BITY vs. ARMW

Last updated Jun 4, 2026

BITY (Amplify Bitcoin 2% Monthly Option Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. BITY charges 0.65%/yr vs 0.99%/yr for ARMW.

Performance

BITY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bitcoin 2% Monthly Option Income ETF (BITY) 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, BITY achieves a -23.09% return, which is significantly lower than ARMW's 363.23% return.

BITY

• 1D: -2.61%
• 1M: -19.63%
• YTD: -23.09%
• 6M: -26.69%
• 1Y: -37.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

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

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

BITY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
BITY Amplify Bitcoin 2% Monthly Option Income ETF	-23.09%	-19.03%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between BITY 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

Return for Risk

BITY vs. ARMW — Risk / Return Rank

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

BITY

BITY Risk / Return Rank: 2
BITY Sharpe Ratio Rank: 2
BITY Sortino Ratio Rank: 2
BITY Omega Ratio Rank: 2
BITY Calmar Ratio Rank: 2
BITY Martin Ratio Rank: 2

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.

BITY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bitcoin 2% Monthly Option Income ETF (BITY) 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.

	BITY	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-0.94	—	—
Sortino ratio: Return per unit of downside risk	-1.30	—	—
Omega ratio: Gain probability vs. loss probability	0.85	—	—
Calmar ratio: Return relative to maximum drawdown	-0.81	—	—
Martin ratio: Return relative to average drawdown	-1.41	—	—
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

	BITY	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.70	4.96	-5.66

Drawdowns

BITY vs. ARMW - Drawdown Comparison

The maximum BITY drawdown since its inception was -46.36%, roughly equal to the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for BITY and ARMW.

Drawdown Indicators

	BITY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-46.36%	-48.47%	+2.11%
Max Drawdown (1Y) Largest decline over 1 year	-46.36%	—	—
Current Drawdown Current decline from peak	-45.49%	0.00%	-45.49%
Average Drawdown Average peak-to-trough decline	-19.67%	-26.55%	+6.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.48%	—	—

Volatility

Volatility by Period

	BITY	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.94%	88.46%	-48.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.02%	88.46%	-49.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.02%	88.46%	-49.44%

BITY vs. ARMW - Expense Ratio Comparison

BITY has a 0.65% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

BITY vs. ARMW - Dividend Comparison

BITY's dividend yield for the trailing twelve months is around 39.66%, more than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
BITY Amplify Bitcoin 2% Monthly Option Income ETF	39.66%	21.53%

Frequently Asked Questions

Can I hold both BITY and ARMW in my portfolio?

BITY 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, BITY or ARMW?

On fees, BITY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BITY or ARMW?

BITY is cheaper with a 0.65% expense ratio, compared with 0.99% for ARMW.

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

BITY has the higher dividend yield at 39.66%, compared with 15.20% for ARMW.

What is the main difference between BITY and ARMW?

They also come from different issuers: Amplify and Roundhill Investments. Their fees differ too: 0.65% for BITY and 0.99% for ARMW.