ARMW vs. NERD

Last updated Jun 4, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and NERD (Roundhill Video Games ETF) are both exchange-traded funds - ARMW is a Derivative Income fund actively managed by Roundhill Investments, while NERD is a Gaming fund actively managed by Roundhill Investments. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. ARMW charges 0.99%/yr vs 0.50%/yr for NERD.

Performance

ARMW vs. NERD - Performance Comparison

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

Returns By Period

In the year-to-date period, ARMW achieves a 363.23% return, which is significantly higher than NERD's -16.00% return.

ARMW

• 1D: 3.44%
• 1M: 128.75%
• YTD: 363.23%
• 6M: 245.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NERD

• 1D: -2.22%
• 1M: -3.36%
• YTD: -16.00%
• 6M: -19.58%
• 1Y: -17.66%
• 3Y*: 10.64%
• 5Y*: -7.79%
• 10Y*: —

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

ARMW vs. NERD - Yearly Performance Comparison

	2026 (YTD)	2025
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%
NERD Roundhill Video Games ETF	-16.00%	-10.25%

Correlation

The correlation between ARMW and NERD 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 24, 2025	0.31

ARMW vs. NERD - Sectors Allocation Comparison

Sectors	ARMW	NERD
Technology	36.0%	3.9%
Basic Materials	-	-
Communication Services	-	91.1%
Consumer Cyclical	-	3.9%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	0.0%
Healthcare	-	-
Industrials	-	1.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

ARMW vs. NERD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NERD

NERD Risk / Return Rank: 3
NERD Sharpe Ratio Rank: 2
NERD Sortino Ratio Rank: 2
NERD Omega Ratio Rank: 2
NERD Calmar Ratio Rank: 4
NERD Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARMW vs. NERD - Risk-Adjusted Trends Comparison

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

Sharpe Ratios by Period

	ARMW	NERD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.96	0.20	+4.76

Drawdowns

ARMW vs. NERD - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, smaller than the maximum NERD drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for ARMW and NERD.

Drawdown Indicators

	ARMW	NERD	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-65.58%	+17.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.67%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-58.92%	—
Current Drawdown Current decline from peak	0.00%	-45.51%	+45.51%
Average Drawdown Average peak-to-trough decline	-26.55%	-35.89%	+9.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.75%	—

Volatility

Volatility by Period

	ARMW	NERD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	88.46%	19.81%	+68.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.46%	24.51%	+63.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.46%	25.53%	+62.93%

ARMW vs. NERD - Expense Ratio Comparison

ARMW has a 0.99% expense ratio, which is higher than NERD's 0.50% expense ratio.

Dividends

ARMW vs. NERD - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 15.20%, more than NERD's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.75%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%

Frequently Asked Questions

Can I hold both ARMW and NERD in my portfolio?

ARMW and NERD 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 NERD?

On fees, NERD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMW or NERD?

NERD is cheaper with a 0.50% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 0.75% for NERD.

What is the main difference between ARMW and NERD?

ARMW is categorized as Derivative Income, while NERD is Gaming. Their fees differ too: 0.99% for ARMW and 0.50% for NERD.