AMDW vs SPY
Roundhill AMD WeeklyPay ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. AMDW delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AMDW | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.09% | |
| AUM | $123M | $814.4B | |
| Dividend Yield | 53.52% | 1.01% | |
| Holdings | 6 | 505 | |
| YTD Return | +67.06% | +12.60% | |
| 1Y Return | +136.39% | +20.83% | |
| 3Y Return (annualized) | - | +20.98% | |
| 5Y Return (annualized) | - | +12.56% | |
| Volatility (annualized) | 120.0% | 15.3% | |
| Max Drawdown | -34.6% | -56.5% | |
| Fund Family | Roundhill Investments | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2025 | Jan 22, 1993 |
AMDW vs SPY Performance
Roundhill AMD WeeklyPay ETF (AMDW) is a ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AMDW returned +136.39% while SPY returned +20.83%. Year to date, AMDW is up 67.06% versus a gain of 12.60% for SPY.
Risk: Volatility and Drawdowns
AMDW has been the more volatile fund, with annualized monthly volatility of 120.0% compared with 15.3% for SPY. 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 -56.5% for SPY. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMDW charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, AMDW currently yields 53.52% against 1.01% for SPY.
Holdings Overlap
AMDW and SPY share 1 holdings out of 505 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AMDW | Weight in SPY | Difference |
|---|---|---|---|
| AMD | 20.01% | 1.27% | 18.74% |
Frequently Asked Questions
Which is cheaper, AMDW or SPY?
AMDW has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, AMDW or SPY?
Over the past year AMDW returned +136.39% vs +20.83% for SPY, so AMDW leads on 1-year performance. Over the longest common window we track (1 years), AMDW annualized +116.67% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, AMDW or SPY?
AMDW has been the more volatile fund at 120.0% annualized versus 15.3% for SPY. Worst drawdown: AMDW -34.6% vs SPY -56.5%.
Should I hold both AMDW and SPY?
AMDW and SPY have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMDW and SPY?
AMDW and SPY share 1 common holdings with a 1.3% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, AMDW or SPY?
AMDW yields 53.52% while SPY yields 1.01%, so AMDW currently pays the higher dividend yield.
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