QBY vs. ARMW

Last updated Jun 23, 2026

QBY (GraniteShares YieldBOOST QBTS ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. QBY charges 1.07%/yr vs 0.99%/yr for ARMW.

Performance

QBY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST QBTS ETF (QBY) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBY achieves a -26.67% return, which is significantly lower than ARMW's 356.51% return.

QBY

• 1D: 0.07%
• 1M: 0.40%
• YTD: -26.67%
• 6M: -31.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -8.12%
• 1M: 40.26%
• YTD: 356.51%
• 6M: 337.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
QBY GraniteShares YieldBOOST QBTS ETF	-26.67%	-8.88%
ARMW Roundhill ARM WeeklyPay ETF	356.51%	-22.21%

Correlation

The correlation between QBY and ARMW is 0.35, 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 Nov 25, 2025	0.35

Return for Risk

QBY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QBTS ETF (QBY) 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.

Drawdowns

QBY vs. ARMW - Drawdown Comparison

The maximum QBY drawdown since its inception was -38.93%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for QBY and ARMW.

Drawdown Indicators

	QBY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-38.93%	-48.47%	+9.54%
Current Drawdown Current decline from peak	-33.71%	-8.12%	-25.59%
Average Drawdown Average peak-to-trough decline	-25.96%	-25.32%	-0.64%

Volatility

Volatility by Period

	QBY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	31.87%	93.49%	-61.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.87%	93.49%	-61.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.87%	93.49%	-61.62%

QBY vs. ARMW - Expense Ratio Comparison

QBY has a 1.07% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

QBY vs. ARMW - Dividend Comparison

QBY's dividend yield for the trailing twelve months is around 114.26%, more than ARMW's 22.59% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	22.59%	16.38%
QBY GraniteShares YieldBOOST QBTS ETF	114.26%	15.05%

Frequently Asked Questions

Can I hold both QBY and ARMW in my portfolio?

QBY and ARMW have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QBY or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBY or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.07% for QBY.

Which ETF pays a higher dividend yield, QBY or ARMW?

QBY has the higher dividend yield at 114.26%, compared with 22.59% for ARMW.

What is the main difference between QBY and ARMW?

They also come from different issuers: GraniteShares and Roundhill Investments. Their fees differ too: 1.07% for QBY and 0.99% for ARMW.