NVDW vs. ARMW

Last updated Jun 4, 2026

NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

NVDW vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) 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, NVDW achieves a 15.96% return, which is significantly lower than ARMW's 363.23% return.

NVDW

• 1D: -4.20%
• 1M: 9.65%
• YTD: 15.96%
• 6M: 20.80%
• 1Y: 56.88%
• 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)

NVDW vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	15.96%	1.71%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between NVDW and ARMW is 0.31, 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 Oct 24, 2025	0.31

Return for Risk

NVDW vs. ARMW — Risk / Return Rank

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

NVDW

NVDW Risk / Return Rank: 38
NVDW Sharpe Ratio Rank: 38
NVDW Sortino Ratio Rank: 38
NVDW Omega Ratio Rank: 35
NVDW Calmar Ratio Rank: 45
NVDW Martin Ratio Rank: 35

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.

NVDW vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) 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.

	NVDW	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.24	—	—
Martin ratio: Return relative to average drawdown	5.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVDW	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	4.96	-3.44

Drawdowns

NVDW vs. ARMW - Drawdown Comparison

The maximum NVDW drawdown since its inception was -25.54%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NVDW and ARMW.

Drawdown Indicators

	NVDW	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-48.47%	+22.93%
Max Drawdown (1Y) Largest decline over 1 year	-25.54%	—	—
Current Drawdown Current decline from peak	-10.65%	0.00%	-10.65%
Average Drawdown Average peak-to-trough decline	-8.19%	-26.55%	+18.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.49%	—	—

Volatility

Volatility by Period

	NVDW	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.15%	88.46%	-47.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.15%	88.46%	-47.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.15%	88.46%	-47.31%

NVDW vs. ARMW - Expense Ratio Comparison

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

Dividends

NVDW vs. ARMW - Dividend Comparison

NVDW's dividend yield for the trailing twelve months is around 58.16%, more than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	58.16%	38.94%

Frequently Asked Questions

Can I hold both NVDW and ARMW in my portfolio?

NVDW and ARMW have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVDW 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, NVDW or ARMW?

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

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

NVDW has the higher dividend yield at 58.16%, compared with 15.20% for ARMW.

What is the main difference between NVDW and ARMW?

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