GLDY vs. ARMW
GLDY (Defiance Gold Enhanced Options Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.14 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
GLDY vs. ARMW - Performance Comparison
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Returns By Period
In the year-to-date period, GLDY achieves a -8.97% return, which is significantly lower than ARMW's 297.09% return.
GLDY
- 1D
- -1.42%
- 1M
- -7.47%
- YTD
- -8.97%
- 6M
- -11.98%
- 1Y
- 3.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARMW
- 1D
- -13.02%
- 1M
- 22.00%
- YTD
- 297.09%
- 6M
- 286.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDY vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDY Defiance Gold Enhanced Options Income ETF | -8.97% | 3.67% |
ARMW Roundhill ARM WeeklyPay ETF | 297.09% | -41.28% |
Correlation
The correlation between GLDY and ARMW is 0.14, 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 23, 2025 | 0.14 |
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Return for Risk
GLDY vs. ARMW — Risk / Return Rank
GLDY
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GLDY vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GLDY) 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.
| GLDY | ARMW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.06 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | — | — |
| Martin ratioReturn relative to average drawdown | 0.54 | — | — |
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Drawdowns
GLDY vs. ARMW - Drawdown Comparison
The maximum GLDY drawdown since its inception was -25.90%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for GLDY and ARMW.
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Drawdown Indicators
| GLDY | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.90% | -48.47% | +22.57% |
Max Drawdown (1Y)Largest decline over 1 year | -25.90% | — | — |
Current DrawdownCurrent decline from peak | -19.05% | -20.08% | +1.03% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -25.29% | +20.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.91% | — | — |
Volatility
GLDY vs. ARMW - Volatility Comparison
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Volatility by Period
| GLDY | ARMW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.83% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 23.20% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.59% | 94.74% | -70.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.27% | 94.74% | -71.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.27% | 94.74% | -71.47% |
GLDY vs. ARMW - Expense Ratio Comparison
Both GLDY and ARMW have an expense ratio of 0.99%.
Dividends
GLDY vs. ARMW - Dividend Comparison
GLDY's dividend yield for the trailing twelve months is around 51.60%, more than ARMW's 25.98% yield.
| Position | TTM | 2025 |
|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 25.98% | 16.38% |
GLDY Defiance Gold Enhanced Options Income ETF | 51.60% | 37.38% |
Frequently Asked Questions
GLDY and ARMW have a correlation of 0.14, 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.
GLDY and ARMW have the same expense ratio: 0.99% per year.
GLDY has the higher dividend yield at 51.60%, compared with 25.98% for ARMW.
They also come from different issuers: Defiance and Roundhill Investments.
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