GDXY vs. ARMW

Last updated Jun 4, 2026

GDXY (YieldMax Gold Miners Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

GDXY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Gold Miners Option Income Strategy ETF (GDXY) 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, GDXY achieves a -6.82% return, which is significantly lower than ARMW's 363.23% return.

GDXY

• 1D: -2.47%
• 1M: -2.37%
• YTD: -6.82%
• 6M: -3.09%
• 1Y: 30.32%
• 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)

GDXY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
GDXY YieldMax Gold Miners Option Income Strategy ETF	-6.82%	11.33%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between GDXY and ARMW is 0.19, 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 Oct 24, 2025	0.19

Return for Risk

GDXY vs. ARMW — Risk / Return Rank

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

GDXY

GDXY Risk / Return Rank: 23
GDXY Sharpe Ratio Rank: 23
GDXY Sortino Ratio Rank: 22
GDXY Omega Ratio Rank: 25
GDXY Calmar Ratio Rank: 23
GDXY Martin Ratio Rank: 22

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.

GDXY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Gold Miners Option Income Strategy ETF (GDXY) 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.

	GDXY	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	0.83	—	—
Sortino ratio: Return per unit of downside risk	1.18	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.09	—	—
Martin ratio: Return relative to average drawdown	2.77	—	—
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

	GDXY	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	4.96	-4.20

Drawdowns

GDXY vs. ARMW - Drawdown Comparison

The maximum GDXY drawdown since its inception was -28.03%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for GDXY and ARMW.

Drawdown Indicators

	GDXY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-28.03%	-48.47%	+20.44%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	—	—
Current Drawdown Current decline from peak	-25.20%	0.00%	-25.20%
Average Drawdown Average peak-to-trough decline	-6.40%	-26.55%	+20.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	—	—

Volatility

Volatility by Period

	GDXY	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.57%	88.46%	-51.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.73%	88.46%	-56.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.73%	88.46%	-56.73%

GDXY vs. ARMW - Expense Ratio Comparison

Both GDXY and ARMW have an expense ratio of 0.99%.

Dividends

GDXY vs. ARMW - Dividend Comparison

GDXY's dividend yield for the trailing twelve months is around 74.25%, more than ARMW's 15.20% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%
GDXY YieldMax Gold Miners Option Income Strategy ETF	74.25%	52.13%	23.91%

Frequently Asked Questions

Can I hold both GDXY and ARMW in my portfolio?

GDXY and ARMW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDXY or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDXY or ARMW?

GDXY and ARMW have the same expense ratio: 0.99% per year.

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

GDXY has the higher dividend yield at 74.25%, compared with 15.20% for ARMW.

What is the main difference between GDXY and ARMW?

They also come from different issuers: YieldMax and Roundhill Investments.