ARMW vs. FYEE
ARMW (Roundhill ARM WeeklyPay ETF) and FYEE (Fidelity Yield Enhanced Equity ETF) are both Derivative Income funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. ARMW charges 0.99%/yr vs 0.28%/yr for FYEE.
Performance
ARMW vs. FYEE - Performance Comparison
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Returns By Period
In the year-to-date period, ARMW achieves a 297.09% return, which is significantly higher than FYEE's 5.23% return.
ARMW
- 1D
- -13.02%
- 1M
- 22.00%
- YTD
- 297.09%
- 6M
- 286.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FYEE
- 1D
- -1.18%
- 1M
- -0.71%
- YTD
- 5.23%
- 6M
- 4.69%
- 1Y
- 21.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARMW vs. FYEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 297.09% | -41.28% |
FYEE Fidelity Yield Enhanced Equity ETF | 5.23% | 4.30% |
Correlation
The correlation between ARMW and FYEE is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.53 |
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Return for Risk
ARMW vs. FYEE — Risk / Return Rank
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FYEE
ARMW vs. FYEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and Fidelity Yield Enhanced Equity ETF (FYEE). 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 | FYEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.86 | — |
| Martin ratioReturn relative to average drawdown | — | 14.01 | — |
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Drawdowns
ARMW vs. FYEE - Drawdown Comparison
The maximum ARMW drawdown since its inception was -48.47%, which is greater than FYEE's maximum drawdown of -18.79%. Use the drawdown chart below to compare losses from any high point for ARMW and FYEE.
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Drawdown Indicators
| ARMW | FYEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.47% | -18.79% | -29.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.39% | — |
Current DrawdownCurrent decline from peak | -20.08% | -1.97% | -18.11% |
Average DrawdownAverage peak-to-trough decline | -25.29% | -2.23% | -23.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.51% | — |
Volatility
ARMW vs. FYEE - Volatility Comparison
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Volatility by Period
| ARMW | FYEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 94.74% | 10.30% | +84.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.74% | 13.93% | +80.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.74% | 13.93% | +80.81% |
ARMW vs. FYEE - Expense Ratio Comparison
ARMW has a 0.99% expense ratio, which is higher than FYEE's 0.28% expense ratio.
Dividends
ARMW vs. FYEE - Dividend Comparison
ARMW's dividend yield for the trailing twelve months is around 25.98%, more than FYEE's 8.63% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 25.98% | 16.38% | 0.00% |
FYEE Fidelity Yield Enhanced Equity ETF | 8.63% | 7.08% | 5.45% |
Frequently Asked Questions
ARMW and FYEE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FYEE is cheaper with a 0.28% expense ratio, compared with 0.99% for ARMW.
ARMW has the higher dividend yield at 25.98%, compared with 8.63% for FYEE.
They also come from different issuers: Roundhill Investments and Fidelity. Their fees differ too: 0.99% for ARMW and 0.28% for FYEE.
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