COSW vs. PEPS
COSW (Roundhill COST WeeklyPay ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.08, they often move in opposite directions. COSW charges 0.99%/yr vs 0.10%/yr for PEPS.
Performance
COSW vs. PEPS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, COSW achieves a 12.13% return, which is significantly higher than PEPS's 10.67% return.
COSW
- 1D
- 0.92%
- 1M
- -6.40%
- YTD
- 12.13%
- 6M
- 2.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PEPS
- 1D
- -0.51%
- 1M
- 6.44%
- YTD
- 10.67%
- 6M
- 10.79%
- 1Y
- 31.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COSW vs. PEPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COSW Roundhill COST WeeklyPay ETF | 12.13% | -10.71% |
PEPS Parametric Equity Plus ETF | 10.67% | 2.06% |
Correlation
The correlation between COSW and PEPS is -0.08, 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 24, 2025 | -0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COSW vs. PEPS — Risk / Return Rank
COSW
PEPS
COSW vs. PEPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill COST WeeklyPay ETF (COSW) and Parametric Equity Plus ETF (PEPS). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| COSW | PEPS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 1.05 | -1.04 |
Drawdowns
COSW vs. PEPS - Drawdown Comparison
The maximum COSW drawdown since its inception was -16.24%, smaller than the maximum PEPS drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for COSW and PEPS.
Loading charts...
Drawdown Indicators
| COSW | PEPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.24% | -21.26% | +5.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -14.62% | -0.51% | -14.11% |
Average DrawdownAverage peak-to-trough decline | -4.17% | -2.77% | -1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.09% | — |
Volatility
COSW vs. PEPS - Volatility Comparison
Loading charts...
Volatility by Period
| COSW | PEPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.83% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 26.10% | 13.06% | +13.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.10% | 18.31% | +7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.10% | 18.31% | +7.79% |
COSW vs. PEPS - Expense Ratio Comparison
COSW has a 0.99% expense ratio, which is higher than PEPS's 0.10% expense ratio.
Dividends
COSW vs. PEPS - Dividend Comparison
COSW's dividend yield for the trailing twelve months is around 18.13%, more than PEPS's 0.88% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
COSW Roundhill COST WeeklyPay ETF | 18.13% | 4.96% | 0.00% |
PEPS Parametric Equity Plus ETF | 0.88% | 1.00% | 0.17% |
Frequently Asked Questions
COSW and PEPS have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PEPS is cheaper with a 0.10% expense ratio, compared with 0.99% for COSW.
COSW has the higher dividend yield at 18.13%, compared with 0.88% for PEPS.
They also come from different issuers: Roundhill and Parametric. Their fees differ too: 0.99% for COSW and 0.10% for PEPS.
Find the right allocation for COSW and PEPS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer