COSW vs. YBTC

Last updated Jun 4, 2026

COSW (Roundhill COST WeeklyPay ETF) and YBTC (Roundhill Bitcoin Covered Call Strategy ETF) are both exchange-traded funds - COSW is a Derivative Income fund actively managed by Roundhill, while YBTC is a Cryptocurrency fund actively managed by Roundhill. Both are actively managed. At a correlation of -0.06, they often move in opposite directions. COSW charges 0.99%/yr vs 0.95%/yr for YBTC.

Performance

COSW vs. YBTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill COST WeeklyPay ETF (COSW) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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 YBTC's -23.39% return.

COSW

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

YBTC

• 1D: -2.77%
• 1M: -16.32%
• YTD: -23.39%
• 6M: -26.70%
• 1Y: -35.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COSW vs. YBTC - Yearly Performance Comparison

	2026 (YTD)	2025
COSW Roundhill COST WeeklyPay ETF	12.13%	-10.71%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	-23.39%	-16.80%

Correlation

The correlation between COSW and YBTC is -0.06, 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	-0.06

Return for Risk

COSW vs. YBTC — Risk / Return Rank

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

YBTC

YBTC Risk / Return Rank: 2
YBTC Sharpe Ratio Rank: 2
YBTC Sortino Ratio Rank: 2
YBTC Omega Ratio Rank: 2
YBTC Calmar Ratio Rank: 2
YBTC Martin Ratio Rank: 2

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. YBTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill COST WeeklyPay ETF (COSW) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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	YBTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.01	0.16	-0.15

Drawdowns

COSW vs. YBTC - Drawdown Comparison

The maximum COSW drawdown since its inception was -16.24%, smaller than the maximum YBTC drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for COSW and YBTC.

Drawdown Indicators

	COSW	YBTC	Difference
Max Drawdown Largest peak-to-trough decline	-16.24%	-47.09%	+30.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.09%	—
Current Drawdown Current decline from peak	-14.62%	-44.06%	+29.44%
Average Drawdown Average peak-to-trough decline	-4.17%	-12.89%	+8.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.69%	—

Volatility

Volatility by Period

	COSW	YBTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.10%	39.20%	-13.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.10%	40.81%	-14.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.10%	40.81%	-14.71%

COSW vs. YBTC - Expense Ratio Comparison

COSW has a 0.99% expense ratio, which is higher than YBTC's 0.95% expense ratio.

Dividends

COSW vs. YBTC - Dividend Comparison

COSW's dividend yield for the trailing twelve months is around 18.13%, less than YBTC's 88.13% yield.

Position	TTM	2025	2024
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%	0.00%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	88.13%	76.04%	44.53%

Frequently Asked Questions

Can I hold both COSW and YBTC in my portfolio?

COSW and YBTC have a correlation of -0.06, 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 YBTC?

On fees, YBTC is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COSW or YBTC?

YBTC is cheaper with a 0.95% expense ratio, compared with 0.99% for COSW.

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

YBTC has the higher dividend yield at 88.13%, compared with 18.13% for COSW.

What is the main difference between COSW and YBTC?

COSW is categorized as Derivative Income, while YBTC is Cryptocurrency. Their fees differ too: 0.99% for COSW and 0.95% for YBTC.