YTD)	2025
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	-0.67%	12.79%
AVGW Roundhill AVGO WeeklyPay™ ETF	43.84%	14.40%

Correlation

The correlation between XLVI and AVGW is 0.02, 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	0.02

XLVI vs. AVGW - Sectors Allocation Comparison

Sectors	XLVI	AVGW
Financial Services	100.6%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	33.2%
Utilities	-	-

Return for Risk

XLVI vs. AVGW - 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 AVGO WeeklyPay™ ETF (AVGW). 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	AVGW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	1.69	-0.37

Drawdowns

XLVI vs. AVGW - Drawdown Comparison

The maximum XLVI drawdown since its inception was -8.14%, smaller than the maximum AVGW drawdown of -34.65%. Use the drawdown chart below to compare losses from any high point for XLVI and AVGW.

Drawdown Indicators

	XLVI	AVGW	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-34.65%	+26.51%
Current Drawdown Current decline from peak	-4.02%	-1.38%	-2.64%
Average Drawdown Average peak-to-trough decline	-1.95%	-12.19%	+10.24%

Volatility

Volatility by Period

	XLVI	AVGW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	53.65%	-42.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.94%	53.65%	-42.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.94%	53.65%	-42.71%

XLVI vs. AVGW - Expense Ratio Comparison

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

Dividends

XLVI vs. AVGW - Dividend Comparison

XLVI's dividend yield for the trailing twelve months is around 11.53%, less than AVGW's 44.45% yield.

Position	TTM	2025
AVGW Roundhill AVGO WeeklyPay™ ETF	44.45%	31.15%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	11.53%	5.73%

Frequently Asked Questions

Can I hold both XLVI and AVGW in my portfolio?

XLVI and AVGW have a correlation of 0.02, 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 AVGW?

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 AVGW?

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

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

AVGW has the higher dividend yield at 44.45%, compared with 11.53% for XLVI.

What is the main difference between XLVI and AVGW?

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