ARMW vs. TSMY

Last updated Jun 4, 2026

ARMW (Roundhill ARM WeeklyPay ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

ARMW vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ARM WeeklyPay ETF (ARMW) and YieldMax TSM Option Income Strategy ETF (TSMY). 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 TSMY's 37.04% return.

ARMW

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

TSMY

• 1D: -1.37%
• 1M: 7.48%
• YTD: 37.04%
• 6M: 39.21%
• 1Y: 92.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARMW vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%
TSMY YieldMax TSM Option Income Strategy ETF	37.04%	3.21%

Correlation

The correlation between ARMW and TSMY is 0.43, 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	0.43

Return for Risk

ARMW vs. TSMY — Risk / Return Rank

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

TSMY

TSMY Risk / Return Rank: 88
TSMY Sharpe Ratio Rank: 90
TSMY Sortino Ratio Rank: 85
TSMY Omega Ratio Rank: 82
TSMY Calmar Ratio Rank: 91
TSMY Martin Ratio Rank: 91

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. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ARM WeeklyPay ETF (ARMW) and YieldMax TSM Option Income Strategy ETF (TSMY). 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	TSMY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.96	1.56	+3.40

Drawdowns

ARMW vs. TSMY - Drawdown Comparison

The maximum ARMW drawdown since its inception was -48.47%, which is greater than TSMY's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for ARMW and TSMY.

Drawdown Indicators

	ARMW	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-48.47%	-31.15%	-17.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Current Drawdown Current decline from peak	0.00%	-1.37%	+1.37%
Average Drawdown Average peak-to-trough decline	-26.55%	-5.51%	-21.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.17%	—

Volatility

Volatility by Period

	ARMW	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	88.46%	28.87%	+59.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.46%	33.22%	+55.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.46%	33.22%	+55.24%

ARMW vs. TSMY - Expense Ratio Comparison

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

Dividends

ARMW vs. TSMY - Dividend Comparison

ARMW's dividend yield for the trailing twelve months is around 15.20%, less than TSMY's 52.19% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	52.19%	56.76%	13.71%

Frequently Asked Questions

Can I hold both ARMW and TSMY in my portfolio?

ARMW and TSMY have a correlation of 0.43, 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 TSMY?

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 TSMY?

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

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

TSMY has the higher dividend yield at 52.19%, compared with 15.20% for ARMW.

What is the main difference between ARMW and TSMY?

They also come from different issuers: Roundhill Investments and YieldMax.