KHPI vs. COSW

Last updated Apr 1, 2026

Compare and contrast key facts about Kensington Hedged Premium Income ETF (KHPI) and Roundhill COST WeeklyPay ETF (COSW).

KHPI and COSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KHPI is an actively managed fund by Kensington Asset Management. It was launched on Sep 4, 2024. COSW is an actively managed fund by Roundhill. It was launched on Oct 23, 2025.

Performance

KHPI vs. COSW - Performance Comparison

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

KHPI vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
KHPI Kensington Hedged Premium Income ETF	-3.49%	1.02%
COSW Roundhill COST WeeklyPay ETF	17.20%	-10.71%

Returns By Period

In the year-to-date period, KHPI achieves a -3.49% return, which is significantly lower than COSW's 17.20% return.

KHPI

• 1D: 1.47%
• 1M: -4.71%
• YTD: -3.49%
• 6M: -1.21%
• 1Y: 10.07%
• 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)

KHPI vs. COSW - Expense Ratio Comparison

KHPI has a 0.96% expense ratio, which is lower than COSW's 0.99% expense ratio.

COSW

Roundhill COST WeeklyPay ETF

KHPI

Kensington Hedged Premium Income ETF

Return for Risk

KHPI vs. COSW — Risk / Return Rank

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

KHPI

KHPI Risk / Return Rank: 61
KHPI Sharpe Ratio Rank: 54
KHPI Sortino Ratio Rank: 55
KHPI Omega Ratio Rank: 60
KHPI Calmar Ratio Rank: 64
KHPI Martin Ratio Rank: 71

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.

KHPI vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kensington Hedged Premium Income ETF (KHPI) 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.

	KHPI	COSW	Difference
Sharpe ratio Return per unit of total volatility	0.97	—	—
Sortino ratio Return per unit of downside risk	1.46	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.64	—	—
Martin ratio Return relative to average drawdown	7.34	—	—
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

	KHPI	COSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.44	+0.32

Correlation

The correlation between KHPI and COSW is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

KHPI vs. COSW - Dividend Comparison

KHPI's dividend yield for the trailing twelve months is around 9.44%, less than COSW's 12.26% yield.

	TTM	2025	2024
KHPI Kensington Hedged Premium Income ETF	9.44%	8.90%	3.01%
COSW Roundhill COST WeeklyPay ETF	12.26%	4.96%	0.00%

Drawdowns

KHPI vs. COSW - Drawdown Comparison

The maximum KHPI drawdown since its inception was -10.58%, smaller than the maximum COSW drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for KHPI and COSW.

Drawdown Indicators

	KHPI	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-10.58%	-12.17%	+1.59%
Max Drawdown (1Y) Largest decline over 1 year	-6.55%	—	—
Current Drawdown Current decline from peak	-5.18%	-3.28%	-1.90%
Average Drawdown Average peak-to-trough decline	-1.27%	-4.05%	+2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.46%	—	—

Volatility

Volatility by Period

	KHPI	COSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	25.36%	-14.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.79%	25.36%	-15.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.79%	25.36%	-15.57%