COSW vs. XYLG

Last updated Jun 4, 2026

COSW (Roundhill COST WeeklyPay ETF) and XYLG (Global X S&P 500 Covered Call & Growth ETF) are both Derivative Income funds. COSW is actively managed, while XYLG is passively managed. At a correlation of -0.12, they often move in opposite directions. COSW charges 0.99%/yr vs 0.35%/yr for XYLG.

Performance

COSW vs. XYLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill COST WeeklyPay ETF (COSW) and Global X S&P 500 Covered Call & Growth ETF (XYLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COSW achieves a 12.13% return, which is significantly higher than XYLG's 7.92% return.

COSW

• 1D: 0.92%
• 1M: -6.40%
• YTD: 12.13%
• 6M: 2.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XYLG

• 1D: -0.32%
• 1M: 3.65%
• YTD: 7.92%
• 6M: 8.68%
• 1Y: 23.12%
• 3Y*: 16.66%
• 5Y*: 10.64%
• 10Y*: —

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

COSW vs. XYLG - Yearly Performance Comparison

	2026 (YTD)	2025
COSW Roundhill COST WeeklyPay ETF	12.13%	-10.71%
XYLG Global X S&P 500 Covered Call & Growth ETF	7.92%	3.18%

Correlation

The correlation between COSW and XYLG is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	-0.12

COSW vs. XYLG - Sectors Allocation Comparison

Sectors	COSW	XYLG
Consumer Defensive	7.9%	4.7%
Basic Materials	-	1.7%
Communication Services	-	10.8%
Consumer Cyclical	-	9.9%
Energy	-	3.4%
Financial Services	-	11.4%
Healthcare	-	8.3%
Industrials	-	7.7%
Real Estate	-	1.9%
Technology	-	38.7%
Utilities	-	2.7%

Return for Risk

COSW vs. XYLG — Risk / Return Rank

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

XYLG

XYLG Risk / Return Rank: 75
XYLG Sharpe Ratio Rank: 74
XYLG Sortino Ratio Rank: 76
XYLG Omega Ratio Rank: 76
XYLG Calmar Ratio Rank: 67
XYLG 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.

COSW vs. XYLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill COST WeeklyPay ETF (COSW) and Global X S&P 500 Covered Call & Growth ETF (XYLG). 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.

Sharpe Ratios by Period

	COSW	XYLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.45	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.98	-0.98

Drawdowns

COSW vs. XYLG - Drawdown Comparison

The maximum COSW drawdown since its inception was -16.24%, smaller than the maximum XYLG drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for COSW and XYLG.

Drawdown Indicators

	COSW	XYLG	Difference
Max Drawdown Largest peak-to-trough decline	-16.24%	-21.30%	+5.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.30%	—
Current Drawdown Current decline from peak	-14.62%	-0.36%	-14.26%
Average Drawdown Average peak-to-trough decline	-4.17%	-4.10%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.37%	—

Volatility

Volatility by Period

	COSW	XYLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.10%	9.50%	+16.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.10%	14.00%	+12.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.10%	13.86%	+12.24%

COSW vs. XYLG - Expense Ratio Comparison

COSW has a 0.99% expense ratio, which is higher than XYLG's 0.35% expense ratio.

Dividends

COSW vs. XYLG - Dividend Comparison

COSW's dividend yield for the trailing twelve months is around 18.13%, more than XYLG's 13.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%	0.00%	0.00%	0.00%	0.00%	0.00%
XYLG Global X S&P 500 Covered Call & Growth ETF	13.06%	13.94%	23.65%	4.90%	6.43%	7.40%	1.39%

Frequently Asked Questions

Can I hold both COSW and XYLG in my portfolio?

COSW and XYLG have a correlation of -0.12, 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 XYLG?

On fees, XYLG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COSW or XYLG?

XYLG is cheaper with a 0.35% expense ratio, compared with 0.99% for COSW.

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

COSW has the higher dividend yield at 18.13%, compared with 13.06% for XYLG.

What is the main difference between COSW and XYLG?

They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.99% for COSW and 0.35% for XYLG.