XRMI vs. ARMW

Last updated Aug 2, 2026

XRMI (Global X S&P 500 Risk Managed Income ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. XRMI is passively managed, while ARMW is actively managed. Their 0.36 correlation means their historical movements had little consistent relationship. XRMI charges 0.60%/yr vs 0.99%/yr for ARMW.

Performance

XRMI vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Risk Managed Income ETF (XRMI) 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, XRMI achieves a 3.64% return, which is significantly lower than ARMW's 134.95% return.

XRMI

• 1D: 0.11%
• 1M: 1.10%
• 6M: 2.36%
• YTD: 3.64%
• 1Y: 10.84%
• 3Y*: 6.75%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.76%

ARMW

• 1D: -1.33%
• 1M: -28.55%
• 6M: 146.99%
• YTD: 134.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARMW Roundhill ARM WeeklyPay ETF	$3.87M	$4.86M	$4.12M
XRMI Global X S&P 500 Risk Managed Income ETF	$126.16K	$125.56K	$168.31K

XRMI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
XRMI Global X S&P 500 Risk Managed Income ETF	3.64%	3.17%
ARMW Roundhill ARM WeeklyPay ETF	134.95%	-41.28%

Correlation

The correlation between XRMI and ARMW is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.36

XRMI vs. ARMW - Sectors Allocation Comparison

Sectors	XRMI	ARMW
Technology	38.5%	18.0%
Financial Services	11.5%	-
Communication Services	9.9%	-
Consumer Cyclical	9.5%	-
Healthcare	8.9%	-
Industrials	8.4%	-
Consumer Defensive	4.5%	-
Energy	3.0%	-
Utilities	2.2%	-
Real Estate	1.9%	-
Basic Materials	1.6%	-

Return for Risk

XRMI vs. ARMW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XRMI

XRMI Risk / Return Rank: 71
XRMI Sharpe Ratio Rank: 77
XRMI Sortino Ratio Rank: 76
XRMI Omega Ratio Rank: 80
XRMI Calmar Ratio Rank: 56
XRMI Martin Ratio Rank: 66

ARMW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XRMI vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Risk Managed Income ETF (XRMI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XRMI	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.45	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	1.98	—	—
Martin ratio: Return relative to average drawdown	7.99	—	—

Drawdowns

XRMI vs. ARMW - Drawdown Comparison

The maximum XRMI drawdown since its inception was -15.31%, smaller than the maximum ARMW drawdown of -56.50%. Use the drawdown chart below to compare losses from any high point for XRMI and ARMW.

Drawdown Indicators

	XRMI	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-15.31%	-56.50%	+41.19%
Max Drawdown (1Y) Largest decline over 1 year	-5.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.34%	—	—
Current Drawdown Current decline from peak	-0.23%	-52.71%	+52.48%
Average Drawdown Average peak-to-trough decline	-5.75%	-27.18%	+21.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	—	—

Volatility

Volatility by Period

	XRMI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.68%	96.03%	-90.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.87%	96.03%	-89.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.87%	96.03%	-89.16%

XRMI vs. ARMW - Expense Ratio Comparison

XRMI has a 0.60% expense ratio, which is lower than ARMW's 0.99% expense ratio.

Dividends

XRMI vs. ARMW - Dividend Comparison

XRMI's dividend yield for the trailing twelve months is around 12.52%, less than ARMW's 62.70% yield.

Position	TTM	2025	2024	2023	2022	2021
ARMW Roundhill ARM WeeklyPay ETF	62.70%	16.38%	0.00%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.52%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both XRMI and ARMW in my portfolio?

XRMI and ARMW have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRMI or ARMW?

On fees, XRMI is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRMI or ARMW?

XRMI is cheaper with a 0.60% expense ratio, compared with 0.99% for ARMW.

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

ARMW has the higher dividend yield at 62.70%, compared with 12.52% for XRMI.

What is the main difference between XRMI and ARMW?

They also come from different issuers: Global X and Roundhill. Their fees differ too: 0.60% for XRMI and 0.99% for ARMW.