COIW vs. SDTY

Last updated Jun 9, 2026

COIW (COIN WeeklyPay™ ETF) and SDTY (YieldMax S&P 500 0DTE Covered Call Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, COIW returned -46.63% vs 21.67% for SDTY. A 0.55 correlation means they provide meaningful diversification when combined. COIW charges 0.99%/yr vs 1.01%/yr for SDTY.

Performance

COIW vs. SDTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in COIN WeeklyPay™ ETF (COIW) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COIW achieves a -35.32% return, which is significantly lower than SDTY's 6.19% return.

COIW

• 1D: 7.79%
• 1M: -23.46%
• YTD: -35.32%
• 6M: -48.91%
• 1Y: -46.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDTY

• 1D: 0.23%
• 1M: -0.08%
• YTD: 6.19%
• 6M: 6.33%
• 1Y: 21.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIW vs. SDTY - Yearly Performance Comparison

	2026 (YTD)	2025
COIW COIN WeeklyPay™ ETF	-35.32%	-23.77%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	6.19%	9.05%

Correlation

The correlation between COIW and SDTY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	0.55

The correlation between COIW and SDTY has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.

COIW vs. SDTY - Sectors Allocation Comparison

Sectors	COIW	SDTY
Financial Services	6.0%	11.8%
Basic Materials	-	1.8%
Communication Services	-	11.2%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Healthcare	-	8.5%
Industrials	-	8.3%
Real Estate	-	1.9%
Technology	-	35.6%
Utilities	-	2.4%

Return for Risk

COIW vs. SDTY — Risk / Return Rank

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

COIW

COIW Risk / Return Rank: 5
COIW Sharpe Ratio Rank: 5
COIW Sortino Ratio Rank: 6
COIW Omega Ratio Rank: 6
COIW Calmar Ratio Rank: 4
COIW Martin Ratio Rank: 5

SDTY

SDTY Risk / Return Rank: 65
SDTY Sharpe Ratio Rank: 65
SDTY Sortino Ratio Rank: 64
SDTY Omega Ratio Rank: 67
SDTY Calmar Ratio Rank: 61
SDTY Martin Ratio Rank: 69

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. SDTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for COIN WeeklyPay™ ETF (COIW) and YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY). 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	SDTY	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	1.94	-2.49
Sortino ratio: Return per unit of downside risk	-0.47	2.64	-3.11
Omega ratio: Gain probability vs. loss probability	0.95	1.36	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.63	2.71	-3.34
Martin ratio: Return relative to average drawdown	-0.99	11.38	-12.37
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. SDTY - Sharpe Ratio Comparison

The current COIW Sharpe Ratio is -0.55, which is lower than the SDTY Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of COIW and SDTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	COIW	SDTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	1.94	-2.49
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	0.73	-1.19

Drawdowns

COIW vs. SDTY - Drawdown Comparison

The maximum COIW drawdown since its inception was -74.55%, which is greater than SDTY's maximum drawdown of -18.63%. Use the drawdown chart below to compare losses from any high point for COIW and SDTY.

Drawdown Indicators

	COIW	SDTY	Difference
Max Drawdown Largest peak-to-trough decline	-74.55%	-18.63%	-55.92%
Max Drawdown (1Y) Largest decline over 1 year	-74.55%	-8.02%	-66.53%
Current Drawdown Current decline from peak	-70.71%	-2.70%	-68.01%
Average Drawdown Average peak-to-trough decline	-38.03%	-3.02%	-35.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.34%	1.91%	+45.43%

Volatility

COIW vs. SDTY - Volatility Comparison

COIN WeeklyPay™ ETF (COIW) has a higher volatility of 25.57% compared to YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) at 3.44%. This indicates that COIW's price experiences larger fluctuations and is considered to be riskier than SDTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COIW	SDTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.57%	3.44%	+22.13%
Volatility (6M) Calculated over the trailing 6-month period	62.78%	8.74%	+54.04%
Volatility (1Y) Calculated over the trailing 1-year period	85.48%	11.23%	+74.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.27%	16.85%	+74.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.27%	16.85%	+74.42%

COIW vs. SDTY - Expense Ratio Comparison

COIW has a 0.99% expense ratio, which is lower than SDTY's 1.01% expense ratio.

Dividends

COIW vs. SDTY - Dividend Comparison

COIW's dividend yield for the trailing twelve months is around 235.93%, more than SDTY's 26.00% yield.

Position	TTM	2025
COIW COIN WeeklyPay™ ETF	235.93%	120.37%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	26.00%	22.00%

Frequently Asked Questions

Can I hold both COIW and SDTY in my portfolio?

COIW and SDTY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, COIW or SDTY?

COIW has higher volatility (25.57%) compared to SDTY (3.44%). In terms of maximum drawdown, COIW dropped -74.55% vs SDTY's -18.63%.

Which ETF is better, COIW or SDTY?

On 1-year performance, SDTY leads with 21.67% vs -46.63% for COIW. On fees, COIW is cheaper at 0.99% per year. On volatility, SDTY has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, COIW or SDTY?

Over the 1-year period, SDTY has performed better with a 21.67% return vs -46.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, COIW or SDTY?

COIW is cheaper with a 0.99% expense ratio, compared with 1.01% for SDTY.

Which ETF pays a higher dividend yield, COIW or SDTY?

COIW has the higher dividend yield at 235.93%, compared with 26.00% for SDTY.

What is the main difference between COIW and SDTY?

They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.99% for COIW and 1.01% for SDTY.

Which has better risk-adjusted returns?

SDTY currently has the higher Sharpe Ratio (1.94 vs -0.55), 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.