FIYY vs. ARMW

Last updated Jul 4, 2026

FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. FIYY charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

FIYY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FIYY

• 1D: 0.16%
• 1M: -0.25%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -8.74%
• 1M: -29.01%
• 6M: 211.76%
• YTD: 228.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FIYY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.90%
ARMW Roundhill ARM WeeklyPay ETF	62.40%

Correlation

The correlation between FIYY and ARMW is 0.18, 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 May 5, 2026	0.18

Return for Risk

FIYY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY) 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.

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

Drawdowns

FIYY vs. ARMW - Drawdown Comparison

The maximum FIYY drawdown since its inception was -2.42%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for FIYY and ARMW.

Drawdown Indicators

	FIYY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-2.42%	-48.47%	+46.05%
Current Drawdown Current decline from peak	-2.02%	-33.82%	+31.80%
Average Drawdown Average peak-to-trough decline	-1.36%	-25.34%	+23.98%

Volatility

Volatility by Period

	FIYY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	5.29%	94.35%	-89.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.29%	94.35%	-89.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.29%	94.35%	-89.06%

FIYY vs. ARMW - Expense Ratio Comparison

FIYY has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

FIYY vs. ARMW - Dividend Comparison

FIYY's dividend yield for the trailing twelve months is around 1.09%, less than ARMW's 36.90% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	36.90%	16.38%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.09%	0.00%

Frequently Asked Questions

Can I hold both FIYY and ARMW in my portfolio?

FIYY and ARMW have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FIYY 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, FIYY or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for FIYY.

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

ARMW has the higher dividend yield at 36.90%, compared with 1.09% for FIYY.

What is the main difference between FIYY and ARMW?

They also come from different issuers: GraniteShares and Roundhill Investments. Their fees differ too: 1.07% for FIYY and 0.99% for ARMW.