SMCC vs. ARMW

Last updated Jun 6, 2026

SMCC (Defiance Leveraged Long + Income SMCI ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. SMCC charges 1.51%/yr vs 0.99%/yr for ARMW.

Performance

SMCC vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income SMCI ETF (SMCC) 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, SMCC achieves a 5.60% return, which is significantly lower than ARMW's 272.94% return.

SMCC

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.60%
• 6M: -21.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -14.58%
• 1M: 52.72%
• YTD: 272.94%
• 6M: 172.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMCC vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
SMCC Defiance Leveraged Long + Income SMCI ETF	5.60%	-63.22%
ARMW Roundhill ARM WeeklyPay ETF	272.94%	-40.49%

Correlation

The correlation between SMCC and ARMW is 0.29, 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	0.29

Return for Risk

SMCC vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income SMCI ETF (SMCC) 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

	SMCC	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.87	2.98	-3.85

Drawdowns

SMCC vs. ARMW - Drawdown Comparison

The maximum SMCC drawdown since its inception was -75.87%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for SMCC and ARMW.

Drawdown Indicators

	SMCC	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-75.87%	-48.47%	-27.40%
Current Drawdown Current decline from peak	-72.90%	-19.49%	-53.41%
Average Drawdown Average peak-to-trough decline	-53.60%	-26.37%	-27.23%

Volatility

Volatility by Period

	SMCC	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.90%	90.43%	-14.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.90%	90.43%	-14.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.90%	90.43%	-14.53%

SMCC vs. ARMW - Expense Ratio Comparison

SMCC has a 1.51% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

SMCC vs. ARMW - Dividend Comparison

SMCC's dividend yield for the trailing twelve months is around 83.22%, more than ARMW's 18.88% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	18.88%	16.38%
SMCC Defiance Leveraged Long + Income SMCI ETF	83.22%	79.22%

Frequently Asked Questions

Can I hold both SMCC and ARMW in my portfolio?

SMCC and ARMW have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMCC or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMCC or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.51% for SMCC.

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

SMCC has the higher dividend yield at 83.22%, compared with 18.88% for ARMW.

What is the main difference between SMCC and ARMW?

They also come from different issuers: Defiance and Roundhill Investments. Their fees differ too: 1.51% for SMCC and 0.99% for ARMW.