NVII vs. METW

Last updated Jun 4, 2026

NVII (REX NVDA Growth & Income ETF) and METW (Roundhill Meta Weeklypay ETF) are both exchange-traded funds - NVII is a Derivative Income fund actively managed by REX, while METW is a Technology Equities fund tracking the Ball Metaverse Index. NVII is actively managed, while METW is passively managed. At a 0.38 correlation, their price movements are largely independent. NVII charges 0.99%/yr vs 0.59%/yr for METW.

Performance

NVII vs. METW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX NVDA Growth & Income ETF (NVII) and Roundhill Meta Weeklypay ETF (METW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVII achieves a 15.50% return, which is significantly higher than METW's -8.79% return.

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

METW

• 1D: 5.19%
• 1M: 2.24%
• YTD: -8.79%
• 6M: -5.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. METW - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVDA Growth & Income ETF	15.50%	34.59%
METW Roundhill Meta Weeklypay ETF	-8.79%	-8.20%

Correlation

The correlation between NVII and METW is 0.38, 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	0.38

Return for Risk

NVII vs. METW — Risk / Return Rank

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

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

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.

NVII vs. METW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) 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.

	NVII	METW	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.39	—	—
Martin ratio: Return relative to average drawdown	8.64	—	—
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

	NVII	METW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	-0.40	+2.44

Drawdowns

NVII vs. METW - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum METW drawdown of -40.52%. Use the drawdown chart below to compare losses from any high point for NVII and METW.

Drawdown Indicators

	NVII	METW	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-40.52%	+22.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.47%	—	—
Current Drawdown Current decline from peak	-8.54%	-27.63%	+19.09%
Average Drawdown Average peak-to-trough decline	-5.50%	-17.31%	+11.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	—	—

Volatility

Volatility by Period

	NVII	METW	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	34.40%	42.57%	-8.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.54%	42.57%	-8.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.54%	42.57%	-8.03%

NVII vs. METW - Expense Ratio Comparison

NVII has a 0.99% expense ratio, which is higher than METW's 0.59% expense ratio.

Dividends

NVII vs. METW - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 51.55%, less than METW's 55.37% yield.

Position	TTM	2025
METW Roundhill Meta Weeklypay ETF	55.37%	30.89%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%

Frequently Asked Questions

Can I hold both NVII and METW in my portfolio?

NVII and METW have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVII or METW?

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.

Which ETF is cheaper, NVII or METW?

METW is cheaper with a 0.59% expense ratio, compared with 0.99% for NVII.

Which ETF pays a higher dividend yield, NVII or METW?

METW has the higher dividend yield at 55.37%, compared with 51.55% for NVII.

What is the main difference between NVII and METW?

NVII is categorized as Derivative Income, while METW is Technology Equities. They also come from different issuers: REX and Roundhill. Their fees differ too: 0.99% for NVII and 0.59% for METW.