QVOL vs. ARMW

Last updated Jun 15, 2026

QVOL (Infrastructure Capital Nasdaq Option Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. QVOL charges 0.82%/yr vs 0.99%/yr for ARMW.

Performance

QVOL vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infrastructure Capital Nasdaq Option Income ETF (QVOL) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QVOL

• 1D: 0.92%
• 1M: 3.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: 13.27%
• 1M: 100.26%
• YTD: 320.44%
• 6M: 237.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QVOL vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
QVOL Infrastructure Capital Nasdaq Option Income ETF	4.14%
ARMW Roundhill ARM WeeklyPay ETF	97.21%

Correlation

The correlation between QVOL and ARMW is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 12, 2026	0.69

Return for Risk

QVOL vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infrastructure Capital Nasdaq Option Income ETF (QVOL) 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

QVOL vs. ARMW - Drawdown Comparison

The maximum QVOL drawdown since its inception was -8.29%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for QVOL and ARMW.

Drawdown Indicators

	QVOL	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-8.29%	-48.47%	+40.18%
Current Drawdown Current decline from peak	-4.56%	-9.24%	+4.68%
Average Drawdown Average peak-to-trough decline	-2.04%	-26.03%	+23.99%

Volatility

Volatility by Period

	QVOL	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.06%	92.75%	-62.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.06%	92.75%	-62.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.06%	92.75%	-62.69%

QVOL vs. ARMW - Expense Ratio Comparison

QVOL has a 0.82% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

QVOL vs. ARMW - Dividend Comparison

QVOL's dividend yield for the trailing twelve months is around 0.98%, less than ARMW's 19.53% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	19.53%	16.38%
QVOL Infrastructure Capital Nasdaq Option Income ETF	0.98%	0.00%

Frequently Asked Questions

Can I hold both QVOL and ARMW in my portfolio?

QVOL and ARMW have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QVOL or ARMW?

On fees, QVOL is cheaper at 0.82% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QVOL or ARMW?

QVOL is cheaper with a 0.82% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 19.53%, compared with 0.98% for QVOL.

What is the main difference between QVOL and ARMW?

They also come from different issuers: Infrastructure Capital Advisors and Roundhill Investments. Their fees differ too: 0.82% for QVOL and 0.99% for ARMW.