AMDW vs. ARMW

Last updated Aug 2, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Their 0.62 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.99% expense ratio.

Performance

AMDW vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) 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, AMDW achieves a 146.74% return, which is significantly higher than ARMW's 134.95% return.

AMDW

• 1D: -2.02%
• 1M: -10.13%
• 6M: 119.90%
• YTD: 146.74%
• 1Y: 209.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 229.60%

ARMW

• 1D: -1.33%
• 1M: -28.55%
• 6M: 146.99%
• YTD: 134.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AMDW Roundhill AMD WeeklyPay ETF	$10.26M	$9.58M	$8.51M
ARMW Roundhill ARM WeeklyPay ETF	$3.87M	$4.86M	$4.12M

AMDW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	146.74%	-10.12%
ARMW Roundhill ARM WeeklyPay ETF	134.95%	-41.28%

Correlation

The correlation between AMDW and ARMW is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.62

AMDW vs. ARMW - Sectors Allocation Comparison

Sectors	AMDW	ARMW
Technology	19.3%	18.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AMDW vs. ARMW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AMDW

AMDW Risk / Return Rank: 88
AMDW Sharpe Ratio Rank: 92
AMDW Sortino Ratio Rank: 87
AMDW Omega Ratio Rank: 84
AMDW Calmar Ratio Rank: 96
AMDW Martin Ratio Rank: 84

ARMW

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AMDW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AMDW	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	5.83	—	—
Martin ratio: Return relative to average drawdown	11.47	—	—

Drawdowns

AMDW vs. ARMW - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, smaller than the maximum ARMW drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for AMDW and ARMW.

Drawdown Indicators

	AMDW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-56.50%	+21.86%
Max Drawdown (1Y) Largest decline over 1 year	-34.64%	—	—
Current Drawdown Current decline from peak	-21.39%	-52.71%	+31.32%
Average Drawdown Average peak-to-trough decline	-13.97%	-27.18%	+13.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.59%	—	—

Volatility

Volatility by Period

	AMDW	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	67.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	85.70%	96.03%	-10.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.05%	96.03%	-10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.05%	96.03%	-10.98%

AMDW vs. ARMW - Expense Ratio Comparison

Both AMDW and ARMW have an expense ratio of 0.99%.

Dividends

AMDW vs. ARMW - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 53.42%, less than ARMW's 62.70% yield.

Position	TTM	2025
AMDW Roundhill AMD WeeklyPay ETF	53.42%	34.78%
ARMW Roundhill ARM WeeklyPay ETF	62.70%	16.38%

Frequently Asked Questions

Can I hold both AMDW and ARMW in my portfolio?

AMDW and ARMW have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDW or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or ARMW?

AMDW and ARMW have the same expense ratio: 0.99% per year.

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

ARMW has the higher dividend yield at 62.70%, compared with 53.42% for AMDW.