TPRY vs. ARMW

Last updated Jun 4, 2026

TPRY (VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. TPRY is passively managed, while ARMW is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. TPRY charges 0.95%/yr vs 0.99%/yr for ARMW.

Performance

TPRY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (TPRY) and Roundhill ARM WeeklyPay ETF (ARMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TPRY

• 1D: -0.19%
• 1M: 4.41%
• YTD: —
• 6M: —
• 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)

TPRY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	8.01%
ARMW Roundhill ARM WeeklyPay ETF	282.60%

Correlation

The correlation between TPRY and ARMW is 0.63, 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 Feb 27, 2026	0.63

Return for Risk

TPRY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF (TPRY) 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

	TPRY	ARMW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	4.96	-3.52

Drawdowns

TPRY vs. ARMW - Drawdown Comparison

The maximum TPRY drawdown since its inception was -10.85%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for TPRY and ARMW.

Drawdown Indicators

	TPRY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-10.85%	-48.47%	+37.62%
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-3.13%	-26.55%	+23.42%

Volatility

Volatility by Period

	TPRY	ARMW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.60%	88.46%	-64.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.60%	88.46%	-64.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.60%	88.46%	-64.86%

TPRY vs. ARMW - Expense Ratio Comparison

TPRY has a 0.95% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

TPRY vs. ARMW - Dividend Comparison

TPRY's dividend yield for the trailing twelve months is around 3.54%, less than ARMW's 15.20% yield.

Position	TTM	2025
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%
TPRY VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF	3.54%	0.00%

Frequently Asked Questions

Can I hold both TPRY and ARMW in my portfolio?

TPRY and ARMW have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TPRY or ARMW?

On fees, TPRY is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TPRY or ARMW?

TPRY is cheaper with a 0.95% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 15.20%, compared with 3.54% for TPRY.

What is the main difference between TPRY and ARMW?

They also come from different issuers: VistaShares and Roundhill Investments. Their fees differ too: 0.95% for TPRY and 0.99% for ARMW.