TDVI vs. ARMW

Last updated Jun 4, 2026

TDVI (FT Vest Technology Dividend Target Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. TDVI charges 0.75%/yr vs 0.99%/yr for ARMW.

Performance

TDVI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Technology Dividend Target Income ETF (TDVI) 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, TDVI achieves a 30.16% return, which is significantly lower than ARMW's 363.23% return.

TDVI

• 1D: -1.77%
• 1M: 15.46%
• YTD: 30.16%
• 6M: 28.30%
• 1Y: 52.59%
• 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)

TDVI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
TDVI FT Vest Technology Dividend Target Income ETF	30.16%	-2.35%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between TDVI and ARMW is 0.61, 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	0.61

Return for Risk

TDVI vs. ARMW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDVI

TDVI Risk / Return Rank: 86
TDVI Sharpe Ratio Rank: 88
TDVI Sortino Ratio Rank: 86
TDVI Omega Ratio Rank: 84
TDVI Calmar Ratio Rank: 89
TDVI Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDVI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Technology Dividend Target Income ETF (TDVI) 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.

	TDVI	ARMW	Difference
Sharpe ratio Return per unit of total volatility	3.00	—	—
Sortino ratio Return per unit of downside risk	3.94	—	—
Omega ratio Gain probability vs. loss probability	1.51	—	—
Calmar ratio Return relative to maximum drawdown	5.38	—	—
Martin ratio Return relative to average drawdown	17.05	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TDVI	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	4.96	-3.29

Drawdowns

TDVI vs. ARMW - Drawdown Comparison

The maximum TDVI drawdown since its inception was -22.08%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for TDVI and ARMW.

Drawdown Indicators

	TDVI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-22.08%	-48.47%	+26.39%
Max Drawdown (1Y) Largest decline over 1 year	-9.83%	—	—
Current Drawdown Current decline from peak	-1.77%	0.00%	-1.77%
Average Drawdown Average peak-to-trough decline	-2.98%	-26.55%	+23.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	—	—

Volatility

Volatility by Period

	TDVI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.69%	88.46%	-70.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.65%	88.46%	-68.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	88.46%	-68.81%

TDVI vs. ARMW - Expense Ratio Comparison

TDVI has a 0.75% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

TDVI vs. ARMW - Dividend Comparison

TDVI's dividend yield for the trailing twelve months is around 6.41%, less than ARMW's 15.20% yield.

Position	TTM	2025	2024	2023
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%	0.00%
TDVI FT Vest Technology Dividend Target Income ETF	6.41%	7.53%	7.90%	3.04%

Frequently Asked Questions

Can I hold both TDVI and ARMW in my portfolio?

TDVI and ARMW have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDVI or ARMW?

On fees, TDVI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDVI or ARMW?

TDVI is cheaper with a 0.75% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 6.41% for TDVI.

What is the main difference between TDVI and ARMW?

They also come from different issuers: First Trust and Roundhill Investments. Their fees differ too: 0.75% for TDVI and 0.99% for ARMW.