METW vs. PLTW

Last updated Jul 17, 2026

METW (Roundhill Meta Weeklypay ETF) and PLTW (PLTR WeeklyPay™ ETF) are both exchange-traded funds - METW is a Technology Equities fund tracking the Ball Metaverse Index, while PLTW is a Derivative Income fund actively managed by Roundhill. METW is passively managed, while PLTW is actively managed. Over the past year, METW returned -11.12% vs -20.56% for PLTW. At a 0.31 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 0.99%/yr for PLTW.

Performance

METW vs. PLTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) and PLTR WeeklyPay™ ETF (PLTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, METW achieves a -2.29% return, which is significantly higher than PLTW's -31.68% return.

METW

• 1D: -3.04%
• 1M: 12.30%
• 6M: 5.60%
• YTD: -2.29%
• 1Y: -11.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTW

• 1D: 0.42%
• 1M: 0.62%
• 6M: -31.01%
• YTD: -31.68%
• 1Y: -20.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. PLTW - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-2.29%	-9.14%
PLTW PLTR WeeklyPay™ ETF	-31.68%	28.76%

Correlation

The correlation between METW and PLTW is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.31

METW vs. PLTW - Sectors Allocation Comparison

Sectors	METW	PLTW
Communication Services	23.8%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	20.0%
Utilities	-	-

Return for Risk

METW vs. PLTW — Risk / Return Rank

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

METW

METW Risk / Return Rank: 7
METW Sharpe Ratio Rank: 7
METW Sortino Ratio Rank: 8
METW Omega Ratio Rank: 8
METW Calmar Ratio Rank: 7
METW Martin Ratio Rank: 7

PLTW

PLTW Risk / Return Rank: 7
PLTW Sharpe Ratio Rank: 6
PLTW Sortino Ratio Rank: 7
PLTW Omega Ratio Rank: 7
PLTW Calmar Ratio Rank: 6
PLTW Martin Ratio Rank: 6

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.

METW vs. PLTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) and PLTR WeeklyPay™ ETF (PLTW). 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.

	METW	PLTW	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	-0.33	+0.09
Sortino ratio: Return per unit of downside risk	-0.04	-0.09	+0.05
Omega ratio: Gain probability vs. loss probability	0.99	0.99	+0.01
Calmar ratio: Return relative to maximum drawdown	-0.28	-0.36	+0.08
Martin ratio: Return relative to average drawdown	-0.50	-0.69	+0.19

METW vs. PLTW - Sharpe Ratio Comparison

The current METW Sharpe Ratio is -0.24, which is comparable to the PLTW Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of METW and PLTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

METW vs. PLTW - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, smaller than the maximum PLTW drawdown of -57.27%. Use the drawdown chart below to compare losses from any high point for METW and PLTW.

Drawdown Indicators

	METW	PLTW	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-57.27%	+16.75%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-57.27%	+16.75%
Current Drawdown Current decline from peak	-22.47%	-44.12%	+21.65%
Average Drawdown Average peak-to-trough decline	-18.77%	-24.49%	+5.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.42%	29.84%	-7.42%

Volatility

METW vs. PLTW - Volatility Comparison

Roundhill Meta Weeklypay ETF (METW) and PLTR WeeklyPay™ ETF (PLTW) have volatilities of 18.87% and 18.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METW	PLTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.87%	18.73%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	37.21%	48.03%	-10.82%
Volatility (1Y) Calculated over the trailing 1-year period	46.05%	61.70%	-15.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.04%	73.81%	-28.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.04%	73.81%	-28.77%

METW vs. PLTW - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than PLTW's 0.99% expense ratio.

Dividends

METW vs. PLTW - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 53.86%, less than PLTW's 126.22% yield.

Position	TTM	2025
METW Roundhill Meta Weeklypay ETF	53.86%	30.89%
PLTW PLTR WeeklyPay™ ETF	126.22%	72.40%

Frequently Asked Questions

Can I hold both METW and PLTW in my portfolio?

METW and PLTW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, METW or PLTW?

METW has higher volatility (18.87%) compared to PLTW (18.73%). In terms of maximum drawdown, METW dropped -40.52% vs PLTW's -57.27%.

Which ETF is better, METW or PLTW?

On 1-year performance, METW leads with -11.12% vs -20.56% for PLTW. On fees, METW is cheaper at 0.59% per year. On volatility, PLTW has been the lower-risk option at 18.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METW or PLTW?

Over the 1-year period, METW has performed better with a -11.12% return vs -20.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METW or PLTW?

METW is cheaper with a 0.59% expense ratio, compared with 0.99% for PLTW.

Which ETF pays a higher dividend yield, METW or PLTW?

PLTW has the higher dividend yield at 126.22%, compared with 53.86% for METW.

What is the main difference between METW and PLTW?

METW is categorized as Technology Equities, while PLTW is Derivative Income. Their fees differ too: 0.59% for METW and 0.99% for PLTW.

Which has better risk-adjusted returns?

METW currently has the higher Sharpe Ratio (-0.24 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.