METW vs. VOX

Last updated Jun 24, 2026

METW (Roundhill Meta Weeklypay ETF) and VOX (Vanguard Communication Services ETF) are both exchange-traded funds - METW is a Technology Equities fund tracking the Ball Metaverse Index, while VOX is a Communications Equities fund tracking the MSCI US Investable Market Communication Services 25/50 Index. Both are passively managed. Over the past year, METW returned -26.35% vs 12.86% for VOX. A 0.76 correlation means they provide meaningful diversification when combined. METW charges 0.59%/yr vs 0.09%/yr for VOX.

Performance

METW vs. VOX - Performance Comparison

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

Returns By Period

In the year-to-date period, METW achieves a -19.43% return, which is significantly lower than VOX's -5.35% return.

METW

• 1D: -0.28%
• 1M: -9.52%
• YTD: -19.43%
• 6M: -20.16%
• 1Y: -26.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOX

• 1D: 0.26%
• 1M: -6.50%
• YTD: -5.35%
• 6M: -5.46%
• 1Y: 12.86%
• 3Y*: 21.81%
• 5Y*: 6.02%
• 10Y*: 8.42%

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

METW vs. VOX - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-19.43%	-9.14%
VOX Vanguard Communication Services ETF	-5.35%	18.98%

Correlation

The correlation between METW and VOX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.76

The correlation between METW and VOX has been stable across timeframes, ranging from 0.75 to 0.76 - a consistent structural relationship.

Return for Risk

METW vs. VOX — Risk / Return Rank

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

METW

METW Risk / Return Rank: 4
METW Sharpe Ratio Rank: 4
METW Sortino Ratio Rank: 4
METW Omega Ratio Rank: 4
METW Calmar Ratio Rank: 4
METW Martin Ratio Rank: 3

VOX

VOX Risk / Return Rank: 24
VOX Sharpe Ratio Rank: 24
VOX Sortino Ratio Rank: 24
VOX Omega Ratio Rank: 23
VOX Calmar Ratio Rank: 21
VOX Martin Ratio Rank: 26

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. VOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) and Vanguard Communication Services ETF (VOX). 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	VOX	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	0.82	-1.43
Sortino ratio: Return per unit of downside risk	-0.69	1.25	-1.95
Omega ratio: Gain probability vs. loss probability	0.91	1.15	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.65	0.95	-1.61
Martin ratio: Return relative to average drawdown	-1.25	3.37	-4.63

METW vs. VOX - Sharpe Ratio Comparison

The current METW Sharpe Ratio is -0.61, which is lower than the VOX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of METW and VOX, 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. VOX - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, smaller than the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for METW and VOX.

Drawdown Indicators

	METW	VOX	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-57.18%	+16.66%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-13.56%	-26.96%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.76%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.76%	—
Current Drawdown Current decline from peak	-36.08%	-8.53%	-27.55%
Average Drawdown Average peak-to-trough decline	-18.08%	-11.90%	-6.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.11%	3.82%	+17.29%

Volatility

METW vs. VOX - Volatility Comparison

Roundhill Meta Weeklypay ETF (METW) has a higher volatility of 15.67% compared to Vanguard Communication Services ETF (VOX) at 5.44%. This indicates that METW's price experiences larger fluctuations and is considered to be riskier than VOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	METW	VOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.67%	5.44%	+10.23%
Volatility (6M) Calculated over the trailing 6-month period	33.51%	11.89%	+21.62%
Volatility (1Y) Calculated over the trailing 1-year period	43.19%	15.80%	+27.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.09%	21.24%	+21.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.09%	20.93%	+22.16%

METW vs. VOX - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is higher than VOX's 0.09% expense ratio.

Dividends

METW vs. VOX - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 66.02%, more than VOX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
METW Roundhill Meta Weeklypay ETF	66.02%	30.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOX Vanguard Communication Services ETF	1.04%	0.95%	1.05%	1.03%	0.88%	0.93%	0.73%	0.90%	2.77%	3.83%	2.67%	3.55%

Frequently Asked Questions

Can I hold both METW and VOX in my portfolio?

METW and VOX have a correlation of 0.75, 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 VOX?

METW has higher volatility (15.67%) compared to VOX (5.44%). In terms of maximum drawdown, METW dropped -40.52% vs VOX's -57.18%.

Which ETF is better, METW or VOX?

On 1-year performance, VOX leads with 12.86% vs -26.35% for METW. On fees, VOX is cheaper at 0.09% per year. On volatility, VOX has been the lower-risk option at 5.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METW or VOX?

Over the 1-year period, VOX has performed better with a 12.86% return vs -26.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METW or VOX?

VOX is cheaper with a 0.09% expense ratio, compared with 0.59% for METW.

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

METW has the higher dividend yield at 66.02%, compared with 1.04% for VOX.

What is the main difference between METW and VOX?

METW is categorized as Technology Equities, while VOX is Communications Equities. METW tracks Ball Metaverse Index, while VOX tracks MSCI US Investable Market Communication Services 25/50 Index. They also come from different issuers: Roundhill and Vanguard. Their fees differ too: 0.59% for METW and 0.09% for VOX.

Which has better risk-adjusted returns?

VOX currently has the higher Sharpe Ratio (0.82 vs -0.61), 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.