THTA vs. ARMW

Last updated Jun 4, 2026

THTA (SoFi Enhanced Yield ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. THTA charges 0.49%/yr vs 0.99%/yr for ARMW.

Performance

THTA vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Enhanced Yield ETF (THTA) 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, THTA achieves a 6.86% return, which is significantly lower than ARMW's 363.23% return.

THTA

• 1D: -0.02%
• 1M: 0.56%
• YTD: 6.86%
• 6M: 8.04%
• 1Y: 16.78%
• 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)

THTA vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
THTA SoFi Enhanced Yield ETF	6.86%	3.18%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between THTA and ARMW is 0.19, 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	0.19

Return for Risk

THTA vs. ARMW — Risk / Return Rank

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

THTA

THTA Risk / Return Rank: 92
THTA Sharpe Ratio Rank: 87
THTA Sortino Ratio Rank: 90
THTA Omega Ratio Rank: 95
THTA Calmar Ratio Rank: 92
THTA Martin Ratio Rank: 97

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.

THTA vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Enhanced Yield ETF (THTA) 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.

	THTA	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	2.91	—	—
Sortino ratio: Return per unit of downside risk	4.29	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	6.39	—	—
Martin ratio: Return relative to average drawdown	52.08	—	—
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

	THTA	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	4.96	-4.88

Drawdowns

THTA vs. ARMW - Drawdown Comparison

The maximum THTA drawdown since its inception was -31.41%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for THTA and ARMW.

Drawdown Indicators

	THTA	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-31.41%	-48.47%	+17.06%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	—	—
Current Drawdown Current decline from peak	-6.79%	0.00%	-6.79%
Average Drawdown Average peak-to-trough decline	-7.52%	-26.55%	+19.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.32%	—	—

Volatility

Volatility by Period

	THTA	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.80%	88.46%	-82.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.25%	88.46%	-68.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	88.46%	-68.21%

THTA vs. ARMW - Expense Ratio Comparison

THTA has a 0.49% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

THTA vs. ARMW - Dividend Comparison

THTA's dividend yield for the trailing twelve months is around 11.26%, 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%
THTA SoFi Enhanced Yield ETF	11.26%	12.66%	12.44%	0.58%

Frequently Asked Questions

Can I hold both THTA and ARMW in my portfolio?

THTA and ARMW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THTA or ARMW?

On fees, THTA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THTA or ARMW?

THTA is cheaper with a 0.49% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 11.26% for THTA.

What is the main difference between THTA and ARMW?

They also come from different issuers: SoFi and Roundhill Investments. Their fees differ too: 0.49% for THTA and 0.99% for ARMW.