ARMW vs. BITK
ARMW (Roundhill ARM WeeklyPay ETF) and BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) are both Derivative Income funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
ARMW vs. BITK - Performance Comparison
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Returns By Period
In the year-to-date period, ARMW achieves a 363.23% return, which is significantly higher than BITK's -28.68% return.
ARMW
- 1D
- 3.44%
- 1M
- 128.75%
- YTD
- 363.23%
- 6M
- 245.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITK
- 1D
- -2.66%
- 1M
- -17.17%
- YTD
- -28.68%
- 6M
- -34.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARMW vs. BITK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 363.23% | -40.49% |
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | -28.68% | -24.49% |
Correlation
The correlation between ARMW and BITK is 0.35, 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 | 0.35 |
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Return for Risk
ARMW vs. BITK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK). 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.
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Sharpe Ratios by Period
| ARMW | BITK | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 4.96 | -1.24 | +6.20 |
Drawdowns
ARMW vs. BITK - Drawdown Comparison
The maximum ARMW drawdown since its inception was -48.47%, smaller than the maximum BITK drawdown of -53.08%. Use the drawdown chart below to compare losses from any high point for ARMW and BITK.
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Drawdown Indicators
| ARMW | BITK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.47% | -53.08% | +4.61% |
Current DrawdownCurrent decline from peak | 0.00% | -52.63% | +52.63% |
Average DrawdownAverage peak-to-trough decline | -26.55% | -34.87% | +8.32% |
Volatility
ARMW vs. BITK - Volatility Comparison
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Volatility by Period
| ARMW | BITK | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 88.46% | 49.59% | +38.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.46% | 49.59% | +38.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.46% | 49.59% | +38.87% |
ARMW vs. BITK - Expense Ratio Comparison
Both ARMW and BITK have an expense ratio of 0.99%.
Dividends
ARMW vs. BITK - Dividend Comparison
ARMW's dividend yield for the trailing twelve months is around 15.20%, less than BITK's 44.82% yield.
| Position | TTM | 2025 |
|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 15.20% | 16.38% |
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF | 44.82% | 23.15% |
Frequently Asked Questions
ARMW and BITK have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ARMW and BITK have the same expense ratio: 0.99% per year.
BITK has the higher dividend yield at 44.82%, compared with 15.20% for ARMW.
They also come from different issuers: Roundhill Investments and Tuttle Capital Management.
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