NVDY vs. ARMW
NVDY (YieldMax NVDA Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
NVDY vs. ARMW - Performance Comparison
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Returns By Period
In the year-to-date period, NVDY achieves a 5.08% return, which is significantly lower than ARMW's 274.37% return.
NVDY
- 1D
- -1.37%
- 1M
- -6.75%
- YTD
- 5.08%
- 6M
- 4.47%
- 1Y
- 26.88%
- 3Y*
- 51.27%
- 5Y*
- —
- 10Y*
- —
ARMW
- 1D
- -3.43%
- 1M
- 8.71%
- YTD
- 274.37%
- 6M
- 265.89%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDY vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDY YieldMax NVDA Option Income Strategy ETF | 5.08% | 4.37% |
ARMW Roundhill ARM WeeklyPay ETF | 274.37% | -41.28% |
Correlation
The correlation between NVDY and ARMW 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 Oct 23, 2025 | 0.37 |
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Return for Risk
NVDY vs. ARMW — Risk / Return Rank
NVDY
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVDY vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Option Income Strategy ETF (NVDY) 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.
| NVDY | ARMW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.18 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | — | — |
| Martin ratioReturn relative to average drawdown | 4.70 | — | — |
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Drawdowns
NVDY vs. ARMW - Drawdown Comparison
The maximum NVDY drawdown since its inception was -34.08%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for NVDY and ARMW.
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Drawdown Indicators
| NVDY | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.08% | -48.47% | +14.39% |
Max Drawdown (1Y)Largest decline over 1 year | -13.25% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -34.08% | — | — |
Current DrawdownCurrent decline from peak | -13.25% | -24.65% | +11.40% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -25.27% | +19.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.73% | — | — |
Volatility
NVDY vs. ARMW - Volatility Comparison
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Volatility by Period
| NVDY | ARMW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.09% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.47% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.33% | 94.38% | -66.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.15% | 94.38% | -56.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.15% | 94.38% | -56.23% |
NVDY vs. ARMW - Expense Ratio Comparison
Both NVDY and ARMW have an expense ratio of 0.99%.
Dividends
NVDY vs. ARMW - Dividend Comparison
NVDY's dividend yield for the trailing twelve months is around 66.86%, more than ARMW's 27.55% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 27.55% | 16.38% | 0.00% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 66.86% | 83.10% | 83.65% | 22.32% |
Frequently Asked Questions
NVDY and ARMW 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.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NVDY and ARMW have the same expense ratio: 0.99% per year.
NVDY has the higher dividend yield at 66.86%, compared with 27.55% for ARMW.
They also come from different issuers: YieldMax and Roundhill Investments.
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