BALI vs. ARMW

Last updated Jun 24, 2026

BALI (Blackrock Advantage Large Cap Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. BALI charges 0.35%/yr vs 0.99%/yr for ARMW.

Performance

BALI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock Advantage Large Cap Income ETF (BALI) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BALI achieves a 8.90% return, which is significantly lower than ARMW's 297.09% return.

BALI

• 1D: -1.07%
• 1M: -1.38%
• YTD: 8.90%
• 6M: 8.29%
• 1Y: 22.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

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

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

BALI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
BALI Blackrock Advantage Large Cap Income ETF	8.90%	2.95%
ARMW Roundhill ARM WeeklyPay ETF	297.09%	-41.28%

Correlation

The correlation between BALI and ARMW 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

BALI vs. ARMW - Sectors Allocation Comparison

Sectors	BALI	ARMW
Technology	35.4%	28.9%
Communication Services	10.1%	-
Consumer Cyclical	9.7%	-
Healthcare	9.5%	-
Financial Services	9.2%	-
Industrials	7.0%	-
Consumer Defensive	5.8%	-
Energy	4.0%	-
Real Estate	2.1%	-
Utilities	2.0%	-
Basic Materials	1.4%	-

Return for Risk

BALI vs. ARMW — Risk / Return Rank

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

BALI

BALI Risk / Return Rank: 74
BALI Sharpe Ratio Rank: 72
BALI Sortino Ratio Rank: 70
BALI Omega Ratio Rank: 73
BALI Calmar Ratio Rank: 71
BALI Martin Ratio Rank: 83

ARMW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BALI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock Advantage Large Cap Income ETF (BALI) and Roundhill ARM WeeklyPay ETF (ARMW). 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.

	BALI	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.21	—	—
Sortino ratio: Return per unit of downside risk	3.03	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.44	—	—
Martin ratio: Return relative to average drawdown	16.45	—	—

Drawdowns

BALI vs. ARMW - Drawdown Comparison

The maximum BALI drawdown since its inception was -16.65%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for BALI and ARMW.

Drawdown Indicators

	BALI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-16.65%	-48.47%	+31.82%
Max Drawdown (1Y) Largest decline over 1 year	-6.71%	—	—
Current Drawdown Current decline from peak	-2.49%	-20.08%	+17.59%
Average Drawdown Average peak-to-trough decline	-1.63%	-25.29%	+23.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.40%	—	—

Volatility

Volatility by Period

	BALI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.49%	94.74%	-84.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.02%	94.74%	-81.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.02%	94.74%	-81.72%

BALI vs. ARMW - Expense Ratio Comparison

BALI has a 0.35% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

BALI vs. ARMW - Dividend Comparison

BALI's dividend yield for the trailing twelve months is around 7.83%, less than ARMW's 25.98% yield.

Position	TTM	2025	2024	2023
ARMW Roundhill ARM WeeklyPay ETF	25.98%	16.38%	0.00%	0.00%
BALI Blackrock Advantage Large Cap Income ETF	7.83%	8.51%	7.13%	2.13%

Frequently Asked Questions

Can I hold both BALI and ARMW in my portfolio?

BALI and ARMW 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.

Which ETF is better, BALI or ARMW?

On fees, BALI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BALI or ARMW?

BALI is cheaper with a 0.35% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 25.98%, compared with 7.83% for BALI.

What is the main difference between BALI and ARMW?

They also come from different issuers: BlackRock and Roundhill Investments. Their fees differ too: 0.35% for BALI and 0.99% for ARMW.