MRA vs. ARMW

Last updated Jul 4, 2026

MRA (GraniteShares Autocallable MARA ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. MRA charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

MRA vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Autocallable MARA ETF (MRA) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MRA

• 1D: -1.67%
• 1M: -2.40%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -8.74%
• 1M: -29.01%
• 6M: 211.76%
• YTD: 228.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MRA vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
MRA GraniteShares Autocallable MARA ETF	-4.43%
ARMW Roundhill ARM WeeklyPay ETF	-4.51%

Correlation

The correlation between MRA and ARMW is 0.51, 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 May 27, 2026	0.51

Return for Risk

MRA vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable MARA ETF (MRA) 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.

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

Drawdowns

MRA vs. ARMW - Drawdown Comparison

The maximum MRA drawdown since its inception was -8.56%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for MRA and ARMW.

Drawdown Indicators

	MRA	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-8.56%	-48.47%	+39.91%
Current Drawdown Current decline from peak	-6.35%	-33.82%	+27.47%
Average Drawdown Average peak-to-trough decline	-2.47%	-25.34%	+22.87%

Volatility

Volatility by Period

	MRA	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	37.59%	94.35%	-56.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.59%	94.35%	-56.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.59%	94.35%	-56.76%

MRA vs. ARMW - Expense Ratio Comparison

MRA has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

MRA vs. ARMW - Dividend Comparison

MRA's dividend yield for the trailing twelve months is around 7.69%, less than ARMW's 36.90% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	36.90%	16.38%
MRA GraniteShares Autocallable MARA ETF	7.69%	0.00%

Frequently Asked Questions

Can I hold both MRA and ARMW in my portfolio?

MRA and ARMW have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRA or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MRA or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for MRA.

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

ARMW has the higher dividend yield at 36.90%, compared with 7.69% for MRA.

What is the main difference between MRA and ARMW?

They also come from different issuers: GraniteShares and Roundhill Investments. Their fees differ too: 1.07% for MRA and 0.99% for ARMW.