HEMI vs. ARMW

Last updated Jul 18, 2026

HEMI (Hartford Equity Premium Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. HEMI charges 0.49%/yr vs 0.99%/yr for ARMW.

Performance

HEMI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Equity Premium Income ETF (HEMI) 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, HEMI achieves a 7.85% return, which is significantly lower than ARMW's 169.55% return.

HEMI

• 1D: -0.88%
• 1M: 1.10%
• 6M: 6.02%
• YTD: 7.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: 3.00%
• 1M: -42.80%
• 6M: 180.14%
• YTD: 169.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HEMI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
HEMI Hartford Equity Premium Income ETF	7.85%	0.75%
ARMW Roundhill ARM WeeklyPay ETF	169.55%	-11.69%

Correlation

The correlation between HEMI and ARMW is 0.54, 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 Dec 17, 2025	0.54

HEMI vs. ARMW - Sectors Allocation Comparison

Sectors	HEMI	ARMW
Technology	38.3%	20.0%
Communication Services	12.8%	-
Financial Services	10.9%	-
Consumer Cyclical	10.2%	-
Industrials	8.7%	-
Healthcare	7.1%	-
Consumer Defensive	3.3%	-
Energy	3.1%	-
Utilities	2.4%	-
Basic Materials	2.2%	-
Real Estate	1.2%	-

Return for Risk

HEMI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Equity Premium Income ETF (HEMI) 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

HEMI vs. ARMW - Drawdown Comparison

The maximum HEMI drawdown since its inception was -7.80%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for HEMI and ARMW.

Drawdown Indicators

	HEMI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-7.80%	-48.47%	+40.67%
Current Drawdown Current decline from peak	-1.80%	-45.75%	+43.95%
Average Drawdown Average peak-to-trough decline	-1.32%	-26.07%	+24.75%

Volatility

Volatility by Period

	HEMI	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.31%	94.98%	-81.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.31%	94.98%	-81.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.31%	94.98%	-81.67%

HEMI vs. ARMW - Expense Ratio Comparison

HEMI has a 0.49% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

HEMI vs. ARMW - Dividend Comparison

HEMI's dividend yield for the trailing twelve months is around 4.30%, less than ARMW's 49.05% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	49.05%	16.38%
HEMI Hartford Equity Premium Income ETF	4.30%	0.00%

Frequently Asked Questions

Can I hold both HEMI and ARMW in my portfolio?

HEMI and ARMW have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HEMI or ARMW?

On fees, HEMI is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HEMI or ARMW?

HEMI is cheaper with a 0.49% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 49.05%, compared with 4.30% for HEMI.

What is the main difference between HEMI and ARMW?

They also come from different issuers: Hartford Funds and Roundhill Investments. Their fees differ too: 0.49% for HEMI and 0.99% for ARMW.