HOOW vs. COIW

Last updated Jun 3, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and COIW (COIN WeeklyPay™ ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while COIW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

HOOW vs. COIW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and COIN WeeklyPay™ ETF (COIW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with HOOW having a -28.72% return and COIW slightly lower at -29.00%.

HOOW

• 1D: -3.46%
• 1M: 22.46%
• YTD: -28.72%
• 6M: -37.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COIW

• 1D: -5.58%
• 1M: -10.71%
• YTD: -29.00%
• 6M: -41.30%
• 1Y: -40.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOW vs. COIW - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-28.72%	46.56%
COIW COIN WeeklyPay™ ETF	-29.00%	-31.57%

Correlation

The correlation between HOOW and COIW is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.75

HOOW vs. COIW - Sectors Allocation Comparison

Sectors	HOOW	COIW
Financial Services	3.3%	6.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HOOW vs. COIW — Risk / Return Rank

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

COIW

COIW Risk / Return Rank: 5
COIW Sharpe Ratio Rank: 5
COIW Sortino Ratio Rank: 6
COIW Omega Ratio Rank: 6
COIW Calmar Ratio Rank: 4
COIW Martin Ratio Rank: 4

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.

HOOW vs. COIW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and COIN WeeklyPay™ ETF (COIW). 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

	HOOW	COIW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.42	+0.48

Drawdowns

HOOW vs. COIW - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, smaller than the maximum COIW drawdown of -74.55%. Use the drawdown chart below to compare losses from any high point for HOOW and COIW.

Drawdown Indicators

	HOOW	COIW	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-74.55%	+8.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-74.55%	—
Current Drawdown Current decline from peak	-51.60%	-67.85%	+16.25%
Average Drawdown Average peak-to-trough decline	-29.02%	-37.62%	+8.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	46.49%	—

Volatility

Volatility by Period

	HOOW	COIW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	61.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	83.67%	84.55%	-0.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.67%	90.95%	-7.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.67%	90.95%	-7.28%

HOOW vs. COIW - Expense Ratio Comparison

Both HOOW and COIW have an expense ratio of 0.99%.

Dividends

HOOW vs. COIW - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 151.58%, less than COIW's 209.03% yield.

Position	TTM	2025
COIW COIN WeeklyPay™ ETF	209.03%	120.37%
HOOW Roundhill HOOD WeeklyPay ETF	151.58%	67.92%

Frequently Asked Questions

Can I hold both HOOW and COIW in my portfolio?

HOOW and COIW have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOW or COIW?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOW or COIW?

HOOW and COIW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, HOOW or COIW?

COIW has the higher dividend yield at 209.03%, compared with 151.58% for HOOW.

What is the main difference between HOOW and COIW?

HOOW is categorized as Leveraged Equities, while COIW is Derivative Income.