SQY vs. ARMW

Last updated Jun 25, 2026

SQY (YieldMax SQ Option Income Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. SQY charges 1.01%/yr vs 0.99%/yr for ARMW.

Performance

SQY vs. ARMW - Performance Comparison

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

Returns By Period

SQY

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

ARMW

• 1D: -2.38%
• 1M: 19.11%
• YTD: 287.65%
• 6M: 278.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

SQY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) 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

Drawdown Indicators

	SQY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	—	-48.47%	—
Current Drawdown Current decline from peak	—	-21.98%	—
Average Drawdown Average peak-to-trough decline	—	-25.27%	—

Volatility

Volatility by Period

	SQY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	94.53%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	94.53%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	94.53%	—

SQY vs. ARMW - Expense Ratio Comparison

SQY has a 1.01% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

SQY vs. ARMW - Dividend Comparison

SQY has not paid dividends to shareholders, while ARMW's dividend yield for the trailing twelve months is around 26.61%.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	26.61%	16.38%
SQY YieldMax SQ Option Income Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, SQY 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, SQY or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.01% for SQY.

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

ARMW has the higher dividend yield at 26.61%, compared with 0.00% for SQY.

What is the main difference between SQY and ARMW?

They also come from different issuers: YieldMax and Roundhill Investments. Their fees differ too: 1.01% for SQY and 0.99% for ARMW.