SCLZ vs. ARMW
SCLZ (Swan Enhanced Dividend Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. SCLZ charges 0.79%/yr vs 0.99%/yr for ARMW.
Performance
SCLZ vs. ARMW - Performance Comparison
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Returns By Period
In the year-to-date period, SCLZ achieves a 6.12% return, which is significantly lower than ARMW's 356.51% return.
SCLZ
- 1D
- -0.49%
- 1M
- 0.08%
- YTD
- 6.12%
- 6M
- 6.15%
- 1Y
- 17.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARMW
- 1D
- -8.12%
- 1M
- 40.26%
- YTD
- 356.51%
- 6M
- 337.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCLZ vs. ARMW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SCLZ Swan Enhanced Dividend Income ETF | 6.12% | 2.08% |
ARMW Roundhill ARM WeeklyPay ETF | 356.51% | -41.28% |
Correlation
The correlation between SCLZ and ARMW is 0.49, 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 23, 2025 | 0.49 |
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Return for Risk
SCLZ vs. ARMW — Risk / Return Rank
SCLZ
ARMW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCLZ vs. ARMW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Swan Enhanced Dividend Income ETF (SCLZ) 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.
| SCLZ | ARMW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | — | — |
| Martin ratioReturn relative to average drawdown | 11.67 | — | — |
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Drawdowns
SCLZ vs. ARMW - Drawdown Comparison
The maximum SCLZ drawdown since its inception was -12.58%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for SCLZ and ARMW.
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Drawdown Indicators
| SCLZ | ARMW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.58% | -48.47% | +35.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.00% | — | — |
Current DrawdownCurrent decline from peak | -0.73% | -8.12% | +7.39% |
Average DrawdownAverage peak-to-trough decline | -1.36% | -25.32% | +23.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | — | — |
Volatility
SCLZ vs. ARMW - Volatility Comparison
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Volatility by Period
| SCLZ | ARMW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.54% | 93.49% | -83.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.40% | 93.49% | -82.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.40% | 93.49% | -82.09% |
SCLZ vs. ARMW - Expense Ratio Comparison
SCLZ has a 0.79% expense ratio, which is lower than ARMW's 0.99% expense ratio.
Dividends
SCLZ vs. ARMW - Dividend Comparison
SCLZ's dividend yield for the trailing twelve months is around 7.29%, less than ARMW's 22.59% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ARMW Roundhill ARM WeeklyPay ETF | 22.59% | 16.38% | 0.00% |
SCLZ Swan Enhanced Dividend Income ETF | 7.29% | 7.53% | 4.86% |
Frequently Asked Questions
SCLZ and ARMW have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SCLZ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCLZ is cheaper with a 0.79% expense ratio, compared with 0.99% for ARMW.
ARMW has the higher dividend yield at 22.59%, compared with 7.29% for SCLZ.
They also come from different issuers: Swan and Roundhill Investments. Their fees differ too: 0.79% for SCLZ and 0.99% for ARMW.
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