NVDW vs. METW
NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) and METW (Roundhill Meta Weeklypay ETF) are both exchange-traded funds - NVDW is a Derivative Income fund actively managed by Roundhill, while METW is a Technology Equities fund tracking the Ball Metaverse Index. NVDW is actively managed, while METW is passively managed. At a 0.37 correlation, their price movements are largely independent. NVDW charges 0.99%/yr vs 0.59%/yr for METW.
Performance
NVDW vs. METW - Performance Comparison
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Returns By Period
In the year-to-date period, NVDW achieves a 15.96% return, which is significantly higher than METW's -8.79% return.
NVDW
- 1D
- -4.20%
- 1M
- 9.65%
- YTD
- 15.96%
- 6M
- 20.80%
- 1Y
- 56.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
METW
- 1D
- 5.19%
- 1M
- 2.24%
- YTD
- -8.79%
- 6M
- -5.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDW vs. METW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 15.96% | 31.21% |
METW Roundhill Meta Weeklypay ETF | -8.79% | -8.20% |
Correlation
The correlation between NVDW and METW is 0.37, 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 Jun 20, 2025 | 0.37 |
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Return for Risk
NVDW vs. METW — Risk / Return Rank
NVDW
METW
NVDW vs. METW - 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 Meta Weeklypay ETF (METW). 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 | METW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | — | — |
| Martin ratioReturn 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. | |||
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Sharpe Ratios by Period
| NVDW | METW | 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 | -0.40 | +1.92 |
Drawdowns
NVDW vs. METW - Drawdown Comparison
The maximum NVDW drawdown since its inception was -25.54%, smaller than the maximum METW drawdown of -40.52%. Use the drawdown chart below to compare losses from any high point for NVDW and METW.
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Drawdown Indicators
| NVDW | METW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.54% | -40.52% | +14.98% |
Max Drawdown (1Y)Largest decline over 1 year | -25.54% | — | — |
Current DrawdownCurrent decline from peak | -10.65% | -27.63% | +16.98% |
Average DrawdownAverage peak-to-trough decline | -8.19% | -17.31% | +9.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.49% | — | — |
Volatility
NVDW vs. METW - Volatility Comparison
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Volatility by Period
| NVDW | METW | 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% | 42.57% | -1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.15% | 42.57% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.15% | 42.57% | -1.42% |
NVDW vs. METW - Expense Ratio Comparison
NVDW has a 0.99% expense ratio, which is higher than METW's 0.59% expense ratio.
Dividends
NVDW vs. METW - Dividend Comparison
NVDW's dividend yield for the trailing twelve months is around 58.16%, more than METW's 55.37% yield.
| Position | TTM | 2025 |
|---|---|---|
METW Roundhill Meta Weeklypay ETF | 55.37% | 30.89% |
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 58.16% | 38.94% |
Frequently Asked Questions
NVDW and METW have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, METW is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
METW is cheaper with a 0.59% expense ratio, compared with 0.99% for NVDW.
NVDW has the higher dividend yield at 58.16%, compared with 55.37% for METW.
NVDW is categorized as Derivative Income, while METW is Technology Equities. Their fees differ too: 0.99% for NVDW and 0.59% for METW.
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