SEPI vs. ARMW

Last updated Jun 4, 2026

SEPI (Shelton Equity Premium Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. SEPI charges 0.54%/yr vs 0.99%/yr for ARMW.

Performance

SEPI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Shelton Equity Premium Income ETF (SEPI) 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, SEPI achieves a 11.13% return, which is significantly lower than ARMW's 363.23% return.

SEPI

• 1D: -0.35%
• 1M: 5.29%
• YTD: 11.13%
• 6M: 11.62%
• 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)

SEPI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
SEPI Shelton Equity Premium Income ETF	11.13%	2.44%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between SEPI and ARMW is 0.52, 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 Oct 24, 2025	0.52

Return for Risk

SEPI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Shelton Equity Premium Income ETF (SEPI) 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

	SEPI	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.11	4.96	-2.85

Drawdowns

SEPI vs. ARMW - Drawdown Comparison

The maximum SEPI drawdown since its inception was -7.66%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for SEPI and ARMW.

Drawdown Indicators

	SEPI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-7.66%	-48.47%	+40.81%
Current Drawdown Current decline from peak	-0.35%	0.00%	-0.35%
Average Drawdown Average peak-to-trough decline	-1.45%	-26.55%	+25.10%

Volatility

Volatility by Period

	SEPI	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	88.46%	-75.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.53%	88.46%	-75.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.53%	88.46%	-75.93%

SEPI vs. ARMW - Expense Ratio Comparison

SEPI has a 0.54% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

SEPI vs. ARMW - Dividend Comparison

SEPI's dividend yield for the trailing twelve months is around 4.68%, less than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
SEPI Shelton Equity Premium Income ETF	4.68%	1.37%

Frequently Asked Questions

Can I hold both SEPI and ARMW in my portfolio?

SEPI and ARMW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEPI or ARMW?

On fees, SEPI is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEPI or ARMW?

SEPI is cheaper with a 0.54% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 4.68% for SEPI.

What is the main difference between SEPI and ARMW?

They also come from different issuers: Shelton and Roundhill Investments. Their fees differ too: 0.54% for SEPI and 0.99% for ARMW.