Roundhill ARM WeeklyPay ETF (ARMW) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ARMW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ARMW
ARMW charges 0.99% annually. There are 138 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | ARMW vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | ARMW vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | ARMW vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | ARMW vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | ARMW vs QQA |
Best Risk-Adjusted Alternatives to ARMW
Among 163 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | ARMW vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | ARMW vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | ARMW vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | ARMW vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | ARMW vs BUCK |
Top Performing ARMW Alternatives (YTD)
ARMW is at 297.09% YTD. There are 2 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | ARMW vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | ARMW vs CWII | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | ARMW vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | ARMW vs AMDY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 82.68% | 1.16B | Apr 2025 | ARMW vs CHPY |
Lowest Volatility Alternatives to ARMW
ARMW has 94.74% 1-year volatility. There are 271 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | ARMW vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | ARMW vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | ARMW vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | ARMW vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | ARMW vs XRMI |
Lowest Drawdown Alternatives to ARMW
Among 163 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | ARMW vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | ARMW vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | ARMW vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | ARMW vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | ARMW vs OMAH |
Other ETFs from Roundhill Investments
The 6 most viewed Roundhill Investments ETFs shown here include METV, NERD, BETZ and span 6 categories. AUM among these funds goes as high as $220M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Roundhill Ball Metaverse ETF | Technology Equities | 14 | -3.41% | 219.59M | Jun 2021 | ARMW vs METV | |
| Roundhill Video Games ETF | Gaming | 1 | -18.97% | 14.48M | Jun 2019 | ARMW vs NERD | |
| Roundhill Sports Betting & iGaming ETF | Consumer Discretionary Equities, Gaming | 5 | -10.44% | 48.55M | Jun 2020 | ARMW vs BETZ | |
| Roundhill Top WeeklyPay ETF | Derivative Income | — | -4.42% | 169.12M | Sep 2025 | ARMW vs TOPW | |
| Roundhill UNH WeeklyPay ETF | Leveraged Equities, Derivative Income, Health & Biotech Equities | — | 27.05% | 4.79M | Dec 2025 | ARMW vs UNHW | |
| Roundhill BABA WeeklyPay ETF | Derivative Income | — | -35.65% | — | Oct 2025 | ARMW vs BABW |
Often Compared With ARMW
Investors most often compare ARMW with ULTI, SCLZ, USOY. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare ARMW with Any Fund or Stock
Compare ARMW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ARMW with funds that move differently
Roundhill ARM WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ARMW.
Explore ARMW Diversifiers