USOY vs. ARMW

Last updated Jun 4, 2026

USOY (Defiance Oil Enhanced Options Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. USOY charges 1.22%/yr vs 0.99%/yr for ARMW.

Performance

USOY vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Oil Enhanced Options Income ETF (USOY) 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, USOY achieves a 62.18% return, which is significantly lower than ARMW's 363.23% return.

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 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)

USOY vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
USOY Defiance Oil Enhanced Options Income ETF	62.18%	-0.56%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between USOY and ARMW is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	-0.18

Return for Risk

USOY vs. ARMW — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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.

USOY vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Oil Enhanced Options Income ETF (USOY) 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.

	USOY	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	4.03	—	—
Martin ratio: Return relative to average drawdown	7.74	—	—
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

	USOY	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	4.96	-3.97

Drawdowns

USOY vs. ARMW - Drawdown Comparison

The maximum USOY drawdown since its inception was -17.46%, smaller than the maximum ARMW drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for USOY and ARMW.

Drawdown Indicators

	USOY	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-17.46%	-48.47%	+31.01%
Max Drawdown (1Y) Largest decline over 1 year	-14.29%	—	—
Current Drawdown Current decline from peak	-5.11%	0.00%	-5.11%
Average Drawdown Average peak-to-trough decline	-6.47%	-26.55%	+20.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.42%	—	—

Volatility

Volatility by Period

	USOY	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.44%	88.46%	-58.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.13%	88.46%	-62.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.13%	88.46%	-62.33%

USOY vs. ARMW - Expense Ratio Comparison

USOY has a 1.22% expense ratio, which is higher than ARMW's 0.99% expense ratio.

Dividends

USOY vs. ARMW - Dividend Comparison

USOY's dividend yield for the trailing twelve months is around 54.16%, more than ARMW's 15.20% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both USOY and ARMW in my portfolio?

USOY and ARMW have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USOY or ARMW?

On fees, ARMW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USOY or ARMW?

ARMW is cheaper with a 0.99% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 54.16%, compared with 15.20% for ARMW.

What is the main difference between USOY and ARMW?

They also come from different issuers: Defiance and Roundhill Investments. Their fees differ too: 1.22% for USOY and 0.99% for ARMW.