MSFW vs. ARMW

Last updated Jun 4, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.15 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

MSFW vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSFT WeeklyPay™ ETF (MSFW) 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, MSFW achieves a -14.73% return, which is significantly lower than ARMW's 363.23% return.

MSFW

• 1D: -3.61%
• 1M: 4.05%
• YTD: -14.73%
• 6M: -13.76%
• 1Y: —
• 3Y*: —
• 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)

MSFW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
MSFW Roundhill MSFT WeeklyPay™ ETF	-14.73%	-9.15%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between MSFW and ARMW is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.15

MSFW vs. ARMW - Sectors Allocation Comparison

Sectors	MSFW	ARMW
Technology	31.6%	36.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) 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.

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

Sharpe Ratios by Period

	MSFW	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.76	4.96	-5.72

Drawdowns

MSFW vs. ARMW - Drawdown Comparison

The maximum MSFW drawdown since its inception was -40.42%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for MSFW and ARMW.

Drawdown Indicators

	MSFW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-48.47%	+8.05%
Current Drawdown Current decline from peak	-26.27%	0.00%	-26.27%
Average Drawdown Average peak-to-trough decline	-17.45%	-26.55%	+9.10%

Volatility

Volatility by Period

	MSFW	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.40%	88.46%	-56.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.40%	88.46%	-56.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.40%	88.46%	-56.06%

MSFW vs. ARMW - Expense Ratio Comparison

Both MSFW and ARMW have an expense ratio of 0.99%.

Dividends

MSFW vs. ARMW - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 39.31%, more than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
MSFW Roundhill MSFT WeeklyPay™ ETF	39.31%	20.25%

Frequently Asked Questions

Can I hold both MSFW and ARMW in my portfolio?

MSFW and ARMW have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSFW or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFW or ARMW?

MSFW and ARMW have the same expense ratio: 0.99% per year.

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

MSFW has the higher dividend yield at 39.31%, compared with 15.20% for ARMW.

What is the main difference between MSFW and ARMW?

They also come from different issuers: Roundhill and Roundhill Investments.