COII vs. USOY

Last updated Jul 16, 2026

COII (REX COIN Growth & Income ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, COII returned -68.31% vs 36.51% for USOY. At a correlation of -0.05, they often move in opposite directions. COII charges 0.99%/yr vs 1.22%/yr for USOY.

Performance

COII vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX COIN Growth & Income ETF (COII) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COII achieves a -40.76% return, which is significantly lower than USOY's 44.56% return.

COII

• 1D: 0.00%
• 1M: 0.00%
• 6M: -47.26%
• YTD: -40.76%
• 1Y: -68.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 0.42%
• 1M: -0.44%
• 6M: 40.15%
• YTD: 44.56%
• 1Y: 36.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COII vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
COII REX COIN Growth & Income ETF	-40.76%	-26.88%
USOY Defiance Oil Enhanced Options Income ETF	44.56%	-3.01%

Correlation

The correlation between COII and USOY is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.05

Return for Risk

COII vs. USOY — Risk / Return Rank

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

COII

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

USOY

USOY Risk / Return Rank: 37
USOY Sharpe Ratio Rank: 39
USOY Sortino Ratio Rank: 36
USOY Omega Ratio Rank: 40
USOY Calmar Ratio Rank: 34
USOY Martin Ratio Rank: 35

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.

COII vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX COIN Growth & Income ETF (COII) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	COII	USOY	Difference
Sharpe ratio: Return per unit of total volatility	-0.98	1.13	-2.11
Sortino ratio: Return per unit of downside risk	-1.62	1.58	-3.20
Omega ratio: Gain probability vs. loss probability	0.80	1.22	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.90	1.44	-2.34
Martin ratio: Return relative to average drawdown	-1.33	4.37	-5.70

COII vs. USOY - Sharpe Ratio Comparison

The current COII Sharpe Ratio is -0.98, which is lower than the USOY Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of COII and USOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

COII vs. USOY - Drawdown Comparison

The maximum COII drawdown since its inception was -72.22%, which is greater than USOY's maximum drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for COII and USOY.

Drawdown Indicators

	COII	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-72.22%	-25.51%	-46.71%
Max Drawdown (1Y) Largest decline over 1 year	-72.22%	-25.51%	-46.71%
Current Drawdown Current decline from peak	-70.51%	-15.42%	-55.09%
Average Drawdown Average peak-to-trough decline	-41.08%	-7.05%	-34.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.77%	8.39%	+40.38%

Volatility

COII vs. USOY - Volatility Comparison

REX COIN Growth & Income ETF (COII) has a higher volatility of 14.58% compared to Defiance Oil Enhanced Options Income ETF (USOY) at 12.11%. This indicates that COII's price experiences larger fluctuations and is considered to be riskier than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COII	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.58%	12.11%	+2.47%
Volatility (6M) Calculated over the trailing 6-month period	51.81%	29.88%	+21.93%
Volatility (1Y) Calculated over the trailing 1-year period	66.59%	32.39%	+34.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.93%	27.07%	+39.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.93%	27.07%	+39.86%

COII vs. USOY - Expense Ratio Comparison

COII has a 0.99% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

COII vs. USOY - Dividend Comparison

COII has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 60.51%.

Position	TTM	2025	2024
COII REX COIN Growth & Income ETF	75.93%	41.52%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	60.51%	104.32%	48.60%

Frequently Asked Questions

Can I hold both COII and USOY in my portfolio?

COII and USOY have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COII or USOY?

COII has higher volatility (14.58%) compared to USOY (12.11%). In terms of maximum drawdown, COII dropped -72.22% vs USOY's -25.51%.

Which ETF is better, COII or USOY?

On 1-year performance, USOY leads with 36.51% vs -68.31% for COII. On fees, COII is cheaper at 0.99% per year. On volatility, USOY has been the lower-risk option at 12.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COII or USOY?

Over the 1-year period, USOY has performed better with a 36.51% return vs -68.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COII or USOY?

COII is cheaper with a 0.99% expense ratio, compared with 1.22% for USOY.

Which ETF pays a higher dividend yield, COII or USOY?

COII has the higher dividend yield at 75.93%, compared with 60.51% for USOY.

What is the main difference between COII and USOY?

They also come from different issuers: REX Shares and Defiance. Their fees differ too: 0.99% for COII and 1.22% for USOY.

Which has better risk-adjusted returns?

USOY currently has the higher Sharpe Ratio (1.13 vs -0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.