GRNI vs. ARMW

Last updated Jun 5, 2026

GRNI (Fundstrat Granny Shots US Large Cap & Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

GRNI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) 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, GRNI achieves a 10.36% return, which is significantly lower than ARMW's 336.58% return.

GRNI

• 1D: 0.76%
• 1M: 3.75%
• YTD: 10.36%
• 6M: 9.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -5.75%
• 1M: 108.38%
• YTD: 336.58%
• 6M: 222.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GRNI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	10.36%	2.85%
ARMW Roundhill ARM WeeklyPay ETF	336.58%	-23.86%

Correlation

The correlation between GRNI and ARMW is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.55

Return for Risk

GRNI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) 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.

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

Sharpe Ratios by Period

	GRNI	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	4.33	-2.78

Drawdowns

GRNI vs. ARMW - Drawdown Comparison

The maximum GRNI drawdown since its inception was -9.55%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for GRNI and ARMW.

Drawdown Indicators

	GRNI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-9.55%	-48.47%	+38.92%
Current Drawdown Current decline from peak	0.00%	-5.75%	+5.75%
Average Drawdown Average peak-to-trough decline	-2.10%	-26.42%	+24.32%

Volatility

Volatility by Period

	GRNI	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	88.57%	-71.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.30%	88.57%	-71.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.30%	88.57%	-71.27%

GRNI vs. ARMW - Expense Ratio Comparison

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

Dividends

GRNI vs. ARMW - Dividend Comparison

GRNI's dividend yield for the trailing twelve months is around 4.76%, less than ARMW's 16.13% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	16.13%	16.38%
GRNI Fundstrat Granny Shots US Large Cap & Income ETF	4.76%	0.83%

Frequently Asked Questions

Can I hold both GRNI and ARMW in my portfolio?

GRNI and ARMW have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GRNI 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, GRNI or ARMW?

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

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

ARMW has the higher dividend yield at 16.13%, compared with 4.76% for GRNI.

What is the main difference between GRNI and ARMW?

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