CRCO vs. ARMW

Last updated Jun 5, 2026

CRCO (YieldMax CRCL Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. CRCO charges 1.01%/yr vs 0.99%/yr for ARMW.

Performance

CRCO vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax CRCL Option Income Strategy ETF (CRCO) 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, CRCO achieves a 13.91% return, which is significantly lower than ARMW's 336.58% return.

CRCO

• 1D: 0.68%
• 1M: -16.10%
• YTD: 13.91%
• 6M: 7.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -5.75%
• 1M: 108.38%
• YTD: 336.58%
• 6M: 222.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRCO vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
CRCO YieldMax CRCL Option Income Strategy ETF	13.91%	-35.51%
ARMW Roundhill ARM WeeklyPay ETF	336.58%	-40.49%

Correlation

The correlation between CRCO and ARMW is 0.30, 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	0.30

Return for Risk

CRCO vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax CRCL Option Income Strategy ETF (CRCO) 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.

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

Sharpe Ratios by Period

	CRCO	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	4.33	-4.78

Drawdowns

CRCO vs. ARMW - Drawdown Comparison

The maximum CRCO drawdown since its inception was -61.75%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for CRCO and ARMW.

Drawdown Indicators

	CRCO	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-61.75%	-48.47%	-13.28%
Current Drawdown Current decline from peak	-35.95%	-5.75%	-30.20%
Average Drawdown Average peak-to-trough decline	-33.20%	-26.42%	-6.78%

Volatility

Volatility by Period

	CRCO	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	86.40%	88.57%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.40%	88.57%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.40%	88.57%	-2.17%

CRCO vs. ARMW - Expense Ratio Comparison

CRCO has a 1.01% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

CRCO vs. ARMW - Dividend Comparison

CRCO's dividend yield for the trailing twelve months is around 93.61%, more than ARMW's 16.13% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	16.13%	16.38%
CRCO YieldMax CRCL Option Income Strategy ETF	93.61%	35.79%

Frequently Asked Questions

Can I hold both CRCO and ARMW in my portfolio?

CRCO and ARMW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRCO or ARMW?

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, CRCO or ARMW?

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

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

CRCO has the higher dividend yield at 93.61%, compared with 16.13% for ARMW.

What is the main difference between CRCO and ARMW?

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