IYRI vs. COSW

Last updated Apr 1, 2026

Compare and contrast key facts about NEOS Real Estate High Income ETF (IYRI) and Roundhill COST WeeklyPay ETF (COSW).

IYRI and COSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IYRI is a passively managed fund by Neos that tracks the performance of the Dow Jones U.S. Real Estate Capped Index. It was launched on Jan 14, 2025. COSW is an actively managed fund by Roundhill. It was launched on Oct 23, 2025.

Performance

IYRI vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Real Estate High Income ETF (IYRI) and Roundhill COST WeeklyPay ETF (COSW). The values are adjusted to include any dividend payments, if applicable.

IYRI vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
IYRI NEOS Real Estate High Income ETF	-0.02%	-2.38%
COSW Roundhill COST WeeklyPay ETF	17.20%	-10.71%

Returns By Period

In the year-to-date period, IYRI achieves a -0.02% return, which is significantly lower than COSW's 17.20% return.

IYRI

• 1D: 1.81%
• 1M: -5.59%
• YTD: -0.02%
• 6M: -1.22%
• 1Y: 4.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

• 1D: -0.54%
• 1M: -2.62%
• YTD: 17.20%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IYRI vs. COSW - Expense Ratio Comparison

IYRI has a 0.68% expense ratio, which is lower than COSW's 0.99% expense ratio.

COSW

Roundhill COST WeeklyPay ETF

IYRI

NEOS Real Estate High Income ETF

Return for Risk

IYRI vs. COSW — Risk / Return Rank

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

IYRI

IYRI Risk / Return Rank: 22
IYRI Sharpe Ratio Rank: 21
IYRI Sortino Ratio Rank: 20
IYRI Omega Ratio Rank: 21
IYRI Calmar Ratio Rank: 22
IYRI Martin Ratio Rank: 26

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.

IYRI vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Real Estate High Income ETF (IYRI) 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.

	IYRI	COSW	Difference
Sharpe ratio Return per unit of total volatility	0.30	—	—
Sortino ratio Return per unit of downside risk	0.50	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.40	—	—
Martin ratio Return relative to average drawdown	1.79	—	—
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

	IYRI	COSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.44	+0.05

Correlation

The correlation between IYRI and COSW is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IYRI vs. COSW - Dividend Comparison

IYRI's dividend yield for the trailing twelve months is around 11.67%, less than COSW's 12.26% yield.

	TTM	2025
IYRI NEOS Real Estate High Income ETF	11.67%	11.72%
COSW Roundhill COST WeeklyPay ETF	12.26%	4.96%

Drawdowns

IYRI vs. COSW - Drawdown Comparison

The maximum IYRI drawdown since its inception was -12.12%, roughly equal to the maximum COSW drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for IYRI and COSW.

Drawdown Indicators

	IYRI	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-12.12%	-12.17%	+0.05%
Max Drawdown (1Y) Largest decline over 1 year	-11.31%	—	—
Current Drawdown Current decline from peak	-5.73%	-3.28%	-2.45%
Average Drawdown Average peak-to-trough decline	-1.78%	-4.05%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	—	—

Volatility

Volatility by Period

	IYRI	COSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.79%	25.36%	-11.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.48%	25.36%	-11.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.48%	25.36%	-11.88%