MSTW vs. TSLW
MSTW (Roundhill MSTR WeeklyPay ETF) and TSLW (Roundhill TSLA WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
MSTW vs. TSLW - Performance Comparison
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Returns By Period
In the year-to-date period, MSTW achieves a -36.63% return, which is significantly lower than TSLW's -14.13% return.
MSTW
- 1D
- -3.65%
- 1M
- -37.84%
- YTD
- -36.63%
- 6M
- -42.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW
- 1D
- 1.45%
- 1M
- -6.19%
- YTD
- -14.13%
- 6M
- -22.33%
- 1Y
- 23.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTW vs. TSLW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTW Roundhill MSTR WeeklyPay ETF | -36.63% | -71.40% |
TSLW Roundhill TSLA WeeklyPay™ ETF | -14.13% | 39.30% |
Correlation
The correlation between MSTW and TSLW is 0.45, 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 Jul 24, 2025 | 0.45 |
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Return for Risk
MSTW vs. TSLW — Risk / Return Rank
MSTW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLW
MSTW vs. TSLW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) and Roundhill TSLA WeeklyPay™ ETF (TSLW). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MSTW | TSLW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.67 | — |
| Martin ratioReturn relative to average drawdown | — | 1.46 | — |
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Drawdowns
MSTW vs. TSLW - Drawdown Comparison
The maximum MSTW drawdown since its inception was -81.89%, which is greater than TSLW's maximum drawdown of -35.80%. Use the drawdown chart below to compare losses from any high point for MSTW and TSLW.
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Drawdown Indicators
| MSTW | TSLW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.89% | -35.80% | -46.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -35.80% | — |
Current DrawdownCurrent decline from peak | -81.89% | -22.62% | -59.27% |
Average DrawdownAverage peak-to-trough decline | -55.57% | -13.30% | -42.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.42% | — |
Volatility
MSTW vs. TSLW - Volatility Comparison
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Volatility by Period
| MSTW | TSLW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.62% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 89.11% | 53.11% | +36.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.11% | 55.70% | +33.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.11% | 55.70% | +33.41% |
MSTW vs. TSLW - Expense Ratio Comparison
Both MSTW and TSLW have an expense ratio of 0.99%.
Dividends
MSTW vs. TSLW - Dividend Comparison
MSTW's dividend yield for the trailing twelve months is around 307.13%, more than TSLW's 91.65% yield.
| Position | TTM | 2025 |
|---|---|---|
MSTW Roundhill MSTR WeeklyPay ETF | 307.13% | 106.94% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 91.65% | 49.31% |
Frequently Asked Questions
MSTW and TSLW have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MSTW and TSLW have the same expense ratio: 0.99% per year.
MSTW has the higher dividend yield at 307.13%, compared with 91.65% for TSLW.
Find the right allocation for MSTW and TSLW
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