NERD vs. ARMW

Last updated Jun 23, 2026

NERD (Roundhill Video Games ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both exchange-traded funds - NERD is a Gaming fund actively managed by Roundhill Investments, while ARMW is a Derivative Income fund actively managed by Roundhill Investments. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. NERD charges 0.50%/yr vs 0.99%/yr for ARMW.

Performance

NERD vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Video Games ETF (NERD) 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, NERD achieves a -18.16% return, which is significantly lower than ARMW's 356.51% return.

NERD

• 1D: -0.25%
• 1M: -3.07%
• YTD: -18.16%
• 6M: -17.64%
• 1Y: -21.61%
• 3Y*: 10.25%
• 5Y*: -7.93%
• 10Y*: —

ARMW

• 1D: -8.12%
• 1M: 40.26%
• YTD: 356.51%
• 6M: 337.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NERD vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
NERD Roundhill Video Games ETF	-18.16%	-9.63%
ARMW Roundhill ARM WeeklyPay ETF	356.51%	-41.28%

Correlation

The correlation between NERD and ARMW is 0.30, 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 23, 2025	0.30

NERD vs. ARMW - Sectors Allocation Comparison

Sectors	NERD	ARMW
Communication Services	90.2%	-
Technology	4.6%	28.9%
Consumer Cyclical	4.0%	-
Industrials	1.3%	-
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

NERD vs. ARMW — Risk / Return Rank

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

NERD

NERD Risk / Return Rank: 2
NERD Sharpe Ratio Rank: 1
NERD Sortino Ratio Rank: 1
NERD Omega Ratio Rank: 1
NERD Calmar Ratio Rank: 3
NERD Martin Ratio Rank: 3

ARMW

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

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.

NERD vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Video Games ETF (NERD) 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.

	NERD	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-1.11	—	—
Sortino ratio: Return per unit of downside risk	-1.51	—	—
Omega ratio: Gain probability vs. loss probability	0.83	—	—
Calmar ratio: Return relative to maximum drawdown	-0.70	—	—
Martin ratio: Return relative to average drawdown	-1.20	—	—

Drawdowns

NERD vs. ARMW - Drawdown Comparison

The maximum NERD drawdown since its inception was -65.58%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NERD and ARMW.

Drawdown Indicators

	NERD	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-48.47%	-17.11%
Max Drawdown (1Y) Largest decline over 1 year	-31.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-58.08%	—	—
Current Drawdown Current decline from peak	-46.92%	-8.12%	-38.80%
Average Drawdown Average peak-to-trough decline	-35.95%	-25.32%	-10.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.01%	—	—

Volatility

Volatility by Period

	NERD	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.66%	93.49%	-73.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.51%	93.49%	-68.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.47%	93.49%	-68.02%

NERD vs. ARMW - Expense Ratio Comparison

NERD has a 0.50% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

NERD vs. ARMW - Dividend Comparison

NERD's dividend yield for the trailing twelve months is around 0.77%, less than ARMW's 22.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARMW Roundhill ARM WeeklyPay ETF	22.59%	16.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.77%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%

Frequently Asked Questions

Can I hold both NERD and ARMW in my portfolio?

NERD and ARMW 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 ETF is better, NERD or ARMW?

On fees, NERD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NERD or ARMW?

NERD is cheaper with a 0.50% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 22.59%, compared with 0.77% for NERD.

What is the main difference between NERD and ARMW?

NERD is categorized as Gaming, while ARMW is Derivative Income. Their fees differ too: 0.50% for NERD and 0.99% for ARMW.