COSW vs. FTQI

Last updated Jul 17, 2026

COSW (Roundhill COST WeeklyPay ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - COSW is a Derivative Income fund actively managed by Roundhill, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. COSW is actively managed, while FTQI is passively managed. At a correlation of -0.09, they often move in opposite directions. COSW charges 0.99%/yr vs 0.75%/yr for FTQI.

Performance

COSW vs. FTQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill COST WeeklyPay ETF (COSW) and First Trust Nasdaq BuyWrite Income ETF (FTQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COSW achieves a 9.32% return, which is significantly lower than FTQI's 12.76% return.

COSW

• 1D: 3.90%
• 1M: -5.40%
• 6M: -3.14%
• YTD: 9.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTQI

• 1D: -0.72%
• 1M: 1.28%
• 6M: 11.68%
• YTD: 12.76%
• 1Y: 26.34%
• 3Y*: 16.62%
• 5Y*: 12.26%
• 10Y*: 7.85%

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

COSW vs. FTQI - Yearly Performance Comparison

	2026 (YTD)	2025
COSW Roundhill COST WeeklyPay ETF	9.32%	-10.48%
FTQI First Trust Nasdaq BuyWrite Income ETF	12.76%	2.91%

Correlation

The correlation between COSW and FTQI is -0.09, 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 (All Time) Calculated using the full available price history since Oct 23, 2025	-0.09

COSW vs. FTQI - Sectors Allocation Comparison

Sectors	COSW	FTQI
Consumer Defensive	8.5%	6.2%
Basic Materials	-	1.4%
Communication Services	-	11.8%
Consumer Cyclical	-	10.5%
Energy	-	2.3%
Financial Services	-	5.5%
Healthcare	-	6.0%
Industrials	-	4.1%
Real Estate	-	1.3%
Technology	-	49.4%
Utilities	-	1.5%

Return for Risk

COSW vs. FTQI — Risk / Return Rank

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

COSW

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

FTQI

FTQI Risk / Return Rank: 91
FTQI Sharpe Ratio Rank: 90
FTQI Sortino Ratio Rank: 89
FTQI Omega Ratio Rank: 90
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 94

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.

COSW vs. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill COST WeeklyPay ETF (COSW) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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.

	COSW	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.43	—
Sortino ratio: Return per unit of downside risk	—	3.37	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.24	—
Martin ratio: Return relative to average drawdown	—	20.07	—

Drawdowns

COSW vs. FTQI - Drawdown Comparison

The maximum COSW drawdown since its inception was -20.01%, roughly equal to the maximum FTQI drawdown of -19.42%. Use the drawdown chart below to compare losses from any high point for COSW and FTQI.

Drawdown Indicators

	COSW	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	-20.01%	-19.42%	-0.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.42%	—
Current Drawdown Current decline from peak	-16.77%	-0.85%	-15.92%
Average Drawdown Average peak-to-trough decline	-5.99%	-3.73%	-2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.32%	—

Volatility

Volatility by Period

	COSW	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.16%	10.87%	+15.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.16%	14.82%	+11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.16%	12.98%	+13.18%

COSW vs. FTQI - Expense Ratio Comparison

COSW has a 0.99% expense ratio, which is higher than FTQI's 0.75% expense ratio.

Dividends

COSW vs. FTQI - Dividend Comparison

COSW's dividend yield for the trailing twelve months is around 21.43%, more than FTQI's 10.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COSW Roundhill COST WeeklyPay ETF	21.43%	4.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTQI First Trust Nasdaq BuyWrite Income ETF	10.92%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%

Frequently Asked Questions

Can I hold both COSW and FTQI in my portfolio?

COSW and FTQI have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COSW or FTQI?

On fees, FTQI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COSW or FTQI?

FTQI is cheaper with a 0.75% expense ratio, compared with 0.99% for COSW.

Which ETF pays a higher dividend yield, COSW or FTQI?

COSW has the higher dividend yield at 21.43%, compared with 10.92% for FTQI.

What is the main difference between COSW and FTQI?

COSW is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: Roundhill and First Trust. Their fees differ too: 0.99% for COSW and 0.75% for FTQI.