ODTE vs. ARMW
ODTE (VegaShares SPX NDX RTY Premium Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. ODTE charges 0.76%/yr vs 0.99%/yr for ARMW.
Performance
ODTE vs. ARMW - Performance Comparison
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Returns By Period
ODTE
- 1D
- 0.36%
- 1M
- -2.35%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ARMW
- 1D
- -1.33%
- 1M
- -28.55%
- 6M
- 146.99%
- YTD
- 134.95%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.87M | $4.86M | $4.12M | |
| $150.19K | $175.13K | $172.74K |
ODTE vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ODTE VegaShares SPX NDX RTY Premium Income ETF | 8.63% |
ARMW Roundhill ARM WeeklyPay ETF | 57.29% |
Correlation
The correlation between ODTE and ARMW is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026 | 0.61 |
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Return for Risk
ODTE vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VegaShares SPX NDX RTY Premium Income ETF (ODTE) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
ODTE vs. ARMW - Drawdown Comparison
The maximum ODTE drawdown since its inception was -7.04%, smaller than the maximum ARMW drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for ODTE and ARMW.
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Drawdown Indicators
| ODTE | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.04% | -56.50% | +49.46% |
Current DrawdownCurrent decline from peak | -5.25% | -52.71% | +47.46% |
Average DrawdownAverage peak-to-trough decline | -1.77% | -27.18% | +25.41% |
Volatility
ODTE vs. ARMW - Volatility Comparison
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Volatility by Period
| ODTE | ARMW | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 96.03% | -80.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.09% | 96.03% | -80.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 96.03% | -80.94% |
ODTE vs. ARMW - Expense Ratio Comparison
ODTE has a 0.76% expense ratio, which is lower than ARMW's 0.99% expense ratio.
Dividends
ODTE vs. ARMW - Dividend Comparison
ODTE's dividend yield for the trailing twelve months is around 4.54%, less than ARMW's 62.70% yield.
| Position | TTM | 2025 |
|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 62.70% | 16.38% |
ODTE VegaShares SPX NDX RTY Premium Income ETF | 4.54% | 0.00% |
Frequently Asked Questions
ODTE and ARMW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ODTE is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ODTE is cheaper with a 0.76% expense ratio, compared with 0.99% for ARMW.
ARMW has the higher dividend yield at 62.70%, compared with 4.54% for ODTE.
They also come from different issuers: VegaShares and Roundhill. Their fees differ too: 0.76% for ODTE and 0.99% for ARMW.
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