COIW vs. IWMI

Last updated Apr 2, 2026

Compare and contrast key facts about COIN WeeklyPay™ ETF (COIW) and NEOS Russell 2000 High Income ETF (IWMI).

COIW and IWMI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COIW is an actively managed fund by Roundhill. It was launched on Feb 18, 2025. IWMI is an actively managed fund by Neos. It was launched on Jun 24, 2024.

Performance

COIW vs. IWMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in COIN WeeklyPay™ ETF (COIW) and NEOS Russell 2000 High Income ETF (IWMI). The values are adjusted to include any dividend payments, if applicable.

COIW vs. IWMI - Yearly Performance Comparison

	2026 (YTD)	2025
COIW COIN WeeklyPay™ ETF	-28.55%	-23.77%
IWMI NEOS Russell 2000 High Income ETF	1.35%	11.68%

Returns By Period

In the year-to-date period, COIW achieves a -28.55% return, which is significantly lower than IWMI's 1.35% return.

COIW

• 1D: -0.98%
• 1M: -8.42%
• YTD: -28.55%
• 6M: -58.34%
• 1Y: -11.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IWMI

• 1D: 0.42%
• 1M: -4.18%
• YTD: 1.35%
• 6M: 4.98%
• 1Y: 26.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIW vs. IWMI - Expense Ratio Comparison

COIW has a 0.99% expense ratio, which is higher than IWMI's 0.68% expense ratio.

COIW

COIN WeeklyPay™ ETF

IWMI

NEOS Russell 2000 High Income ETF

Return for Risk

COIW vs. IWMI — Risk / Return Rank

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

COIW

COIW Risk / Return Rank: 13
COIW Sharpe Ratio Rank: 9
COIW Sortino Ratio Rank: 18
COIW Omega Ratio Rank: 17
COIW Calmar Ratio Rank: 10
COIW Martin Ratio Rank: 10

IWMI

IWMI Risk / Return Rank: 76
IWMI Sharpe Ratio Rank: 74
IWMI Sortino Ratio Rank: 76
IWMI Omega Ratio Rank: 71
IWMI Calmar Ratio Rank: 76
IWMI Martin Ratio Rank: 83

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.

COIW vs. IWMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for COIN WeeklyPay™ ETF (COIW) and NEOS Russell 2000 High Income ETF (IWMI). 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.

	COIW	IWMI	Difference
Sharpe ratio Return per unit of total volatility	-0.12	1.37	-1.49
Sortino ratio Return per unit of downside risk	0.51	1.98	-1.47
Omega ratio Gain probability vs. loss probability	1.06	1.27	-0.21
Calmar ratio Return relative to maximum drawdown	-0.13	2.09	-2.22
Martin ratio Return relative to average drawdown	-0.25	9.62	-9.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COIW vs. IWMI - Sharpe Ratio Comparison

The current COIW Sharpe Ratio is -0.12, which is lower than the IWMI Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of COIW and IWMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COIW	IWMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	1.37	-1.49
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	0.72	-1.17

Correlation

The correlation between COIW and IWMI is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

COIW vs. IWMI - Dividend Comparison

COIW's dividend yield for the trailing twelve months is around 202.89%, more than IWMI's 14.42% yield.

	TTM	2025	2024
COIW COIN WeeklyPay™ ETF	202.89%	120.37%	0.00%
IWMI NEOS Russell 2000 High Income ETF	14.42%	14.05%	8.78%

Drawdowns

COIW vs. IWMI - Drawdown Comparison

The maximum COIW drawdown since its inception was -74.55%, which is greater than IWMI's maximum drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for COIW and IWMI.

Drawdown Indicators

	COIW	IWMI	Difference
Max Drawdown Largest peak-to-trough decline	-74.55%	-23.88%	-50.67%
Max Drawdown (1Y) Largest decline over 1 year	-74.55%	-12.42%	-62.13%
Current Drawdown Current decline from peak	-67.65%	-4.80%	-62.85%
Average Drawdown Average peak-to-trough decline	-33.68%	-4.44%	-29.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.63%	2.70%	+35.93%

Volatility

COIW vs. IWMI - Volatility Comparison

COIN WeeklyPay™ ETF (COIW) has a higher volatility of 28.20% compared to NEOS Russell 2000 High Income ETF (IWMI) at 6.95%. This indicates that COIW's price experiences larger fluctuations and is considered to be riskier than IWMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COIW	IWMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.20%	6.95%	+21.25%
Volatility (6M) Calculated over the trailing 6-month period	63.40%	11.89%	+51.51%
Volatility (1Y) Calculated over the trailing 1-year period	91.52%	19.09%	+72.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.23%	18.28%	+74.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.23%	18.28%	+74.95%