YETH vs. ARMW

Last updated Jun 5, 2026

YETH (Roundhill Ether Covered Call Strategy ETF) and ARMW (Roundhill ARM WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. YETH charges 0.95%/yr vs 0.99%/yr for ARMW.

Performance

YETH vs. ARMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Ether Covered Call Strategy ETF (YETH) 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, YETH achieves a -33.84% return, which is significantly lower than ARMW's 336.58% return.

YETH

• 1D: -1.32%
• 1M: -22.71%
• YTD: -33.84%
• 6M: -33.94%
• 1Y: -31.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMW

• 1D: -5.75%
• 1M: 108.38%
• YTD: 336.58%
• 6M: 222.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YETH vs. ARMW - Yearly Performance Comparison

	2026 (YTD)	2025
YETH Roundhill Ether Covered Call Strategy ETF	-33.84%	-13.96%
ARMW Roundhill ARM WeeklyPay ETF	336.58%	-40.49%

Correlation

The correlation between YETH and ARMW is 0.29, 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	0.29

Return for Risk

YETH vs. ARMW — Risk / Return Rank

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

YETH

YETH Risk / Return Rank: 5
YETH Sharpe Ratio Rank: 4
YETH Sortino Ratio Rank: 5
YETH Omega Ratio Rank: 5
YETH Calmar Ratio Rank: 4
YETH Martin Ratio Rank: 4

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.

YETH vs. ARMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Ether Covered Call Strategy ETF (YETH) 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.

	YETH	ARMW	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	—	—
Sortino ratio: Return per unit of downside risk	-0.51	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.57	—	—
Martin ratio: Return relative to average drawdown	-1.01	—	—
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

	YETH	ARMW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.51	4.33	-4.84

Drawdowns

YETH vs. ARMW - Drawdown Comparison

The maximum YETH drawdown since its inception was -61.73%, which is greater than ARMW's maximum drawdown of -48.47%. Use the drawdown chart below to compare losses from any high point for YETH and ARMW.

Drawdown Indicators

	YETH	ARMW	Difference
Max Drawdown Largest peak-to-trough decline	-61.73%	-48.47%	-13.26%
Max Drawdown (1Y) Largest decline over 1 year	-55.63%	—	—
Current Drawdown Current decline from peak	-59.58%	-5.75%	-53.83%
Average Drawdown Average peak-to-trough decline	-30.99%	-26.42%	-4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.10%	—	—

Volatility

Volatility by Period

	YETH	ARMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.94%	88.57%	-31.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.37%	88.57%	-33.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.37%	88.57%	-33.20%

YETH vs. ARMW - Expense Ratio Comparison

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

Dividends

YETH vs. ARMW - Dividend Comparison

YETH's dividend yield for the trailing twelve months is around 144.02%, more than ARMW's 16.13% yield.

Position	TTM	2025	2024
ARMW Roundhill ARM WeeklyPay ETF	16.13%	16.38%	0.00%
YETH Roundhill Ether Covered Call Strategy ETF	144.02%	109.12%	20.52%

Frequently Asked Questions

Can I hold both YETH and ARMW in my portfolio?

YETH and ARMW have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YETH or ARMW?

On fees, YETH 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, YETH or ARMW?

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

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

YETH has the higher dividend yield at 144.02%, compared with 16.13% for ARMW.

What is the main difference between YETH and ARMW?

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