HYTI vs. ARMW

Last updated Jun 7, 2026

HYTI (FT Vest High Yield & Target Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. HYTI charges 0.65%/yr vs 0.99%/yr for ARMW.

Performance

HYTI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest High Yield & Target Income ETF (HYTI) 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, HYTI achieves a 1.24% return, which is significantly lower than ARMW's 272.94% return.

HYTI

• 1D: -0.65%
• 1M: -0.42%
• YTD: 1.24%
• 6M: 1.77%
• 1Y: 6.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -14.58%
• 1M: 73.66%
• YTD: 272.94%
• 6M: 172.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYTI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
HYTI FT Vest High Yield & Target Income ETF	1.24%	1.31%
ARMW Roundhill ARM WeeklyPay ETF	272.94%	-40.49%

Correlation

The correlation between HYTI and ARMW is 0.42, 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	0.42

Return for Risk

HYTI vs. ARMW — Risk / Return Rank

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

HYTI

HYTI Risk / Return Rank: 57
HYTI Sharpe Ratio Rank: 52
HYTI Sortino Ratio Rank: 55
HYTI Omega Ratio Rank: 55
HYTI Calmar Ratio Rank: 57
HYTI Martin Ratio Rank: 66

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.

HYTI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest High Yield & Target Income ETF (HYTI) 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.

	HYTI	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.68	—	—
Martin ratio: Return relative to average drawdown	11.33	—	—
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

	HYTI	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	2.98	-1.77

Drawdowns

HYTI vs. ARMW - Drawdown Comparison

The maximum HYTI drawdown since its inception was -4.47%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for HYTI and ARMW.

Drawdown Indicators

	HYTI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-4.47%	-48.47%	+44.00%
Max Drawdown (1Y) Largest decline over 1 year	-2.38%	—	—
Current Drawdown Current decline from peak	-0.65%	-19.49%	+18.84%
Average Drawdown Average peak-to-trough decline	-0.46%	-26.37%	+25.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	—	—

Volatility

Volatility by Period

	HYTI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	90.43%	-86.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.23%	90.43%	-85.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.23%	90.43%	-85.20%

HYTI vs. ARMW - Expense Ratio Comparison

HYTI has a 0.65% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

HYTI vs. ARMW - Dividend Comparison

HYTI's dividend yield for the trailing twelve months is around 10.46%, less than ARMW's 18.88% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	18.88%	16.38%
HYTI FT Vest High Yield & Target Income ETF	10.46%	8.10%

Frequently Asked Questions

Can I hold both HYTI and ARMW in my portfolio?

HYTI and ARMW have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYTI or ARMW?

On fees, HYTI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYTI or ARMW?

HYTI is cheaper with a 0.65% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 18.88%, compared with 10.46% for HYTI.

What is the main difference between HYTI and ARMW?

They also come from different issuers: FT Vest and Roundhill Investments. Their fees differ too: 0.65% for HYTI and 0.99% for ARMW.