ANV vs. ARMW

Last updated Jun 30, 2026

ANV (GraniteShares Autocallable NVDA ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. ANV charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

ANV vs. ARMW - Performance Comparison

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

Returns By Period

ANV

• 1D: 0.96%
• 1M: 0.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: 2.53%
• 1M: -5.45%
• YTD: 265.63%
• 6M: 263.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ANV vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
ANV GraniteShares Autocallable NVDA ETF	6.83%
ARMW Roundhill ARM WeeklyPay ETF	280.56%

Correlation

The correlation between ANV and ARMW is 0.42, 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 Feb 3, 2026	0.42

Return for Risk

ANV vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable NVDA ETF (ANV) 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.

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

Drawdowns

ANV vs. ARMW - Drawdown Comparison

The maximum ANV drawdown since its inception was -2.82%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for ANV and ARMW.

Drawdown Indicators

	ANV	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-2.82%	-48.47%	+45.65%
Current Drawdown Current decline from peak	-0.16%	-26.41%	+26.25%
Average Drawdown Average peak-to-trough decline	-0.64%	-25.29%	+24.65%

Volatility

Volatility by Period

	ANV	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.71%	94.08%	-83.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.71%	94.08%	-83.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.71%	94.08%	-83.37%

ANV vs. ARMW - Expense Ratio Comparison

ANV has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

ANV vs. ARMW - Dividend Comparison

ANV's dividend yield for the trailing twelve months is around 5.53%, less than ARMW's 33.19% yield.

Position	TTM	2025
ANV GraniteShares Autocallable NVDA ETF	5.53%	0.00%
ARMW Roundhill ARM WeeklyPay ETF	33.19%	16.38%

Frequently Asked Questions

Can I hold both ANV and ARMW in my portfolio?

ANV and ARMW have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANV or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANV or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for ANV.

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

ARMW has the higher dividend yield at 33.19%, compared with 5.53% for ANV.

What is the main difference between ANV and ARMW?

They also come from different issuers: GraniteShares and Roundhill Investments. Their fees differ too: 1.07% for ANV and 0.99% for ARMW.