ARMW vs. SDTY

Last updated Jun 24, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and SDTY (YieldMax S&P 500 0DTE Covered Call Strategy ETF) are both Derivative Income funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. ARMW charges 0.99%/yr vs 1.01%/yr for SDTY.

Performance

ARMW vs. SDTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ARM WeeklyPay ETF (ARMW) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARMW achieves a 297.09% return, which is significantly higher than SDTY's 6.44% return.

ARMW

• 1D: -13.02%
• 1M: 22.00%
• YTD: 297.09%
• 6M: 286.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDTY

• 1D: -1.37%
• 1M: -0.84%
• YTD: 6.44%
• 6M: 5.67%
• 1Y: 22.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMW vs. SDTY - Yearly Performance Comparison

	2026 (YTD)	2025
ARMW Roundhill ARM WeeklyPay ETF	297.09%	-41.28%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	6.44%	3.50%

Correlation

The correlation between ARMW and SDTY is 0.56, 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	0.56

ARMW vs. SDTY - Sectors Allocation Comparison

Sectors	ARMW	SDTY
Technology	28.9%	39.0%
Basic Materials	-	1.7%
Communication Services	-	10.6%
Consumer Cyclical	-	9.9%
Consumer Defensive	-	4.5%
Energy	-	3.1%
Financial Services	-	11.1%
Healthcare	-	8.3%
Industrials	-	7.8%
Real Estate	-	1.8%
Utilities	-	2.1%

Return for Risk

ARMW vs. SDTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

SDTY

SDTY Risk / Return Rank: 61
SDTY Sharpe Ratio Rank: 61
SDTY Sortino Ratio Rank: 58
SDTY Omega Ratio Rank: 62
SDTY Calmar Ratio Rank: 59
SDTY Martin Ratio Rank: 66

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. SDTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY). 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	SDTY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.91	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	2.77	—
Martin ratio: Return relative to average drawdown	—	11.26	—

Drawdowns

ARMW vs. SDTY - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, which is greater than SDTY's maximum drawdown of -18.63%. Use the drawdown chart below to compare losses from any high point for ARMW and SDTY.

Drawdown Indicators

	ARMW	SDTY	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-18.63%	-29.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.02%	—
Current Drawdown Current decline from peak	-20.08%	-2.47%	-17.61%
Average Drawdown Average peak-to-trough decline	-25.29%	-2.99%	-22.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.97%	—

Volatility

Volatility by Period

	ARMW	SDTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	94.74%	11.64%	+83.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.74%	16.82%	+77.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.74%	16.82%	+77.92%

ARMW vs. SDTY - Expense Ratio Comparison

ARMW has a 0.99% expense ratio, which is lower than SDTY's 1.01% expense ratio.

Dividends

ARMW vs. SDTY - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 25.98%, which matches SDTY's 26.11% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	25.98%	16.38%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	26.11%	22.00%

Frequently Asked Questions

Can I hold both ARMW and SDTY in my portfolio?

ARMW and SDTY have a correlation of 0.56, 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 SDTY?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARMW or SDTY?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.01% for SDTY.

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

SDTY has the higher dividend yield at 26.11%, compared with 25.98% for ARMW.

What is the main difference between ARMW and SDTY?

They also come from different issuers: Roundhill Investments and YieldMax. Their fees differ too: 0.99% for ARMW and 1.01% for SDTY.