AMDW vs QQQ
Roundhill AMD WeeklyPay ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AMDW delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AMDW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.18% | |
| AUM | $106M | $455.8B | |
| Dividend Yield | 34.78% | 0.41% | |
| Holdings | 6 | 108 | |
| YTD Return | +86.43% | +19.68% | |
| 1Y Return | +125.55% | +26.75% | |
| 3Y Return (annualized) | - | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 123.2% | 30.6% | |
| Max Drawdown | -34.6% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2025 | Mar 10, 1999 |
AMDW vs QQQ Performance
Roundhill AMD WeeklyPay ETF (AMDW) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AMDW returned +125.55% while QQQ returned +26.75%. Year to date, AMDW is up 86.43% versus a gain of 19.68% for QQQ.
Risk: Volatility and Drawdowns
AMDW has been the more volatile fund, with annualized monthly volatility of 123.2% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.6% for AMDW and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMDW charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, AMDW currently yields 34.78% against 0.41% for QQQ.
Holdings Overlap
AMDW and QQQ share 1 holdings out of 104 unique holdings combined, representing a 3.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AMDW | Weight in QQQ | Difference |
|---|---|---|---|
| AMD | 20.99% | 3.85% | 17.14% |
Frequently Asked Questions
Which is cheaper, AMDW or QQQ?
AMDW has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, AMDW or QQQ?
Over the past year AMDW returned +125.55% vs +26.75% for QQQ, so AMDW leads on 1-year performance. Over the longest common window we track (1 years), AMDW annualized +150.29% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, AMDW or QQQ?
AMDW has been the more volatile fund at 123.2% annualized versus 30.6% for QQQ. Worst drawdown: AMDW -34.6% vs QQQ -83.0%.
Should I hold both AMDW and QQQ?
AMDW and QQQ have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMDW and QQQ?
AMDW and QQQ share 1 common holdings with a 3.9% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, AMDW or QQQ?
AMDW yields 34.78% while QQQ yields 0.41%, so AMDW currently pays the higher dividend yield.
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