EDGX vs. COSW

Last updated Jun 4, 2026

EDGX (Global X U.S. 500 Income Edge ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. EDGX is passively managed, while COSW is actively managed. At a correlation of -0.14, they often move in opposite directions.

Performance

EDGX vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. 500 Income Edge ETF (EDGX) and Roundhill COST WeeklyPay ETF (COSW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGX

• 1D: -0.49%
• 1M: 4.73%
• YTD: —
• 6M: —
• 1Y: —
• 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)

EDGX vs. COSW - Yearly Performance Comparison

	2026 (YTD)
EDGX Global X U.S. 500 Income Edge ETF	10.16%
COSW Roundhill COST WeeklyPay ETF	-5.40%

Correlation

The correlation between EDGX and COSW is -0.14, 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 Feb 19, 2026	-0.14

Return for Risk

EDGX vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. 500 Income Edge ETF (EDGX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EDGX	COSW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.05	0.01	+3.04

Drawdowns

EDGX vs. COSW - Drawdown Comparison

The maximum EDGX drawdown since its inception was -7.56%, smaller than the maximum COSW drawdown of -16.24%. Use the drawdown chart below to compare losses from any high point for EDGX and COSW.

Drawdown Indicators

	EDGX	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-7.56%	-16.24%	+8.68%
Current Drawdown Current decline from peak	-0.49%	-14.62%	+14.13%
Average Drawdown Average peak-to-trough decline	-1.50%	-4.17%	+2.67%

Volatility

Volatility by Period

	EDGX	COSW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	26.10%	-13.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.10%	26.10%	-13.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.10%	26.10%	-13.00%

Dividends

EDGX vs. COSW - Dividend Comparison

EDGX's dividend yield for the trailing twelve months is around 2.43%, less than COSW's 18.13% yield.

Position	TTM	2025
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%

Frequently Asked Questions

Can I hold both EDGX and COSW in my portfolio?

EDGX and COSW have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

COSW has the higher dividend yield at 18.13%, compared with 2.43% for EDGX.

What is the main difference between EDGX and COSW?

They also come from different issuers: Global X and Roundhill.