ARMW vs. ACEI

Last updated Jul 17, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and ACEI (Innovator Equity Autocallable Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. ARMW charges 0.99%/yr vs 0.79%/yr for ACEI.

Performance

ARMW vs. ACEI - Performance Comparison

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

Returns By Period

In the year-to-date period, ARMW achieves a 161.70% return, which is significantly higher than ACEI's 0.86% return.

ARMW

• 1D: -7.36%
• 1M: -40.52%
• 6M: 177.20%
• YTD: 161.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACEI

• 1D: -0.93%
• 1M: -1.73%
• 6M: 2.05%
• YTD: 0.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMW vs. ACEI - Yearly Performance Comparison

	2026 (YTD)	2025
ARMW Roundhill ARM WeeklyPay ETF	161.70%	-41.28%
ACEI Innovator Equity Autocallable Income Strategy ETF	0.86%	0.07%

Correlation

The correlation between ARMW and ACEI is 0.31, 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 23, 2025	0.31

Return for Risk

ARMW vs. ACEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and Innovator Equity Autocallable Income Strategy ETF (ACEI). 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

ARMW vs. ACEI - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, which is greater than ACEI's maximum drawdown of -6.77%. Use the drawdown chart below to compare losses from any high point for ARMW and ACEI.

Drawdown Indicators

	ARMW	ACEI	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-6.77%	-41.70%
Current Drawdown Current decline from peak	-47.33%	-4.60%	-42.73%
Average Drawdown Average peak-to-trough decline	-25.96%	-2.23%	-23.73%

Volatility

Volatility by Period

	ARMW	ACEI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	95.20%	13.11%	+82.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.20%	13.11%	+82.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.20%	13.11%	+82.09%

ARMW vs. ACEI - Expense Ratio Comparison

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

Dividends

ARMW vs. ACEI - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 50.52%, more than ACEI's 8.62% yield.

Position	TTM	2025
ACEI Innovator Equity Autocallable Income Strategy ETF	8.62%	2.11%
ARMW Roundhill ARM WeeklyPay ETF	50.52%	16.38%

Frequently Asked Questions

Can I hold both ARMW and ACEI in my portfolio?

ARMW and ACEI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARMW or ACEI?

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, ARMW or ACEI?

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

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

ARMW has the higher dividend yield at 50.52%, compared with 8.62% for ACEI.

What is the main difference between ARMW and ACEI?

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