ETFIQ
RankingsCompareHoldingsResearch
My portfolioWeekly note
A
vs
B
Share on XDownload as PDFOpen live

AMZP vs AMZW: which paid, and which earned it?

Over the year AMZW paid 33.1% of its price in cash against AMZP’s 17.3%, and returned more with it reinvested. Kurv Yield Premium Strategy Amazon (AMZN) ETF and Roundhill AMZN WeeklyPay ETF.

17.3%
AMZP cash paid, 1 year
33.1%
AMZW cash paid, 1 year
+5.0%
AMZP total return, 1 year
+9.8%
AMZW total return, 1 year
AMZP · 1 year to Sep 30, 20268.5 pts behind AMZN
AMZP
+5.0%
AMZN
+13.5%

8.5 pts behind AMZN

AMZP over 1 year: paid 17.3%, price −12.4%, total +5.0%, AMZN +13.5%, −8.5 pts.

AMZN

+13.5%

AMZP

+5.0%

17.3% of it arrived as cash

8.5 pts behind AMZN

Total return, distributions reinvested

8.5 pts behind AMZN

AMZP over 1 year: paid 17.3%, price −12.4%, total +5.0%, AMZN +13.5%, −8.5 pts.

AMZN

+13.5%

AMZP

+5.0%

8.5 pts behind AMZN

17.3% of it arrived as cash. Total return, distributions reinvested. AMZP over 1 year: paid 17.3%, price −12.4%, total +5.0%, AMZN +13.5%, −8.5 pts.

AMZW · 1 year to Sep 30, 20263.6 pts behind AMZN
AMZW
+9.8%
AMZN
+13.5%

3.6 pts behind AMZN

AMZW over 1 year: paid 33.1%, price −24.4%, total +9.8%, AMZN +13.5%, −3.6 pts.

AMZN

+13.5%

AMZW

+9.8%

33.1% of it arrived as cash

3.6 pts behind AMZN

Total return, distributions reinvested

3.6 pts behind AMZN

AMZW over 1 year: paid 33.1%, price −24.4%, total +9.8%, AMZN +13.5%, −3.6 pts.

AMZN

+13.5%

AMZW

+9.8%

33.1% as cash

3.6 pts behind AMZN

33.1% of it arrived as cash. Both charts share one scale, 0 to +13.5%. AMZW over 1 year: paid 33.1%, price −24.4%, total +9.8%, AMZN +13.5%, −3.6 pts.

ETFIQ Return Stability Score · AMZW scores higherWas the payout funded by returns, or by your own capital?
7.2, the lowest in this set97.2, the highest

A percentile among the 70 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, AMZP and AMZW hold 50% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

half

50% in common

Positions both hold, largest shared weight first
Holding AMZP AMZW
TREASURY BILL 50.25% 73.32%
Only in AMZP
TREASURY BILL 35.73%
TREASURY BILL 14.01%
Only in AMZW
Amazon.com Inc 26.68%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowAMZPAMZWAMZPAMZWAMZPAMZW
3 months−0.8%+2.5%4.0%8.8%−3.9 pts−0.6 pts
6 months+14.7%+20.3%8.9%20.3%−3.7 pts+1.9 pts
1 year+5.0%+9.8%17.3%33.1%−8.5 pts−3.6 pts
Since launch
AMZP Nov 2023 · AMZW Jun 2025
+62.5%+13.3%58.4%42.3%−15.8 pts−4.0 pts

AMZP and AMZW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

AMZP
Kurv Yield Premium Strategy Amazon (AMZN) ETF · Synthetic covered call on AMZN, paying monthly
AMZW
Roundhill AMZN WeeklyPay ETF · Option income on AMZN, paying weekly
Issuer Kurv Roundhill
Strategy synthetic covered call option income
Benchmark Amazon (AMZN) Amazon (AMZN)
Pays monthly weekly
Payout rate, annualized 16.8% 32.9%
Expense ratio 0.99% 1.00%
Cash paid, 1 year 17.3% 33.1%
Price change, 1 year −12.4% −24.4%
Total return, 1 year +5.0% +9.8%
Benchmark return, 1 year +13.5% +13.5%
Ahead or behind −8.5 pts −3.6 pts
Return of capital, latest estimate 84% not published
Age 1059 days 469 days
Net assets $17m $33m

AMZP and AMZW on the same fields, as of Sep 30, 2026. Source: ETFIQ.

AMZP in plain words

Over the year to Sep 30, 2026, AMZP paid 17.3% of its starting value in cash distributions while its price fell 12.4%. With every distribution reinvested, the fund returned +5.0%. Amazon (AMZN) returned +13.5% over the same days, so a holder was behind by 8.5 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 16.8%, paid monthly. Kurv estimates that 84% of the distribution paid Aug 13, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

AMZW in plain words

Over the year to Sep 30, 2026, AMZW paid 33.1% of its starting value in cash distributions while its price fell 24.4%. With every distribution reinvested, the fund returned +9.8%. Amazon (AMZN) returned +13.5% over the same days, so a holder was behind by 3.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 32.9%, paid weekly.

Questions people ask

Which paid more, AMZP or AMZW?
Over the year to Sep 30, 2026, AMZP paid 17.3% of its starting price in cash and AMZW paid 33.1%, so AMZW paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, AMZP or AMZW?
With every distribution reinvested, AMZP returned +5.0% and AMZW +9.8% over the year to Sep 30, 2026.
Which is cheaper, AMZP or AMZW?
AMZP charges 0.99% a year and AMZW charges 1.00%, so AMZP is cheaper. Fees come from each fund's prospectus.
Other comparisons
AMZP vs AZYYAMZP vs XVAZAMZP vs AMZYAMZW vs AZYYAMZW vs XVAZAMZW vs AMZY
AMZP on its own →AMZW on its own →How every figure is computed →Standards and sources →
Where these figures came from
AMZP filings on SEC EDGAR ↗AMZP 19a-1 distribution notice ↗Kurv page for AMZP ↗AMZW filings on SEC EDGAR ↗AMZW prospectus with the expense ratio (SEC) ↗Roundhill page for AMZW ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, AMZP against AMZW, data as of Sep 30, 2026. https://etfiq.com/compare/income/amzp-vs-amzw

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.