RDTY vs. COIW

Last updated Jul 21, 2026

RDTY (YieldMax™ R2000 0DTE Covered Call Strategy ETF) and COIW (COIN WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Over the past year, RDTY returned 23.71% vs -71.21% for COIW. A 0.54 correlation means they provide meaningful diversification when combined. RDTY charges 1.01%/yr vs 0.99%/yr for COIW.

Performance

RDTY vs. COIW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) and COIN WeeklyPay™ ETF (COIW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDTY achieves a 18.88% return, which is significantly higher than COIW's -36.41% return.

RDTY

• 1D: -0.34%
• 1M: 1.91%
• 6M: 12.36%
• YTD: 18.88%
• 1Y: 23.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.35%

COIW

• 1D: 2.84%
• 1M: -2.39%
• 6M: -41.28%
• YTD: -36.41%
• 1Y: -71.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -41.30%

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

RDTY vs. COIW - Yearly Performance Comparison

	2026 (YTD)	2025
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	18.88%	10.93%
COIW COIN WeeklyPay™ ETF	-36.41%	-8.20%

Correlation

The correlation between RDTY and COIW is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Mar 6, 2025	0.54

The correlation between RDTY and COIW has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.

Return for Risk

RDTY vs. COIW — Risk / Return Rank

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

RDTY

RDTY Risk / Return Rank: 59
RDTY Sharpe Ratio Rank: 54
RDTY Sortino Ratio Rank: 54
RDTY Omega Ratio Rank: 50
RDTY Calmar Ratio Rank: 70
RDTY Martin Ratio Rank: 66

COIW

COIW Risk / Return Rank: 2
COIW Sharpe Ratio Rank: 3
COIW Sortino Ratio Rank: 2
COIW Omega Ratio Rank: 2
COIW Calmar Ratio Rank: 1
COIW Martin Ratio Rank: 2

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.

RDTY vs. COIW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) 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.

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.

	RDTY	COIW	Difference
Sharpe ratio: Return per unit of total volatility	1.38	-0.87	+2.25
Sortino ratio: Return per unit of downside risk	1.99	-1.56	+3.55
Omega ratio: Gain probability vs. loss probability	1.24	0.83	+0.41
Calmar ratio: Return relative to maximum drawdown	2.59	-0.96	+3.54
Martin ratio: Return relative to average drawdown	8.68	-1.36	+10.04

RDTY vs. COIW - Sharpe Ratio Comparison

The current RDTY Sharpe Ratio is 1.38, which is higher than the COIW Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of RDTY and COIW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RDTY vs. COIW - Drawdown Comparison

The maximum RDTY drawdown since its inception was -17.31%, smaller than the maximum COIW drawdown of -75.01%. Use the drawdown chart below to compare losses from any high point for RDTY and COIW.

Drawdown Indicators

	RDTY	COIW	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-75.01%	+57.70%
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	-74.56%	+65.36%
Current Drawdown Current decline from peak	-0.85%	-71.21%	+70.36%
Average Drawdown Average peak-to-trough decline	-2.56%	-40.96%	+38.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	52.97%	-50.23%

Volatility

RDTY vs. COIW - Volatility Comparison

The current volatility for YieldMax™ R2000 0DTE Covered Call Strategy ETF (RDTY) is 4.07%, while COIN WeeklyPay™ ETF (COIW) has a volatility of 19.87%. This indicates that RDTY experiences smaller price fluctuations and is considered to be less risky than COIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDTY	COIW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	19.87%	-15.80%
Volatility (6M) Calculated over the trailing 6-month period	13.21%	63.94%	-50.73%
Volatility (1Y) Calculated over the trailing 1-year period	17.28%	82.10%	-64.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.63%	89.47%	-67.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.63%	89.47%	-67.84%

RDTY vs. COIW - Expense Ratio Comparison

RDTY has a 1.01% expense ratio, which is higher than COIW's 0.99% expense ratio.

Dividends

RDTY vs. COIW - Dividend Comparison

RDTY's dividend yield for the trailing twelve months is around 43.10%, less than COIW's 227.24% yield.

Position	TTM	2025
COIW COIN WeeklyPay™ ETF	227.24%	120.37%
RDTY YieldMax™ R2000 0DTE Covered Call Strategy ETF	43.10%	36.75%

Frequently Asked Questions

Can I hold both RDTY and COIW in my portfolio?

RDTY and COIW have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDTY or COIW?

COIW has higher volatility (19.87%) compared to RDTY (4.07%). In terms of maximum drawdown, RDTY dropped -17.31% vs COIW's -75.01%.

Which ETF is better, RDTY or COIW?

On 1-year performance, RDTY leads with 23.71% vs -71.21% for COIW. On fees, COIW is cheaper at 0.99% per year. On volatility, RDTY has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDTY or COIW?

Over the 1-year period, RDTY has performed better with a 23.71% return vs -71.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDTY or COIW?

COIW is cheaper with a 0.99% expense ratio, compared with 1.01% for RDTY.

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

COIW has the higher dividend yield at 227.24%, compared with 43.10% for RDTY.

What is the main difference between RDTY and COIW?

They also come from different issuers: YieldMax and Roundhill. Their fees differ too: 1.01% for RDTY and 0.99% for COIW.

Which has better risk-adjusted returns?

RDTY currently has the higher Sharpe Ratio (1.38 vs -0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.