NVII vs. METW

Last updated Jul 17, 2026

NVII (REX NVIDIA 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. Over the past year, NVII returned 29.35% vs -11.12% for METW. At a 0.39 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 NVIDIA 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 13.29% return, which is significantly higher than METW's -2.29% return.

NVII

• 1D: -1.83%
• 1M: 1.41%
• 6M: 11.95%
• YTD: 13.29%
• 1Y: 29.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

METW

• 1D: -3.04%
• 1M: 12.30%
• 6M: 5.60%
• YTD: -2.29%
• 1Y: -11.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. METW - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVIDIA Growth & Income ETF	13.29%	35.76%
METW Roundhill Meta Weeklypay ETF	-2.29%	-9.14%

Correlation

The correlation between NVII and METW is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.39

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: 30
NVII Sharpe Ratio Rank: 27
NVII Sortino Ratio Rank: 27
NVII Omega Ratio Rank: 27
NVII Calmar Ratio Rank: 37
NVII Martin Ratio Rank: 30

METW

METW Risk / Return Rank: 7
METW Sharpe Ratio Rank: 7
METW Sortino Ratio Rank: 8
METW Omega Ratio Rank: 8
METW Calmar Ratio Rank: 7
METW Martin Ratio Rank: 7

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 NVIDIA 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.

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.

	NVII	METW	Difference
Sharpe ratio: Return per unit of total volatility	0.81	-0.24	+1.06
Sortino ratio: Return per unit of downside risk	1.28	-0.04	+1.32
Omega ratio: Gain probability vs. loss probability	1.16	0.99	+0.16
Calmar ratio: Return relative to maximum drawdown	1.59	-0.28	+1.86
Martin ratio: Return relative to average drawdown	3.46	-0.50	+3.95

NVII vs. METW - Sharpe Ratio Comparison

The current NVII Sharpe Ratio is 0.81, which is higher than the METW Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of NVII and METW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVII vs. METW - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.56%, 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	-18.56%	-40.52%	+21.96%
Max Drawdown (1Y) Largest decline over 1 year	-18.56%	-40.52%	+21.96%
Current Drawdown Current decline from peak	-10.29%	-22.47%	+12.18%
Average Drawdown Average peak-to-trough decline	-6.23%	-18.77%	+12.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.51%	22.42%	-13.91%

Volatility

NVII vs. METW - Volatility Comparison

The current volatility for REX NVIDIA Growth & Income ETF (NVII) is 10.42%, while Roundhill Meta Weeklypay ETF (METW) has a volatility of 18.87%. This indicates that NVII experiences smaller price fluctuations and is considered to be less risky than METW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVII	METW	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.42%	18.87%	-8.45%
Volatility (6M) Calculated over the trailing 6-month period	27.93%	37.21%	-9.28%
Volatility (1Y) Calculated over the trailing 1-year period	36.25%	46.05%	-9.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.52%	45.04%	-9.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.52%	45.04%	-9.52%

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 55.68%, more than METW's 53.86% yield.

Position	TTM	2025
METW Roundhill Meta Weeklypay ETF	53.86%	30.89%
NVII REX NVIDIA Growth & Income ETF	55.68%	29.17%

Frequently Asked Questions

Can I hold both NVII and METW in my portfolio?

NVII and METW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVII or METW?

METW has higher volatility (18.87%) compared to NVII (10.42%). In terms of maximum drawdown, NVII dropped -18.56% vs METW's -40.52%.

Which ETF is better, NVII or METW?

On 1-year performance, NVII leads with 29.35% vs -11.12% for METW. On fees, METW is cheaper at 0.59% per year. On volatility, NVII has been the lower-risk option at 10.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVII or METW?

Over the 1-year period, NVII has performed better with a 29.35% return vs -11.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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?

NVII has the higher dividend yield at 55.68%, compared with 53.86% for METW.

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.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (0.81 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.