FIAT vs. ARMW
FIAT (YieldMax Short COIN Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their -0.36 correlation means they have often moved in opposite directions in the past. Both charge a 0.99% expense ratio.
Performance
FIAT vs. ARMW - Performance Comparison
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Returns By Period
In the year-to-date period, FIAT achieves a 20.47% return, which is significantly lower than ARMW's 133.71% return.
FIAT
- 1D
- 0.37%
- 1M
- 10.33%
- 6M
- 5.84%
- YTD
- 20.47%
- 1Y
- 46.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -18.39%
ARMW
- 1D
- -0.53%
- 1M
- -28.93%
- 6M
- 143.26%
- YTD
- 133.71%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.40M | $4.54M | $4.17M | |
| $1.18M | $1.16M | $1.55M |
FIAT vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FIAT YieldMax Short COIN Option Income Strategy ETF | 20.47% | 27.93% |
ARMW Roundhill ARM WeeklyPay ETF | 133.71% | -41.28% |
Correlation
The correlation between FIAT and ARMW is -0.36, 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 | -0.36 |
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Return for Risk
FIAT vs. ARMW — Risk / Return Rank
FIAT
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIAT vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short COIN Option Income Strategy ETF (FIAT) 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.
| FIAT | ARMW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | — | — |
| Martin ratioReturn relative to average drawdown | 2.83 | — | — |
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Drawdowns
FIAT vs. ARMW - Drawdown Comparison
The maximum FIAT drawdown since its inception was -70.50%, which is greater than ARMW's maximum drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for FIAT and ARMW.
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Drawdown Indicators
| FIAT | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -56.50% | -14.00% |
Max Drawdown (1Y)Largest decline over 1 year | -34.22% | — | — |
Current DrawdownCurrent decline from peak | -48.08% | -52.96% | +4.88% |
Average DrawdownAverage peak-to-trough decline | -45.69% | -27.31% | -18.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.56% | — | — |
Volatility
FIAT vs. ARMW - Volatility Comparison
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Volatility by Period
| FIAT | ARMW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 45.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.41% | 95.78% | -42.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.06% | 95.78% | -35.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.06% | 95.78% | -35.72% |
FIAT vs. ARMW - Expense Ratio Comparison
Both FIAT and ARMW have an expense ratio of 0.99%.
Dividends
FIAT vs. ARMW - Dividend Comparison
FIAT's dividend yield for the trailing twelve months is around 100.80%, more than ARMW's 66.19% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 66.19% | 16.38% | 0.00% |
FIAT YieldMax Short COIN Option Income Strategy ETF | 100.80% | 178.11% | 70.99% |
Frequently Asked Questions
FIAT and ARMW have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FIAT and ARMW have the same expense ratio: 0.99% per year.
FIAT has the higher dividend yield at 100.80%, compared with 66.19% for ARMW.
They also come from different issuers: YieldMax and Roundhill.
Find the right allocation for FIAT and ARMW
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