DFNV vs. ARMH

Last updated Jun 23, 2026

DFNV (TrimTabs Donoghue Forlines Risk Managed Innovation ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both Technology Equities funds. DFNV is passively managed, while ARMH is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. DFNV charges 0.69%/yr vs 0.19%/yr for ARMH.

Performance

DFNV vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DFNV

• 1D: -1.41%
• 1M: -4.37%
• YTD: -4.61%
• 6M: -6.55%
• 1Y: 0.59%
• 3Y*: 15.78%
• 5Y*: 7.43%
• 10Y*: —

ARMH

• 1D: -7.59%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DFNV vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF	-3.76%
ARMH Arm Holdings PLC ADRhedged ETF	31.98%

Correlation

The correlation between DFNV and ARMH is 0.57, 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 May 28, 2026	0.57

Return for Risk

DFNV vs. ARMH — Risk / Return Rank

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

DFNV

DFNV Risk / Return Rank: 9
DFNV Sharpe Ratio Rank: 9
DFNV Sortino Ratio Rank: 9
DFNV Omega Ratio Rank: 8
DFNV Calmar Ratio Rank: 9
DFNV Martin Ratio Rank: 9

ARMH

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.

DFNV vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) and Arm Holdings PLC ADRhedged ETF (ARMH). 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.

	DFNV	ARMH	Difference
Sharpe ratio: Return per unit of total volatility	0.03	—	—
Sortino ratio: Return per unit of downside risk	0.17	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	0.03	—	—
Martin ratio: Return relative to average drawdown	0.06	—	—

Drawdowns

DFNV vs. ARMH - Drawdown Comparison

The maximum DFNV drawdown since its inception was -29.71%, which is greater than ARMH's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for DFNV and ARMH.

Drawdown Indicators

	DFNV	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	-29.71%	-24.85%	-4.86%
Max Drawdown (1Y) Largest decline over 1 year	-21.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.71%	—	—
Current Drawdown Current decline from peak	-11.00%	-7.59%	-3.41%
Average Drawdown Average peak-to-trough decline	-9.45%	-7.21%	-2.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.10%	—	—

Volatility

Volatility by Period

	DFNV	ARMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.13%	117.89%	-99.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.74%	117.89%	-98.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.74%	117.89%	-98.15%

DFNV vs. ARMH - Expense Ratio Comparison

DFNV has a 0.69% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

DFNV vs. ARMH - Dividend Comparison

DFNV's dividend yield for the trailing twelve months is around 0.39%, while ARMH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ARMH Arm Holdings PLC ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF	0.39%	0.38%	1.28%	0.77%	1.20%	4.77%	0.02%

Frequently Asked Questions

Can I hold both DFNV and ARMH in my portfolio?

DFNV and ARMH have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DFNV or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DFNV or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.69% for DFNV.

Which ETF pays a higher dividend yield, DFNV or ARMH?

DFNV has the higher dividend yield at 0.39%, compared with 0.00% for ARMH.

What is the main difference between DFNV and ARMH?

They also come from different issuers: TrimTabs and Precidian. Their fees differ too: 0.69% for DFNV and 0.19% for ARMH.