YNOT vs. ARMH

Last updated Jun 25, 2026

YNOT (Horizon Digital Frontier ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both Technology Equities funds. Both are actively managed. A 0.76 correlation means they provide meaningful diversification when combined. YNOT charges 0.75%/yr vs 0.19%/yr for ARMH.

Performance

YNOT vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Digital Frontier ETF (YNOT) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YNOT

• 1D: -0.87%
• 1M: -3.08%
• YTD: 12.57%
• 6M: 10.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMH

• 1D: -2.04%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YNOT vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
YNOT Horizon Digital Frontier ETF	-4.35%
ARMH Arm Holdings PLC ADRhedged ETF	17.06%

Correlation

The correlation between YNOT and ARMH is 0.76, 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 May 28, 2026	0.76

Return for Risk

YNOT vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Digital Frontier ETF (YNOT) and Arm Holdings PLC ADRhedged ETF (ARMH). 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.

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

Drawdowns

YNOT vs. ARMH - Drawdown Comparison

The maximum YNOT drawdown since its inception was -16.73%, smaller than the maximum ARMH drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for YNOT and ARMH.

Drawdown Indicators

	YNOT	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	-16.73%	-24.85%	+8.12%
Current Drawdown Current decline from peak	-9.19%	-18.04%	+8.85%
Average Drawdown Average peak-to-trough decline	-3.90%	-8.26%	+4.36%

Volatility

Volatility by Period

	YNOT	ARMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.39%	119.19%	-94.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.39%	119.19%	-94.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.39%	119.19%	-94.80%

YNOT vs. ARMH - Expense Ratio Comparison

YNOT has a 0.75% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

YNOT vs. ARMH - Dividend Comparison

Neither YNOT nor ARMH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both YNOT and ARMH in my portfolio?

YNOT and ARMH have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YNOT or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YNOT or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.75% for YNOT.

Which ETF pays a higher dividend yield, YNOT or ARMH?

YNOT and ARMH have nearly identical dividend yields, around 0.00%.

What is the main difference between YNOT and ARMH?

They also come from different issuers: Horizon and Precidian. Their fees differ too: 0.75% for YNOT and 0.19% for ARMH.