NUKX vs. ARMW

Last updated Jun 4, 2026

NUKX (Nicholas Nuclear Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. NUKX charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

NUKX vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Nuclear Income ETF (NUKX) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NUKX

• 1D: -5.82%
• 1M: -7.92%
• YTD: —
• 6M: —
• 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)

NUKX vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
NUKX Nicholas Nuclear Income ETF	-5.16%
ARMW Roundhill ARM WeeklyPay ETF	311.25%

Correlation

The correlation between NUKX and ARMW is 0.45, 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 Mar 4, 2026	0.45

NUKX vs. ARMW - Sectors Allocation Comparison

Sectors	NUKX	ARMW
Utilities	39.6%	-
Energy	21.7%	-
Financial Services	12.6%	-
Industrials	9.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	36.0%

Return for Risk

NUKX vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Nuclear Income ETF (NUKX) 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

	NUKX	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	4.96	-5.34

Drawdowns

NUKX vs. ARMW - Drawdown Comparison

The maximum NUKX drawdown since its inception was -18.73%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NUKX and ARMW.

Drawdown Indicators

	NUKX	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-18.73%	-48.47%	+29.74%
Current Drawdown Current decline from peak	-12.76%	0.00%	-12.76%
Average Drawdown Average peak-to-trough decline	-7.05%	-26.55%	+19.50%

Volatility

Volatility by Period

	NUKX	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.05%	88.46%	-38.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.05%	88.46%	-38.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.05%	88.46%	-38.41%

NUKX vs. ARMW - Expense Ratio Comparison

NUKX has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

NUKX vs. ARMW - Dividend Comparison

NUKX's dividend yield for the trailing twelve months is around 3.84%, less than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
NUKX Nicholas Nuclear Income ETF	3.84%	0.00%

Frequently Asked Questions

Can I hold both NUKX and ARMW in my portfolio?

NUKX and ARMW have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUKX or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUKX or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for NUKX.

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

ARMW has the higher dividend yield at 15.20%, compared with 3.84% for NUKX.

What is the main difference between NUKX and ARMW?

They also come from different issuers: Nicholas Wealth and Roundhill Investments. Their fees differ too: 1.07% for NUKX and 0.99% for ARMW.