AMDW vs AMZW

AMDWBRoundhill AMD WeeklyPay ETF

AMZWBRoundhill AMZN WeeklyPay ETF

In short

AMDW An AMD income play that never sells a call. AMDW holds swaps plus stock targeting 1.2 times AMD's calendar-week total return, upside uncapped, and is built to pay out every week. Fee: 1.00%.

AMZW A weekly paycheck stapled to Amazon. AMZW's stated aim is to pay distributions every week while targeting 1.2 times AMZN's calendar-week total return before fees and expenses. Fee: 1.00%, no waiver.

Stated mandate

AMDW The Fund seeks weekly distributions and aims to deliver 1.2 times the calendar-week total return of Advanced Micro Devices, Inc. common shares, before fees and expenses.

AMZW The Fund primarily seeks to pay weekly distributions and secondarily targets approximately 1.2 times Amazon’s calendar-week total return, before fees and expenses.

Why people hold it

• AMDW No options sold here. AMDW uses total return swaps plus AMD stock to target 1.2 times AMD's calendar-week total return, before fees, which leaves the upside uncapped.roundhillinvestments.comroundhillinvestments.com 2
• The reset is weekly, not daily. Exposure runs from one week's closing bell to the next, so there are far fewer reset points than in a daily-reset leveraged fund.roundhillinvestments.com
• Payouts are weekly and formula-driven: each week's distribution comes off dynamic inputs including AMD's recent total return and its implied volatility.roundhillinvestments.comroundhillinvestments.com 2
• Fee of 1.00% sits with the pack (AAPW and MSFW at 1.00%, COSW 0.99%, TSYX 0.98%), and the fund has stayed close to its stated 1.2x weekly mandate.

• AMZW The leverage is calendar-week leverage: 1.2 times AMZN's weekly total return before fees. The prospectus is blunt that the objective applies to a week, not a day or a year.sec.gov
• Modest amplification, not the 2x-daily treadmill. Roundhill builds the 120% exposure from total return swaps plus actual AMZN common stock.roundhillinvestments.com
• Cash lands weekly rather than monthly or quarterly, and the same WeeklyPay plumbing runs across Roundhill's AAPL (AAPW), MSFT (MSFW), AMD (AMDW) and COST (COSW) versions, all priced near 1.00%.roundhillinvestments.com
• At 1.00% with no fee waiver, AMZW sits near the median of its 17-fund leveraged single-stock income category, and in the upper half of that group on build quality.

Worth knowing

• AMDW Distributions can exceed the fund's income and gains. The excess is treated as a return of capital, which gives back your own money and can raise the tax paperwork.roundhillinvestments.com
• The 1.2x target covers one calendar week at a time. Over longer stretches, results depend on AMD's path and can differ from 1.2 times its move.roundhillinvestments.com
• Everything rides on one semiconductor stock, geared up, and the fund launched in 2025, so there is only a short record to judge it by.

• AMZW The weekly check can be your own money coming back. Roundhill discloses distributions may exceed income and gains, with the excess treated as return of capital, which lowers your cost basis.roundhillinvestments.com
• 1.2x works in both directions: a losing week in Amazon lands about 20% harder. The filing warns an investor could lose the full value of the investment within a single week.sec.gov
• One stock, swap-based, and launched in 2025: concentration risk, counterparty risk, and a thinly traded tape that can mean wider spreads than the mega-cap it tracks.roundhillinvestments.com

Full AMDW profile⁠

Full AMZW profile⁠