NFLP vs. ARMW

Last updated Jul 17, 2026

NFLP (Kurv Yield Premium Strategy Netflix ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.99% expense ratio.

Performance

NFLP vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Netflix ETF (NFLP) 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, NFLP achieves a -27.57% return, which is significantly lower than ARMW's 161.70% return.

NFLP

• 1D: 0.74%
• 1M: -7.28%
• 6M: -22.79%
• YTD: -27.57%
• 1Y: -44.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -7.36%
• 1M: -40.52%
• 6M: 177.20%
• YTD: 161.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLP vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
NFLP Kurv Yield Premium Strategy Netflix ETF	-27.57%	-14.31%
ARMW Roundhill ARM WeeklyPay ETF	161.70%	-41.28%

Correlation

The correlation between NFLP and ARMW is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	-0.05

Return for Risk

NFLP vs. ARMW — Risk / Return Rank

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

NFLP

NFLP Risk / Return Rank: 0
NFLP Sharpe Ratio Rank: 0
NFLP Sortino Ratio Rank: 0
NFLP Omega Ratio Rank: 0
NFLP Calmar Ratio Rank: 1
NFLP Martin Ratio Rank: 0

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.

NFLP vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Netflix ETF (NFLP) 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.

	NFLP	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-1.27	—	—
Sortino ratio: Return per unit of downside risk	-1.99	—	—
Omega ratio: Gain probability vs. loss probability	0.75	—	—
Calmar ratio: Return relative to maximum drawdown	-0.93	—	—
Martin ratio: Return relative to average drawdown	-1.72	—	—

Drawdowns

NFLP vs. ARMW - Drawdown Comparison

The maximum NFLP drawdown since its inception was -50.68%, roughly equal to the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NFLP and ARMW.

Drawdown Indicators

	NFLP	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-50.68%	-48.47%	-2.21%
Max Drawdown (1Y) Largest decline over 1 year	-48.16%	—	—
Current Drawdown Current decline from peak	-48.31%	-47.33%	-0.98%
Average Drawdown Average peak-to-trough decline	-11.28%	-25.96%	+14.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.11%	—	—

Volatility

Volatility by Period

	NFLP	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.26%	95.20%	-59.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.38%	95.20%	-65.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.38%	95.20%	-65.82%

NFLP vs. ARMW - Expense Ratio Comparison

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

Dividends

NFLP vs. ARMW - Dividend Comparison

NFLP's dividend yield for the trailing twelve months is around 28.41%, less than ARMW's 50.52% yield.

Position	TTM	2025	2024	2023
ARMW Roundhill ARM WeeklyPay ETF	50.52%	16.38%	0.00%	0.00%
NFLP Kurv Yield Premium Strategy Netflix ETF	28.41%	26.56%	19.87%	3.21%

Frequently Asked Questions

Can I hold both NFLP and ARMW in my portfolio?

NFLP and ARMW have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLP 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, NFLP or ARMW?

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

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

ARMW has the higher dividend yield at 50.52%, compared with 28.41% for NFLP.

What is the main difference between NFLP and ARMW?

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