BETZ vs. ARMW

Last updated Jun 3, 2026

BETZ (Roundhill Sports Betting & iGaming ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both exchange-traded funds - BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while ARMW is a Derivative Income fund actively managed by Roundhill Investments. BETZ is passively managed, while ARMW is actively managed. At a 0.35 correlation, their price movements are largely independent. BETZ charges 0.75%/yr vs 0.99%/yr for ARMW.

Performance

BETZ vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Sports Betting & iGaming ETF (BETZ) 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, BETZ achieves a -9.29% return, which is significantly lower than ARMW's 347.83% return.

BETZ

• 1D: -0.47%
• 1M: -1.76%
• YTD: -9.29%
• 6M: -6.63%
• 1Y: -5.17%
• 3Y*: 5.35%
• 5Y*: -8.45%
• 10Y*: —

ARMW

• 1D: -2.18%
• 1M: 110.86%
• YTD: 347.83%
• 6M: 241.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BETZ vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
BETZ Roundhill Sports Betting & iGaming ETF	-9.29%	-2.59%
ARMW Roundhill ARM WeeklyPay ETF	347.83%	-40.49%

Correlation

The correlation between BETZ and ARMW is 0.35, 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	0.35

BETZ vs. ARMW - Sectors Allocation Comparison

Sectors	BETZ	ARMW
Consumer Cyclical	96.4%	-
Technology	2.8%	36.0%
Communication Services	0.8%	-
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

BETZ vs. ARMW — Risk / Return Rank

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

BETZ

BETZ Risk / Return Rank: 6
BETZ Sharpe Ratio Rank: 6
BETZ Sortino Ratio Rank: 6
BETZ Omega Ratio Rank: 6
BETZ Calmar Ratio Rank: 7
BETZ Martin Ratio Rank: 7

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.

BETZ vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) 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.

	BETZ	ARMW	Difference
Sharpe ratio Return per unit of total volatility	-0.25	—	—
Sortino ratio Return per unit of downside risk	-0.22	—	—
Omega ratio Gain probability vs. loss probability	0.97	—	—
Calmar ratio Return relative to maximum drawdown	-0.22	—	—
Martin ratio Return relative to average drawdown	-0.38	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BETZ	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	4.68	-4.54

Drawdowns

BETZ vs. ARMW - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for BETZ and ARMW.

Drawdown Indicators

	BETZ	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-48.47%	-12.35%
Max Drawdown (1Y) Largest decline over 1 year	-29.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.35%	—	—
Current Drawdown Current decline from peak	-38.64%	-2.18%	-36.46%
Average Drawdown Average peak-to-trough decline	-33.81%	-26.73%	-7.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.93%	—	—

Volatility

Volatility by Period

	BETZ	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.49%	88.68%	-68.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	88.68%	-61.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.95%	88.68%	-60.73%

BETZ vs. ARMW - Expense Ratio Comparison

BETZ has a 0.75% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

BETZ vs. ARMW - Dividend Comparison

BETZ's dividend yield for the trailing twelve months is around 5.04%, less than ARMW's 15.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ARMW Roundhill ARM WeeklyPay ETF	15.72%	16.38%	0.00%	0.00%	0.00%	0.00%	0.00%
BETZ Roundhill Sports Betting & iGaming ETF	5.04%	4.57%	0.86%	0.00%	0.66%	0.00%	0.28%

Frequently Asked Questions

Can I hold both BETZ and ARMW in my portfolio?

BETZ and ARMW have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BETZ or ARMW?

On fees, BETZ is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BETZ or ARMW?

BETZ is cheaper with a 0.75% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.72%, compared with 5.04% for BETZ.

What is the main difference between BETZ and ARMW?

BETZ is categorized as Consumer Discretionary Equities, while ARMW is Derivative Income. Their fees differ too: 0.75% for BETZ and 0.99% for ARMW.