ACEI vs. ARMW

Last updated Jun 5, 2026

ACEI (Innovator Equity Autocallable Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. ACEI charges 0.79%/yr vs 0.99%/yr for ARMW.

Performance

ACEI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Autocallable Income Strategy ETF (ACEI) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACEI achieves a 5.27% return, which is significantly lower than ARMW's 336.58% return.

ACEI

• 1D: 0.18%
• 1M: 2.51%
• YTD: 5.27%
• 6M: 6.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -5.75%
• 1M: 108.38%
• YTD: 336.58%
• 6M: 222.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACEI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
ACEI Innovator Equity Autocallable Income Strategy ETF	5.27%	0.50%
ARMW Roundhill ARM WeeklyPay ETF	336.58%	-40.49%

Correlation

The correlation between ACEI and ARMW is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.29

Return for Risk

ACEI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Autocallable Income Strategy ETF (ACEI) and Roundhill ARM WeeklyPay ETF (ARMW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ACEI	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	4.33	-3.64

Drawdowns

ACEI vs. ARMW - Drawdown Comparison

The maximum ACEI drawdown since its inception was -5.77%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for ACEI and ARMW.

Drawdown Indicators

	ACEI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-5.77%	-48.47%	+42.70%
Current Drawdown Current decline from peak	-0.43%	-5.75%	+5.32%
Average Drawdown Average peak-to-trough decline	-1.86%	-26.42%	+24.56%

Volatility

Volatility by Period

	ACEI	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.26%	88.57%	-75.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	88.57%	-75.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	88.57%	-75.31%

ACEI vs. ARMW - Expense Ratio Comparison

ACEI has a 0.79% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

ACEI vs. ARMW - Dividend Comparison

ACEI's dividend yield for the trailing twelve months is around 6.96%, less than ARMW's 16.13% yield.

Position	TTM	2025
ACEI Innovator Equity Autocallable Income Strategy ETF	6.96%	2.11%
ARMW Roundhill ARM WeeklyPay ETF	16.13%	16.38%

Frequently Asked Questions

Can I hold both ACEI and ARMW in my portfolio?

ACEI and ARMW have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACEI or ARMW?

On fees, ACEI is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACEI or ARMW?

ACEI is cheaper with a 0.79% expense ratio, compared with 0.99% for ARMW.

Which ETF pays a higher dividend yield, ACEI or ARMW?

ARMW has the higher dividend yield at 16.13%, compared with 6.96% for ACEI.

What is the main difference between ACEI and ARMW?

They also come from different issuers: Innovator and Roundhill Investments. Their fees differ too: 0.79% for ACEI and 0.99% for ARMW.