DIPS vs. COSW
DIPS (YieldMax Short NVDA Option Income Strategy ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
DIPS vs. COSW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DIPS achieves a -8.73% return, which is significantly lower than COSW's 12.13% return.
DIPS
- 1D
- 2.87%
- 1M
- -6.32%
- YTD
- -8.73%
- 6M
- -11.40%
- 1Y
- -26.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COSW
- 1D
- 0.92%
- 1M
- -6.40%
- YTD
- 12.13%
- 6M
- 2.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIPS vs. COSW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIPS YieldMax Short NVDA Option Income Strategy ETF | -8.73% | -1.97% |
COSW Roundhill COST WeeklyPay ETF | 12.13% | -10.71% |
Correlation
The correlation between DIPS and COSW is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025 | 0.26 |
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
DIPS vs. COSW — Risk / Return Rank
DIPS
COSW
DIPS vs. COSW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short NVDA Option Income Strategy ETF (DIPS) and Roundhill COST WeeklyPay ETF (COSW). 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.
| DIPS | COSW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.85 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | — | — |
| Martin ratioReturn relative to average drawdown | -1.36 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DIPS | COSW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.96 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.86 | 0.01 | -0.87 |
Drawdowns
DIPS vs. COSW - Drawdown Comparison
The maximum DIPS drawdown since its inception was -59.93%, which is greater than COSW's maximum drawdown of -16.24%. Use the drawdown chart below to compare losses from any high point for DIPS and COSW.
Loading charts...
Drawdown Indicators
| DIPS | COSW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.93% | -16.24% | -43.69% |
Max Drawdown (1Y)Largest decline over 1 year | -33.97% | — | — |
Current DrawdownCurrent decline from peak | -55.85% | -14.62% | -41.23% |
Average DrawdownAverage peak-to-trough decline | -38.22% | -4.17% | -34.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.49% | — | — |
Volatility
DIPS vs. COSW - Volatility Comparison
Loading charts...
Volatility by Period
| DIPS | COSW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.88% | 26.10% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.03% | 26.10% | +11.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.03% | 26.10% | +11.93% |
DIPS vs. COSW - Expense Ratio Comparison
Both DIPS and COSW have an expense ratio of 0.99%.
Dividends
DIPS vs. COSW - Dividend Comparison
DIPS's dividend yield for the trailing twelve months is around 66.49%, more than COSW's 18.13% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
COSW Roundhill COST WeeklyPay ETF | 18.13% | 4.96% | 0.00% |
DIPS YieldMax Short NVDA Option Income Strategy ETF | 66.49% | 96.20% | 24.18% |
Frequently Asked Questions
DIPS and COSW have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DIPS and COSW have the same expense ratio: 0.99% per year.
DIPS has the higher dividend yield at 66.49%, compared with 18.13% for COSW.
They also come from different issuers: YieldMax and Roundhill.
Find the right allocation for DIPS and COSW
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