METW vs NOVM
Comparison between ROUNDHILL META WEEKLYPAY ETF (METW, ETF) and FT VEST U.S. EQUITY MAX BUFFER ETF - NOVEMBER (NOVM, ETF).
METW vs NOVM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
METW
$28M
NOVM
$28M
Expense Ratio
METW
N/A
NOVM
0.85%
Max Drawdown
METW
53.89%
Winner
NOVM
3.26%
Sharpe Ratio
METW
-0.58
Winner
NOVM
1.87
5Y Beta
METW
1.74
Winner
NOVM
0.16
METW vs NOVM - Historical Returns
Returns include dividend reinvestment.
1M
METW
-7.52%
Winner
NOVM
+0.39%
3M
METW
-14.38%
Winner
NOVM
+2.39%
6M
METW
-16.10%
Winner
NOVM
+2.68%
1Y
METW
-25.37%
Winner
NOVM
+7.87%
Max(CAGR)
METW
-25.75%
Winner
NOVM
+6.50%
METW vs NOVM - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | METW | NOVM |
|---|---|---|
| 2026 | -16.95% | +2.34% |
| 2025 | -8.23% | +7.49% |
| 2024 | N/A | +0.23% |
METW vs NOVM Drawdown Comparison
The maximum drawdown for METW was -40.51%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The maximum drawdown for NOVM was -3.26%, occurring on Apr 4, 2025. Recovery took 62 trading sessions.
The current METW drawdown is -35.46%. The current NOVM drawdown is -0.18%.
| Rank | METW | NOVM |
|---|---|---|
| #1 | -40.51% Aug 12, 2025 - Mar 27, 2026 | -3.26% Feb 19, 2025 - May 19, 2025 |
| #2 | -6.67% Jun 30, 2025 - Jul 31, 2025 | -1.48% Feb 25, 2026 - Apr 9, 2026 |
| #3 | -3.30% Jul 31, 2025 - Aug 4, 2025 | -0.81% Dec 16, 2024 - Jan 17, 2025 |
| #4 | -2.32% Jun 18, 2025 - Jun 23, 2025 | -0.62% May 19, 2025 - Jun 3, 2025 |
| #5 | -2.28% Aug 4, 2025 - Aug 12, 2025 | -0.45% Jun 2, 2026 - Jun 10, 2026 |
| #6 | -0.65% Jun 24, 2025 - Jun 26, 2025 | -0.44% Jul 28, 2025 - Aug 8, 2025 |
| #7 | N/A | -0.38% Feb 2, 2026 - Feb 9, 2026 |
| #8 | N/A | -0.37% Jan 12, 2026 - Jan 26, 2026 |
| #9 | N/A | -0.35% Oct 9, 2025 - Oct 17, 2025 |
| #10 | N/A | -0.34% Dec 11, 2025 - Dec 19, 2025 |
| #11 | N/A | -0.29% Feb 9, 2026 - Feb 25, 2026 |
| #12 | N/A | -0.28% Jan 23, 2025 - Feb 6, 2025 |
| #13 | N/A | -0.26% Jun 12, 2025 - Jun 16, 2025 |
| #14 | N/A | -0.24% Aug 18, 2025 - Aug 22, 2025 |
| #15 | N/A | -0.23% Dec 6, 2024 - Dec 16, 2024 |
Correlation
Correlation between METW and NOVM is -0.82 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.82
-101
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