COIW vs. COIN
COIW (COIN WeeklyPay™ ETF) is Derivative Income fund actively managed by Roundhill, while COIN (Coinbase Global, Inc.) is a stock. Over the past year, COIW returned -68.94% vs -59.34% for COIN. With a 1.00 correlation, they move nearly in lockstep.
Performance
COIW vs. COIN - Performance Comparison
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Returns By Period
In the year-to-date period, COIW achieves a -37.87% return, which is significantly lower than COIN's -30.41% return.
COIW
- 1D
- -1.35%
- 1M
- -2.31%
- 6M
- -43.17%
- YTD
- -37.87%
- 1Y
- -68.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIN
- 1D
- -1.07%
- 1M
- -1.51%
- 6M
- -35.23%
- YTD
- -30.41%
- 1Y
- -59.34%
- 3Y*
- 14.33%
- 5Y*
- -7.30%
- 10Y*
- —
COIW vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COIW COIN WeeklyPay™ ETF | -37.87% | -25.92% |
COIN Coinbase Global, Inc. | -30.41% | -14.54% |
Correlation
The correlation between COIW and COIN is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 1.00 |
The correlation between COIW and COIN has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
COIW vs. COIN — Risk / Return Rank
COIW
COIN
COIW vs. COIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for COIN WeeklyPay™ ETF (COIW) and Coinbase Global, Inc. (COIN). 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.
| COIW | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.84 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | -0.90 | -0.03 |
| Martin ratioReturn relative to average drawdown | -1.33 | -1.34 | +0.01 |
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Drawdowns
COIW vs. COIN - Drawdown Comparison
The maximum COIW drawdown since its inception was -75.01%, smaller than the maximum COIN drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for COIW and COIN.
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Drawdown Indicators
| COIW | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.01% | -91.46% | +16.45% |
Max Drawdown (1Y)Largest decline over 1 year | -75.01% | -66.39% | -8.62% |
Max Drawdown (3Y)Largest decline over 3 years | — | -66.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.90% | — |
Current DrawdownCurrent decline from peak | -71.87% | -62.51% | -9.36% |
Average DrawdownAverage peak-to-trough decline | -40.53% | -52.73% | +12.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.02% | 44.40% | +7.62% |
Volatility
COIW vs. COIN - Volatility Comparison
COIN WeeklyPay™ ETF (COIW) has a higher volatility of 20.49% compared to Coinbase Global, Inc. (COIN) at 17.14%. This indicates that COIW's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COIW | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.49% | 17.14% | +3.35% |
Volatility (6M)Calculated over the trailing 6-month period | 64.13% | 52.80% | +11.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.00% | 67.63% | +14.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.86% | 85.97% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.86% | 85.18% | +4.68% |
Dividends
COIW vs. COIN - Dividend Comparison
COIW's dividend yield for the trailing twelve months is around 237.73%, while COIN has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% |
COIW COIN WeeklyPay™ ETF | 237.73% | 120.37% |
Frequently Asked Questions
With a correlation of 1.00, COIW and COIN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
COIW has higher volatility (20.49%) compared to COIN (17.14%). In terms of maximum drawdown, COIW dropped -75.01% vs COIN's -91.46%.
COIW currently has the higher Sharpe Ratio (-0.84 vs -0.88), 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.
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