HOYY vs. ARMW

Last updated Jul 16, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. HOYY charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

HOYY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HOOD ETF (HOYY) 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, HOYY achieves a -26.09% return, which is significantly lower than ARMW's 182.49% return.

HOYY

• 1D: 1.95%
• 1M: 1.74%
• 6M: -31.72%
• YTD: -26.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -1.09%
• 1M: -38.97%
• 6M: 199.70%
• YTD: 182.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOYY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-26.09%	-16.56%
ARMW Roundhill ARM WeeklyPay ETF	182.49%	-41.28%

Correlation

The correlation between HOYY and ARMW is 0.34, 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	0.34

Return for Risk

HOYY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) 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

HOYY vs. ARMW - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.54%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for HOYY and ARMW.

Drawdown Indicators

	HOYY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-48.47%	-3.07%
Current Drawdown Current decline from peak	-47.06%	-43.15%	-3.91%
Average Drawdown Average peak-to-trough decline	-34.65%	-25.84%	-8.81%

Volatility

Volatility by Period

	HOYY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.83%	95.02%	-60.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.83%	95.02%	-60.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.83%	95.02%	-60.19%

HOYY vs. ARMW - Expense Ratio Comparison

HOYY has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

HOYY vs. ARMW - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 203.34%, more than ARMW's 46.80% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	46.80%	16.38%
HOYY GraniteShares YieldBOOST HOOD ETF	203.34%	50.51%

Frequently Asked Questions

Can I hold both HOYY and ARMW in my portfolio?

HOYY and ARMW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOYY or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOYY or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for HOYY.

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

HOYY has the higher dividend yield at 203.34%, compared with 46.80% for ARMW.

What is the main difference between HOYY and ARMW?

They also come from different issuers: GraniteShares and Roundhill Investments. Their fees differ too: 1.07% for HOYY and 0.99% for ARMW.