TOPW vs. METV

Last updated Apr 9, 2026

TOPW (Roundhill Top WeeklyPay ETF) and METV (Roundhill Ball Metaverse ETF) are both exchange-traded funds — TOPW is a Derivative Income fund tracking the Solactive Roundhill WeeklyPay Universe Index, while METV is a Technology Equities fund tracking the Ball Metaverse Index - Benchmark TR Net. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. TOPW charges 0.99%/yr vs 0.75%/yr for METV.

Performance

TOPW vs. METV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Top WeeklyPay ETF (TOPW) and Roundhill Ball Metaverse ETF (METV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOPW achieves a -7.21% return, which is significantly higher than METV's -12.62% return.

TOPW

• 1D: 2.90%
• 1M: -0.70%
• YTD: -7.21%
• 6M: -21.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

METV

• 1D: 2.56%
• 1M: -0.67%
• YTD: -12.62%
• 6M: -22.60%
• 1Y: 41.84%
• 3Y*: 21.20%
• 5Y*: —
• 10Y*: —

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

TOPW vs. METV - Yearly Performance Comparison

	2026 (YTD)	2025
TOPW Roundhill Top WeeklyPay ETF	-7.21%	-2.47%
METV Roundhill Ball Metaverse ETF	-12.62%	-2.67%

Correlation

The correlation between TOPW and METV is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 5, 2025	0.87

TOPW vs. METV - Expense Ratio Comparison

TOPW has a 0.99% expense ratio, which is higher than METV's 0.75% expense ratio.

Return for Risk

TOPW vs. METV — Risk / Return Rank

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

METV

METV Risk / Return Rank: 32
METV Sharpe Ratio Rank: 37
METV Sortino Ratio Rank: 38
METV Omega Ratio Rank: 36
METV Calmar Ratio Rank: 27
METV Martin Ratio Rank: 23

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.

TOPW vs. METV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Top WeeklyPay ETF (TOPW) and Roundhill Ball Metaverse ETF (METV). 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

	TOPW	METV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	0.06	-0.60

Drawdowns

TOPW vs. METV - Drawdown Comparison

The maximum TOPW drawdown since its inception was -29.87%, smaller than the maximum METV drawdown of -59.64%. Use the drawdown chart below to compare losses from any high point for TOPW and METV.

Drawdown Indicators

	TOPW	METV	Difference
Max Drawdown Largest peak-to-trough decline	-29.87%	-59.64%	+29.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.27%	—
Current Drawdown Current decline from peak	-22.48%	-22.71%	+0.23%
Average Drawdown Average peak-to-trough decline	-13.05%	-26.40%	+13.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.93%	—

Volatility

Volatility by Period

	TOPW	METV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.26%	27.61%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.26%	30.19%	-0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.26%	30.19%	-0.93%

Dividends

TOPW vs. METV - Dividend Comparison

TOPW's dividend yield for the trailing twelve months is around 37.61%, more than METV's 0.21% yield.

	TTM	2025	2024	2023	2022
TOPW Roundhill Top WeeklyPay ETF	37.61%	21.52%	0.00%	0.00%	0.00%
METV Roundhill Ball Metaverse ETF	0.21%	0.18%	0.00%	0.17%	0.09%