NFLW vs. IEZ

Last updated Jun 4, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and IEZ (iShares U.S. Oil Equipment & Services ETF) are both exchange-traded funds - NFLW is a Derivative Income fund actively managed by Roundhill, while IEZ is a Energy Equities fund tracking the Dow Jones U.S. Select Oil Equipment & Services Index. NFLW is actively managed, while IEZ is passively managed. At a correlation of -0.13, they often move in opposite directions. NFLW charges 0.99%/yr vs 0.42%/yr for IEZ.

Performance

NFLW vs. IEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) and iShares U.S. Oil Equipment & Services ETF (IEZ). 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 IEZ's 47.84% return.

NFLW

• 1D: -2.48%
• 1M: -12.48%
• YTD: -16.78%
• 6M: -26.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IEZ

• 1D: 0.03%
• 1M: -3.54%
• YTD: 47.84%
• 6M: 42.02%
• 1Y: 85.10%
• 3Y*: 19.17%
• 5Y*: 13.91%
• 10Y*: -0.13%

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

NFLW vs. IEZ - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.78%	-29.02%
IEZ iShares U.S. Oil Equipment & Services ETF	47.84%	17.55%

Correlation

The correlation between NFLW and IEZ is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	-0.13

NFLW vs. IEZ - Sectors Allocation Comparison

Sectors	NFLW	IEZ
Communication Services	25.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	98.8%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.6%
Real Estate	-	-
Technology	-	-
Utilities	-	1.0%

Return for Risk

NFLW vs. IEZ — Risk / Return Rank

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

IEZ

IEZ Risk / Return Rank: 87
IEZ Sharpe Ratio Rank: 88
IEZ Sortino Ratio Rank: 82
IEZ Omega Ratio Rank: 77
IEZ Calmar Ratio Rank: 95
IEZ Martin Ratio Rank: 92

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. IEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) and iShares U.S. Oil Equipment & Services ETF (IEZ). 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	IEZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.38	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	-0.04	-1.02

Drawdowns

NFLW vs. IEZ - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, smaller than the maximum IEZ drawdown of -92.52%. Use the drawdown chart below to compare losses from any high point for NFLW and IEZ.

Drawdown Indicators

	NFLW	IEZ	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-92.52%	+41.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-40.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.25%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-88.29%	—
Current Drawdown Current decline from peak	-47.00%	-51.21%	+4.21%
Average Drawdown Average peak-to-trough decline	-26.84%	-48.26%	+21.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.78%	—

Volatility

Volatility by Period

	NFLW	IEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.34%	28.62%	+11.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.34%	36.35%	+3.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.34%	41.56%	-1.22%

NFLW vs. IEZ - Expense Ratio Comparison

NFLW has a 0.99% expense ratio, which is higher than IEZ's 0.42% expense ratio.

Dividends

NFLW vs. IEZ - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.24%, more than IEZ's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEZ iShares U.S. Oil Equipment & Services ETF	1.18%	1.87%	1.76%	0.97%	0.65%	1.20%	2.07%	2.28%	1.81%	3.42%	0.91%	2.40%
NFLW Roundhill NFLX WeeklyPay ETF	73.24%	38.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NFLW and IEZ in my portfolio?

NFLW and IEZ have a correlation of -0.13, 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 IEZ?

On fees, IEZ is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFLW or IEZ?

IEZ is cheaper with a 0.42% expense ratio, compared with 0.99% for NFLW.

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

NFLW has the higher dividend yield at 73.24%, compared with 1.18% for IEZ.

What is the main difference between NFLW and IEZ?

NFLW is categorized as Derivative Income, while IEZ is Energy Equities. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.99% for NFLW and 0.42% for IEZ.