SBAR vs. COSW

Last updated Aug 4, 2026

SBAR (Simplify Barrier Income ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. Their -0.19 correlation means they have often moved in opposite directions in the past. SBAR charges 0.75%/yr vs 0.99%/yr for COSW.

Performance

SBAR vs. COSW - Performance Comparison

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

Returns By Period

In the year-to-date period, SBAR achieves a 4.15% return, which is significantly lower than COSW's 10.59% return.

SBAR

• 1D: 0.47%
• 1M: 0.44%
• 6M: 3.24%
• YTD: 4.15%
• 1Y: 10.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.96%

COSW

• 1D: 0.54%
• 1M: 0.32%
• 6M: -3.06%
• YTD: 10.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COSW Roundhill COST WeeklyPay ETF	$103.25K	$156.88K	$207.85K
SBAR Simplify Barrier Income ETF	$3.24M	$2.83M	$3.90M

SBAR vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	4.15%	2.72%
COSW Roundhill COST WeeklyPay ETF	10.59%	-10.48%

Correlation

The correlation between SBAR and COSW is -0.19, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	-0.19

SBAR vs. COSW - Sectors Allocation Comparison

Sectors	SBAR	COSW
Financial Services	84.0%	-
Technology	33.1%	-
Communication Services	10.7%	-
Consumer Cyclical	10.1%	-
Healthcare	9.8%	-
Industrials	8.7%	-
Consumer Defensive	5.4%	0.6%
Energy	3.5%	-
Utilities	2.5%	-
Real Estate	2.0%	-
Basic Materials	1.9%	-

Return for Risk

SBAR vs. COSW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SBAR

SBAR Risk / Return Rank: 54
SBAR Sharpe Ratio Rank: 52
SBAR Sortino Ratio Rank: 54
SBAR Omega Ratio Rank: 47
SBAR Calmar Ratio Rank: 55
SBAR Martin Ratio Rank: 63

COSW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SBAR vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) 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.

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.

	SBAR	COSW	Difference
Sharpe ratio: Return per unit of total volatility	1.32	—	—
Sortino ratio: Return per unit of downside risk	1.95	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.02	—	—
Martin ratio: Return relative to average drawdown	7.91	—	—

Drawdowns

SBAR vs. COSW - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum COSW drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for SBAR and COSW.

Drawdown Indicators

	SBAR	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-20.01%	+14.69%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	—	—
Current Drawdown Current decline from peak	-0.34%	-15.79%	+15.45%
Average Drawdown Average peak-to-trough decline	-0.90%	-6.65%	+5.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	—	—

Volatility

Volatility by Period

	SBAR	COSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.17%	25.80%	-17.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.80%	25.80%	-16.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.80%	25.80%	-16.00%

SBAR vs. COSW - Expense Ratio Comparison

SBAR has a 0.75% expense ratio, which is lower than COSW's 0.99% expense ratio.

Dividends

SBAR vs. COSW - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.51%, less than COSW's 22.73% yield.

Position	TTM	2025
COSW Roundhill COST WeeklyPay ETF	22.73%	4.96%
SBAR Simplify Barrier Income ETF	12.51%	8.56%

Frequently Asked Questions

Can I hold both SBAR and COSW in my portfolio?

SBAR and COSW have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBAR or COSW?

On fees, SBAR is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SBAR or COSW?

SBAR is cheaper with a 0.75% expense ratio, compared with 0.99% for COSW.

Which ETF pays a higher dividend yield, SBAR or COSW?

COSW has the higher dividend yield at 22.73%, compared with 12.51% for SBAR.

What is the main difference between SBAR and COSW?

They also come from different issuers: Simplify and Roundhill. Their fees differ too: 0.75% for SBAR and 0.99% for COSW.