IDVO vs. ARMW

Last updated Aug 2, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their 0.46 correlation means their historical movements had little consistent relationship. IDVO charges 0.65%/yr vs 0.99%/yr for ARMW.

Performance

IDVO vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP International Enhanced Dividend Income ETF (IDVO) 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, IDVO achieves a 15.27% return, which is significantly lower than ARMW's 134.95% return.

IDVO

• 1D: -0.12%
• 1M: 2.62%
• 6M: 5.05%
• YTD: 15.27%
• 1Y: 35.30%
• 3Y*: 21.67%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.98%

ARMW

• 1D: -1.33%
• 1M: -28.55%
• 6M: 146.99%
• YTD: 134.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARMW Roundhill ARM WeeklyPay ETF	$3.87M	$4.86M	$4.12M
IDVO Amplify CWP International Enhanced Dividend Income ETF	$9.04M	$8.69M	$10.70M

IDVO vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
IDVO Amplify CWP International Enhanced Dividend Income ETF	15.27%	4.96%
ARMW Roundhill ARM WeeklyPay ETF	134.95%	-41.28%

Correlation

The correlation between IDVO and ARMW is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.46

IDVO vs. ARMW - Sectors Allocation Comparison

Sectors	IDVO	ARMW
Financial Services	22.3%	-
Basic Materials	13.2%	-
Energy	12.7%	-
Technology	11.9%	18.0%
Communication Services	10.7%	-
Consumer Defensive	9.5%	-
Healthcare	7.5%	-
Industrials	6.9%	-
Utilities	3.1%	-
Consumer Cyclical	2.2%	-
Real Estate	-	-

Return for Risk

IDVO vs. ARMW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IDVO

IDVO Risk / Return Rank: 86
IDVO Sharpe Ratio Rank: 87
IDVO Sortino Ratio Rank: 85
IDVO Omega Ratio Rank: 86
IDVO Calmar Ratio Rank: 86
IDVO Martin Ratio Rank: 86

ARMW

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IDVO vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) 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.

	IDVO	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.78	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.32	—	—
Martin ratio: Return relative to average drawdown	12.24	—	—

Drawdowns

IDVO vs. ARMW - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum ARMW drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for IDVO and ARMW.

Drawdown Indicators

	IDVO	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-56.50%	+41.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	—	—
Current Drawdown Current decline from peak	-0.26%	-52.71%	+52.45%
Average Drawdown Average peak-to-trough decline	-2.29%	-27.18%	+24.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	—	—

Volatility

Volatility by Period

	IDVO	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.69%	96.03%	-79.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	96.03%	-79.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	96.03%	-79.60%

IDVO vs. ARMW - Expense Ratio Comparison

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

Dividends

IDVO vs. ARMW - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.66%, less than ARMW's 62.70% yield.

Position	TTM	2025	2024	2023	2022
ARMW Roundhill ARM WeeklyPay ETF	62.70%	16.38%	0.00%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.66%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both IDVO and ARMW in my portfolio?

IDVO and ARMW have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVO or ARMW?

On fees, IDVO 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, IDVO or ARMW?

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

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

ARMW has the higher dividend yield at 62.70%, compared with 5.66% for IDVO.

What is the main difference between IDVO and ARMW?

They also come from different issuers: Amplify and Roundhill. Their fees differ too: 0.65% for IDVO and 0.99% for ARMW.