DIVP vs. COSW

Last updated Jun 4, 2026

DIVP (Cullen Enhanced Equity Income ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. DIVP charges 0.55%/yr vs 0.99%/yr for COSW.

Performance

DIVP vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cullen Enhanced Equity Income ETF (DIVP) and Roundhill COST WeeklyPay ETF (COSW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVP achieves a 7.90% return, which is significantly lower than COSW's 12.13% return.

DIVP

• 1D: -0.39%
• 1M: 2.18%
• YTD: 7.90%
• 6M: 9.10%
• 1Y: 14.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

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

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

DIVP vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
DIVP Cullen Enhanced Equity Income ETF	7.90%	3.46%
COSW Roundhill COST WeeklyPay ETF	12.13%	-10.71%

Correlation

The correlation between DIVP and COSW is 0.13, 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	0.13

DIVP vs. COSW - Sectors Allocation Comparison

Sectors	DIVP	COSW
Healthcare	17.9%	-
Financial Services	16.1%	-
Energy	11.6%	-
Industrials	9.3%	-
Consumer Defensive	9.0%	7.9%
Technology	8.6%	-
Communication Services	8.0%	-
Real Estate	6.5%	-
Utilities	6.3%	-
Consumer Cyclical	4.4%	-
Basic Materials	2.4%	-

Return for Risk

DIVP vs. COSW — Risk / Return Rank

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

DIVP

DIVP Risk / Return Rank: 39
DIVP Sharpe Ratio Rank: 39
DIVP Sortino Ratio Rank: 40
DIVP Omega Ratio Rank: 35
DIVP Calmar Ratio Rank: 46
DIVP Martin Ratio Rank: 36

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.

DIVP vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) 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.

	DIVP	COSW	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	5.48	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DIVP	COSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.01	+0.82

Drawdowns

DIVP vs. COSW - Drawdown Comparison

The maximum DIVP drawdown since its inception was -12.26%, smaller than the maximum COSW drawdown of -16.24%. Use the drawdown chart below to compare losses from any high point for DIVP and COSW.

Drawdown Indicators

	DIVP	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-12.26%	-16.24%	+3.98%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	—	—
Current Drawdown Current decline from peak	-0.77%	-14.62%	+13.85%
Average Drawdown Average peak-to-trough decline	-2.44%	-4.17%	+1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	DIVP	COSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	26.10%	-15.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.78%	26.10%	-14.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.78%	26.10%	-14.32%

DIVP vs. COSW - Expense Ratio Comparison

DIVP has a 0.55% expense ratio, which is lower than COSW's 0.99% expense ratio.

Dividends

DIVP vs. COSW - Dividend Comparison

DIVP's dividend yield for the trailing twelve months is around 5.69%, less than COSW's 18.13% yield.

Position	TTM	2025	2024
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%	0.00%
DIVP Cullen Enhanced Equity Income ETF	5.69%	6.06%	5.92%

Frequently Asked Questions

Can I hold both DIVP and COSW in my portfolio?

DIVP and COSW have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIVP or COSW?

On fees, DIVP is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVP or COSW?

DIVP is cheaper with a 0.55% expense ratio, compared with 0.99% for COSW.

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

COSW has the higher dividend yield at 18.13%, compared with 5.69% for DIVP.

What is the main difference between DIVP and COSW?

They also come from different issuers: Cullen and Roundhill. Their fees differ too: 0.55% for DIVP and 0.99% for COSW.