NFLW vs. ARMW

Last updated Jun 4, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

NFLW vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) 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, NFLW achieves a -16.78% return, which is significantly lower than ARMW's 363.23% return.

NFLW

• 1D: -2.48%
• 1M: -12.48%
• YTD: -16.78%
• 6M: -26.68%
• 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)

NFLW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.78%	-19.28%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between NFLW and ARMW is 0.01, 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 24, 2025	0.01

NFLW vs. ARMW - Sectors Allocation Comparison

Sectors	NFLW	ARMW
Communication Services	25.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	36.0%
Utilities	-	-

Return for Risk

NFLW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) 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

	NFLW	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	4.96	-6.01

Drawdowns

NFLW vs. ARMW - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, roughly equal to the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NFLW and ARMW.

Drawdown Indicators

	NFLW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-48.47%	-2.26%
Current Drawdown Current decline from peak	-47.00%	0.00%	-47.00%
Average Drawdown Average peak-to-trough decline	-26.84%	-26.55%	-0.29%

Volatility

Volatility by Period

	NFLW	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	88.46%	-48.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.34%	88.46%	-48.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.34%	88.46%	-48.12%

NFLW vs. ARMW - Expense Ratio Comparison

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

Dividends

NFLW vs. ARMW - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.24%, more than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
NFLW Roundhill NFLX WeeklyPay ETF	73.24%	38.89%

Frequently Asked Questions

Can I hold both NFLW and ARMW in my portfolio?

NFLW and ARMW have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLW 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, NFLW or ARMW?

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

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

NFLW has the higher dividend yield at 73.24%, compared with 15.20% for ARMW.

What is the main difference between NFLW and ARMW?

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