ARMW vs. AMDW

Last updated Aug 2, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and AMDW (Roundhill AMD 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

ARMW vs. AMDW - Performance Comparison

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

Returns By Period

In the year-to-date period, ARMW achieves a 134.95% return, which is significantly lower than AMDW's 146.74% return.

ARMW

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

AMDW

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

*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

ARMW vs. AMDW - Yearly Performance Comparison

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

Correlation

The correlation between ARMW and AMDW 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

ARMW vs. AMDW - Sectors Allocation Comparison

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

Return for Risk

ARMW vs. AMDW — Risk / Return Rank

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

ARMW

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

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

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.

ARMW vs. AMDW - Risk-Adjusted Trends Comparison

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

	ARMW	AMDW	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

ARMW vs. AMDW - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	ARMW	AMDW	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	96.03%	85.70%	+10.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.03%	85.05%	+10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.03%	85.05%	+10.98%

ARMW vs. AMDW - Expense Ratio Comparison

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

Dividends

ARMW vs. AMDW - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 62.70%, more than AMDW's 53.42% 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 ARMW and AMDW in my portfolio?

ARMW and AMDW 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, ARMW or AMDW?

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, ARMW or AMDW?

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

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

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