FYEE vs. ARMW
FYEE (Fidelity Yield Enhanced Equity ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their 0.52 correlation means they have sometimes moved together and sometimes differently. FYEE charges 0.28%/yr vs 0.99%/yr for ARMW.
Performance
FYEE vs. ARMW - Performance Comparison
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Returns By Period
In the year-to-date period, FYEE achieves a 10.63% return, which is significantly lower than ARMW's 184.82% return.
FYEE
- 1D
- 0.52%
- 1M
- 4.18%
- 6M
- 9.07%
- YTD
- 10.63%
- 1Y
- 22.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.62%
ARMW
- 1D
- 21.87%
- 1M
- -13.39%
- 6M
- 202.81%
- YTD
- 184.82%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.27M | $4.47M | $4.19M | |
| $2.01M | $2.04M | $2.27M |
FYEE vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FYEE Fidelity Yield Enhanced Equity ETF | 10.63% | 4.30% |
ARMW Roundhill ARM WeeklyPay ETF | 184.82% | -41.28% |
Correlation
The correlation between FYEE and ARMW is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.52 |
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Return for Risk
FYEE vs. ARMW — Risk / Return Rank
FYEE
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FYEE vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Yield Enhanced Equity ETF (FYEE) 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.
| FYEE | ARMW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | — | — |
| Martin ratioReturn relative to average drawdown | 14.89 | — | — |
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Drawdowns
FYEE vs. ARMW - Drawdown Comparison
The maximum FYEE drawdown since its inception was -18.79%, smaller than the maximum ARMW drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for FYEE and ARMW.
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Drawdown Indicators
| FYEE | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.79% | -56.50% | +37.71% |
Max Drawdown (1Y)Largest decline over 1 year | -7.39% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -42.68% | +42.68% |
Average DrawdownAverage peak-to-trough decline | -2.16% | -27.39% | +25.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | — | — |
Volatility
FYEE vs. ARMW - Volatility Comparison
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Volatility by Period
| FYEE | ARMW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 98.62% | -87.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.77% | 98.62% | -84.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.77% | 98.62% | -84.85% |
FYEE vs. ARMW - Expense Ratio Comparison
FYEE has a 0.28% expense ratio, which is lower than ARMW's 0.99% expense ratio.
Dividends
FYEE vs. ARMW - Dividend Comparison
FYEE's dividend yield for the trailing twelve months is around 8.21%, less than ARMW's 54.31% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 54.31% | 16.38% | 0.00% |
FYEE Fidelity Yield Enhanced Equity ETF | 8.21% | 7.08% | 5.45% |
Frequently Asked Questions
FYEE and ARMW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FYEE is cheaper with a 0.28% expense ratio, compared with 0.99% for ARMW.
ARMW has the higher dividend yield at 54.31%, compared with 8.21% for FYEE.
They also come from different issuers: Fidelity and Roundhill. Their fees differ too: 0.28% for FYEE and 0.99% for ARMW.
Find the right allocation for FYEE and ARMW
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