QDVO vs. ARMW

Last updated Jun 5, 2026

QDVO (Amplify CWP Growth & Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. QDVO charges 0.56%/yr vs 0.99%/yr for ARMW.

Performance

QDVO vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Growth & Income ETF (QDVO) 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, QDVO achieves a 9.91% return, which is significantly lower than ARMW's 336.58% return.

QDVO

• 1D: 0.10%
• 1M: 3.95%
• YTD: 9.91%
• 6M: 9.61%
• 1Y: 26.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -5.75%
• 1M: 108.38%
• YTD: 336.58%
• 6M: 222.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QDVO vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
QDVO Amplify CWP Growth & Income ETF	9.91%	1.69%
ARMW Roundhill ARM WeeklyPay ETF	336.58%	-40.49%

Correlation

The correlation between QDVO and ARMW is 0.47, 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 24, 2025	0.47

QDVO vs. ARMW - Sectors Allocation Comparison

Sectors	QDVO	ARMW
Technology	50.6%	36.0%
Communication Services	16.8%	-
Consumer Cyclical	12.5%	-
Consumer Defensive	6.3%	-
Healthcare	4.6%	-
Financial Services	4.1%	-
Basic Materials	1.8%	-
Industrials	1.7%	-
Energy	0.8%	-
Utilities	0.7%	-
Real Estate	-	-

Return for Risk

QDVO vs. ARMW — Risk / Return Rank

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

QDVO

QDVO Risk / Return Rank: 63
QDVO Sharpe Ratio Rank: 68
QDVO Sortino Ratio Rank: 67
QDVO Omega Ratio Rank: 66
QDVO Calmar Ratio Rank: 54
QDVO Martin Ratio Rank: 60

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.

QDVO vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) 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.

	QDVO	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.62	—	—
Martin ratio: Return relative to average drawdown	10.64	—	—
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

	QDVO	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	4.33	-2.91

Drawdowns

QDVO vs. ARMW - Drawdown Comparison

The maximum QDVO drawdown since its inception was -17.75%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for QDVO and ARMW.

Drawdown Indicators

	QDVO	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-48.47%	+30.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	—	—
Current Drawdown Current decline from peak	-0.84%	-5.75%	+4.91%
Average Drawdown Average peak-to-trough decline	-2.36%	-26.42%	+24.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	—	—

Volatility

Volatility by Period

	QDVO	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.21%	88.57%	-76.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	88.57%	-71.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	88.57%	-71.15%

QDVO vs. ARMW - Expense Ratio Comparison

QDVO has a 0.56% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

QDVO vs. ARMW - Dividend Comparison

QDVO's dividend yield for the trailing twelve months is around 10.11%, less than ARMW's 16.13% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	16.13%	16.38%	0.00%
QDVO Amplify CWP Growth & Income ETF	10.11%	9.92%	2.79%

Frequently Asked Questions

Can I hold both QDVO and ARMW in my portfolio?

QDVO and ARMW have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QDVO or ARMW?

On fees, QDVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QDVO or ARMW?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 16.13%, compared with 10.11% for QDVO.

What is the main difference between QDVO and ARMW?

They also come from different issuers: Amplify and Roundhill Investments. Their fees differ too: 0.56% for QDVO and 0.99% for ARMW.