NFLW vs. ARMW

Last updated Jul 17, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.03, they often move in opposite directions. 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 -26.22% return, which is significantly lower than ARMW's 161.70% return.

NFLW

• 1D: 0.85%
• 1M: -7.21%
• 6M: -20.56%
• YTD: -26.22%
• 1Y: -48.89%
• 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)

NFLW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-26.22%	-19.81%
ARMW Roundhill ARM WeeklyPay ETF	161.70%	-41.28%

Correlation

The correlation between NFLW and ARMW is -0.03, 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	-0.03

NFLW vs. ARMW - Sectors Allocation Comparison

Sectors	NFLW	ARMW
Communication Services	12.8%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	20.0%
Utilities	-	-

Return for Risk

NFLW vs. ARMW — Risk / Return Rank

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

NFLW

NFLW Risk / Return Rank: 1
NFLW Sharpe Ratio Rank: 1
NFLW Sortino Ratio Rank: 1
NFLW Omega Ratio Rank: 1
NFLW Calmar Ratio Rank: 1
NFLW 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.

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.

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.

	NFLW	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-1.20	—	—
Sortino ratio: Return per unit of downside risk	-1.90	—	—
Omega ratio: Gain probability vs. loss probability	0.76	—	—
Calmar ratio: Return relative to maximum drawdown	-0.94	—	—
Martin ratio: Return relative to average drawdown	-1.59	—	—

Drawdowns

NFLW vs. ARMW - Drawdown Comparison

The maximum NFLW drawdown since its inception was -55.10%, which is greater than ARMW's maximum 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	-55.10%	-48.47%	-6.63%
Max Drawdown (1Y) Largest decline over 1 year	-52.27%	—	—
Current Drawdown Current decline from peak	-53.01%	-47.33%	-5.68%
Average Drawdown Average peak-to-trough decline	-29.35%	-25.96%	-3.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.82%	—	—

Volatility

Volatility by Period

	NFLW	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.96%	95.20%	-54.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.30%	95.20%	-54.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.30%	95.20%	-54.90%

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 82.21%, more than ARMW's 50.52% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	50.52%	16.38%
NFLW Roundhill NFLX WeeklyPay ETF	82.21%	38.89%

Frequently Asked Questions

Can I hold both NFLW and ARMW in my portfolio?

NFLW and ARMW have a correlation of -0.03, 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 82.21%, compared with 50.52% for ARMW.

What is the main difference between NFLW and ARMW?

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