CRSH vs. ARMW

Last updated Aug 5, 2026

CRSH (YieldMax Short TSLA Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their -0.37 correlation means they have often moved in opposite directions in the past. Both charge a 0.99% expense ratio.

Performance

CRSH vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Short TSLA Option Income Strategy ETF (CRSH) 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, CRSH achieves a 21.72% return, which is significantly lower than ARMW's 184.82% return.

CRSH

• 1D: -1.60%
• 1M: 13.05%
• 6M: 14.20%
• YTD: 21.72%
• 1Y: -7.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.35%

ARMW

• 1D: 21.87%
• 1M: -13.39%
• 6M: 202.81%
• YTD: 184.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARMW Roundhill ARM WeeklyPay ETF	$3.27M	$4.47M	$4.19M
CRSH YieldMax Short TSLA Option Income Strategy ETF	$457.04K	$338.01K	$365.84K

CRSH vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
CRSH YieldMax Short TSLA Option Income Strategy ETF	21.72%	-0.37%
ARMW Roundhill ARM WeeklyPay ETF	184.82%	-41.28%

Correlation

The correlation between CRSH and ARMW is -0.37, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	-0.37

Return for Risk

CRSH vs. ARMW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CRSH

CRSH Risk / Return Rank: 8
CRSH Sharpe Ratio Rank: 7
CRSH Sortino Ratio Rank: 8
CRSH Omega Ratio Rank: 8
CRSH Calmar Ratio Rank: 7
CRSH Martin Ratio Rank: 7

ARMW

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CRSH vs. ARMW - Risk-Adjusted Trends Comparison

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

	CRSH	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	-0.06	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.26	—	—
Martin ratio: Return relative to average drawdown	-0.41	—	—

Drawdowns

CRSH vs. ARMW - Drawdown Comparison

The maximum CRSH drawdown since its inception was -63.68%, which is greater than ARMW's maximum drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for CRSH and ARMW.

Drawdown Indicators

	CRSH	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-56.50%	-7.18%
Max Drawdown (1Y) Largest decline over 1 year	-30.50%	—	—
Current Drawdown Current decline from peak	-52.11%	-42.68%	-9.43%
Average Drawdown Average peak-to-trough decline	-44.01%	-27.39%	-16.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.37%	—	—

Volatility

Volatility by Period

	CRSH	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.86%	98.62%	-61.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.45%	98.62%	-51.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.45%	98.62%	-51.17%

CRSH vs. ARMW - Expense Ratio Comparison

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

Dividends

CRSH vs. ARMW - Dividend Comparison

CRSH's dividend yield for the trailing twelve months is around 78.07%, more than ARMW's 54.31% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	54.31%	16.38%	0.00%
CRSH YieldMax Short TSLA Option Income Strategy ETF	78.07%	138.78%	94.25%

Frequently Asked Questions

Can I hold both CRSH and ARMW in my portfolio?

CRSH and ARMW have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRSH or ARMW?

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, CRSH or ARMW?

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

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

CRSH has the higher dividend yield at 78.07%, compared with 54.31% for ARMW.

What is the main difference between CRSH and ARMW?

They also come from different issuers: YieldMax and Roundhill.