XRMI vs. ARMW

Last updated Jun 4, 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. At a 0.30 correlation, their price movements are largely independent. 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 1.75% return, which is significantly lower than ARMW's 363.23% return.

XRMI

• 1D: -0.20%
• 1M: 1.38%
• YTD: 1.75%
• 6M: 2.96%
• 1Y: 9.48%
• 3Y*: 6.71%
• 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)

XRMI vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
XRMI Global X S&P 500 Risk Managed Income ETF	1.75%	2.82%
ARMW Roundhill ARM WeeklyPay ETF	363.23%	-40.49%

Correlation

The correlation between XRMI and ARMW is 0.30, 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	0.30

XRMI vs. ARMW - Sectors Allocation Comparison

Sectors	XRMI	ARMW
Technology	35.6%	36.0%
Financial Services	11.8%	-
Communication Services	11.2%	-
Consumer Cyclical	10.2%	-
Healthcare	8.5%	-
Industrials	8.3%	-
Consumer Defensive	4.9%	-
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	-

Return for Risk

XRMI vs. ARMW — Risk / Return Rank

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

XRMI

XRMI Risk / Return Rank: 48
XRMI Sharpe Ratio Rank: 51
XRMI Sortino Ratio Rank: 50
XRMI Omega Ratio Rank: 55
XRMI Calmar Ratio Rank: 39
XRMI 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.

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.

	XRMI	ARMW	Difference
Sharpe ratio Return per unit of total volatility	1.78	—	—
Sortino ratio Return per unit of downside risk	2.48	—	—
Omega ratio Gain probability vs. loss probability	1.35	—	—
Calmar ratio Return relative to maximum drawdown	1.90	—	—
Martin ratio Return relative to average drawdown	7.70	—	—
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

	XRMI	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	4.96	-4.59

Drawdowns

XRMI vs. ARMW - Drawdown Comparison

The maximum XRMI drawdown since its inception was -15.31%, smaller than the maximum ARMW drawdown of -48.47%. 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%	-48.47%	+33.16%
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	-0.20%	0.00%	-0.20%
Average Drawdown Average peak-to-trough decline	-5.94%	-26.55%	+20.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	—	—

Volatility

Volatility by Period

	XRMI	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.39%	88.46%	-83.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.91%	88.46%	-81.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.91%	88.46%	-81.55%

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 12.62%, less than ARMW's 15.20% yield.

Position	TTM	2025	2024	2023	2022	2021
ARMW Roundhill ARM WeeklyPay ETF	15.20%	16.38%	0.00%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.62%	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 0.30, 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 15.20%, compared with 12.62% for XRMI.

What is the main difference between XRMI and ARMW?

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