METV vs. ARMW

Last updated Jun 4, 2026

METV (Roundhill Ball Metaverse ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both exchange-traded funds - METV is a Technology Equities fund tracking the Ball Metaverse Index - Benchmark TR Net, while ARMW is a Derivative Income fund actively managed by Roundhill Investments. METV is passively managed, while ARMW is actively managed. A 0.61 correlation means they provide meaningful diversification when combined. METV charges 0.75%/yr vs 0.99%/yr for ARMW.

Performance

METV vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Ball Metaverse ETF (METV) 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, METV achieves a 1.54% return, which is significantly lower than ARMW's 363.23% return.

METV

• 1D: -1.29%
• 1M: 5.65%
• YTD: 1.54%
• 6M: -2.08%
• 1Y: 20.08%
• 3Y*: 23.94%
• 5Y*: —
• 10Y*: —

ARMW

• 1D: 3.44%
• 1M: 128.75%
• YTD: 363.23%
• 6M: 245.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METV vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
METV Roundhill Ball Metaverse ETF	1.54%	-7.91%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between METV and ARMW is 0.61, 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 Oct 24, 2025	0.61

METV vs. ARMW - Sectors Allocation Comparison

Sectors	METV	ARMW
Technology	50.4%	36.0%
Communication Services	38.1%	-
Consumer Cyclical	8.2%	-
Financial Services	3.3%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

METV vs. ARMW — Risk / Return Rank

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

METV

METV Risk / Return Rank: 21
METV Sharpe Ratio Rank: 24
METV Sortino Ratio Rank: 23
METV Omega Ratio Rank: 23
METV Calmar Ratio Rank: 18
METV Martin Ratio Rank: 17

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.

METV vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ball Metaverse ETF (METV) 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.

	METV	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	0.84	—	—
Sortino ratio: Return per unit of downside risk	1.26	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	0.71	—	—
Martin ratio: Return relative to average drawdown	1.64	—	—
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

	METV	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	4.96	-4.79

Drawdowns

METV vs. ARMW - Drawdown Comparison

The maximum METV drawdown since its inception was -59.64%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for METV and ARMW.

Drawdown Indicators

	METV	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-59.64%	-48.47%	-11.17%
Max Drawdown (1Y) Largest decline over 1 year	-28.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.27%	—	—
Current Drawdown Current decline from peak	-10.18%	0.00%	-10.18%
Average Drawdown Average peak-to-trough decline	-26.00%	-26.55%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.29%	—	—

Volatility

Volatility by Period

	METV	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.88%	88.46%	-64.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.96%	88.46%	-58.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.96%	88.46%	-58.50%

METV vs. ARMW - Expense Ratio Comparison

METV has a 0.75% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

METV vs. ARMW - Dividend Comparison

METV's dividend yield for the trailing twelve months is around 0.18%, less than ARMW's 15.20% yield.

Position	TTM	2025	2024	2023	2022
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%	0.00%	0.00%
METV Roundhill Ball Metaverse ETF	0.18%	0.18%	0.00%	0.17%	0.09%

Frequently Asked Questions

Can I hold both METV and ARMW in my portfolio?

METV and ARMW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METV or ARMW?

On fees, METV is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METV or ARMW?

METV is cheaper with a 0.75% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 0.18% for METV.

What is the main difference between METV and ARMW?

METV is categorized as Technology Equities, while ARMW is Derivative Income. Their fees differ too: 0.75% for METV and 0.99% for ARMW.