EIPI vs. ARMW

Last updated Jun 4, 2026

EIPI (FT Energy Income Partners Enhanced Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.09, they often move in opposite directions. EIPI charges 1.11%/yr vs 0.99%/yr for ARMW.

Performance

EIPI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Energy Income Partners Enhanced Income ETF (EIPI) 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, EIPI achieves a 14.55% return, which is significantly lower than ARMW's 363.23% return.

EIPI

• 1D: 0.05%
• 1M: -2.14%
• YTD: 14.55%
• 6M: 13.67%
• 1Y: 21.45%
• 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)

EIPI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
EIPI FT Energy Income Partners Enhanced Income ETF	14.55%	2.39%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between EIPI and ARMW is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	-0.09

EIPI vs. ARMW - Sectors Allocation Comparison

Sectors	EIPI	ARMW
Energy	62.8%	-
Utilities	31.0%	-
Industrials	5.5%	-
Basic Materials	0.7%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	36.0%

Return for Risk

EIPI vs. ARMW — Risk / Return Rank

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

EIPI

EIPI Risk / Return Rank: 75
EIPI Sharpe Ratio Rank: 68
EIPI Sortino Ratio Rank: 72
EIPI Omega Ratio Rank: 63
EIPI Calmar Ratio Rank: 89
EIPI Martin Ratio Rank: 81

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.

EIPI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Energy Income Partners Enhanced Income ETF (EIPI) 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.

	EIPI	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	3.30	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	5.39	—	—
Martin ratio: Return relative to average drawdown	16.30	—	—
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

	EIPI	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	4.96	-3.44

Drawdowns

EIPI vs. ARMW - Drawdown Comparison

The maximum EIPI drawdown since its inception was -12.33%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for EIPI and ARMW.

Drawdown Indicators

	EIPI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-12.33%	-48.47%	+36.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	—	—
Current Drawdown Current decline from peak	-2.62%	0.00%	-2.62%
Average Drawdown Average peak-to-trough decline	-1.67%	-26.55%	+24.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	—	—

Volatility

Volatility by Period

	EIPI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.55%	88.46%	-78.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.08%	88.46%	-75.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.08%	88.46%	-75.38%

EIPI vs. ARMW - Expense Ratio Comparison

EIPI has a 1.11% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

EIPI vs. ARMW - Dividend Comparison

EIPI's dividend yield for the trailing twelve months is around 6.78%, less than ARMW's 15.20% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%
EIPI FT Energy Income Partners Enhanced Income ETF	6.78%	9.71%	6.31%

Frequently Asked Questions

Can I hold both EIPI and ARMW in my portfolio?

EIPI and ARMW have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EIPI 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, EIPI or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.11% for EIPI.

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

ARMW has the higher dividend yield at 15.20%, compared with 6.78% for EIPI.

What is the main difference between EIPI and ARMW?

They also come from different issuers: First Trust and Roundhill Investments. Their fees differ too: 1.11% for EIPI and 0.99% for ARMW.