RBLY vs. ARMW

Last updated Jun 4, 2026

RBLY (YieldMax RBLX Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

RBLY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax RBLX Option Income Strategy ETF (RBLY) 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, RBLY achieves a -45.56% return, which is significantly lower than ARMW's 363.23% return.

RBLY

• 1D: -1.83%
• 1M: -8.47%
• YTD: -45.56%
• 6M: -50.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: 3.44%
• 1M: 128.75%
• YTD: 363.23%
• 6M: 245.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RBLY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
RBLY YieldMax RBLX Option Income Strategy ETF	-45.56%	-31.68%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between RBLY and ARMW is 0.18, 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	0.18

Return for Risk

RBLY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax RBLX Option Income Strategy ETF (RBLY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	RBLY	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.25	4.96	-6.21

Drawdowns

RBLY vs. ARMW - Drawdown Comparison

The maximum RBLY drawdown since its inception was -65.81%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for RBLY and ARMW.

Drawdown Indicators

	RBLY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-65.81%	-48.47%	-17.34%
Current Drawdown Current decline from peak	-65.42%	0.00%	-65.42%
Average Drawdown Average peak-to-trough decline	-33.05%	-26.55%	-6.50%

Volatility

Volatility by Period

	RBLY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.41%	88.46%	-36.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.41%	88.46%	-36.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.41%	88.46%	-36.05%

RBLY vs. ARMW - Expense Ratio Comparison

Both RBLY and ARMW have an expense ratio of 0.99%.

Dividends

RBLY vs. ARMW - Dividend Comparison

RBLY's dividend yield for the trailing twelve months is around 127.58%, more than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
RBLY YieldMax RBLX Option Income Strategy ETF	127.58%	36.84%

Frequently Asked Questions

Can I hold both RBLY and ARMW in my portfolio?

RBLY and ARMW have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RBLY or ARMW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RBLY or ARMW?

RBLY and ARMW have the same expense ratio: 0.99% per year.

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

RBLY has the higher dividend yield at 127.58%, compared with 15.20% for ARMW.

What is the main difference between RBLY and ARMW?

They also come from different issuers: YieldMax and Roundhill Investments.