TDAQ vs. ARMW

Last updated Jun 4, 2026

TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. TDAQ charges 0.68%/yr vs 0.99%/yr for ARMW.

Performance

TDAQ vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) 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, TDAQ achieves a 20.13% return, which is significantly lower than ARMW's 363.23% return.

TDAQ

• 1D: -0.48%
• 1M: 10.56%
• YTD: 20.13%
• 6M: 19.09%
• 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)

TDAQ vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	20.13%	1.82%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between TDAQ and ARMW is 0.58, 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	0.58

TDAQ vs. ARMW - Sectors Allocation Comparison

Sectors	TDAQ	ARMW
Technology	54.2%	36.0%
Communication Services	15.5%	-
Consumer Cyclical	12.2%	-
Consumer Defensive	7.6%	-
Healthcare	4.2%	-
Industrials	2.8%	-
Utilities	1.4%	-
Basic Materials	1.2%	-
Energy	0.6%	-
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

TDAQ vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) 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

	TDAQ	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	4.96	-2.41

Drawdowns

TDAQ vs. ARMW - Drawdown Comparison

The maximum TDAQ drawdown since its inception was -11.31%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for TDAQ and ARMW.

Drawdown Indicators

	TDAQ	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-11.31%	-48.47%	+37.16%
Current Drawdown Current decline from peak	-0.48%	0.00%	-0.48%
Average Drawdown Average peak-to-trough decline	-2.25%	-26.55%	+24.30%

Volatility

Volatility by Period

	TDAQ	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	88.46%	-71.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	88.46%	-71.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	88.46%	-71.32%

TDAQ vs. ARMW - Expense Ratio Comparison

TDAQ has a 0.68% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

TDAQ vs. ARMW - Dividend Comparison

TDAQ's dividend yield for the trailing twelve months is around 10.10%, less than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	10.10%	4.32%

Frequently Asked Questions

Can I hold both TDAQ and ARMW in my portfolio?

TDAQ and ARMW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDAQ or ARMW?

On fees, TDAQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAQ or ARMW?

TDAQ is cheaper with a 0.68% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 10.10% for TDAQ.

What is the main difference between TDAQ and ARMW?

They also come from different issuers: TappAlpha and Roundhill Investments. Their fees differ too: 0.68% for TDAQ and 0.99% for ARMW.