SDVD vs. COSW

Last updated Jun 4, 2026

SDVD (FT Vest SMID Rising Dividend Achievers Target Income ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. SDVD is passively managed, while COSW is actively managed. At a 0.06 correlation, their price movements are largely independent. SDVD charges 0.85%/yr vs 0.99%/yr for COSW.

Performance

SDVD vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) 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, SDVD achieves a 7.75% return, which is significantly lower than COSW's 12.13% return.

SDVD

• 1D: -0.22%
• 1M: -1.53%
• YTD: 7.75%
• 6M: 8.14%
• 1Y: 19.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

• 1D: 0.92%
• 1M: -6.40%
• YTD: 12.13%
• 6M: 2.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDVD vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	7.75%	2.46%
COSW Roundhill COST WeeklyPay ETF	12.13%	-10.71%

Correlation

The correlation between SDVD and COSW is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.06

Return for Risk

SDVD vs. COSW — Risk / Return Rank

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

SDVD

SDVD Risk / Return Rank: 43
SDVD Sharpe Ratio Rank: 39
SDVD Sortino Ratio Rank: 43
SDVD Omega Ratio Rank: 38
SDVD Calmar Ratio Rank: 47
SDVD Martin Ratio Rank: 47

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.

SDVD vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) 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.

	SDVD	COSW	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	2.13	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	7.65	—	—
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

	SDVD	COSW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.01	+0.76

Drawdowns

SDVD vs. COSW - Drawdown Comparison

The maximum SDVD drawdown since its inception was -24.17%, which is greater than COSW's maximum drawdown of -16.24%. Use the drawdown chart below to compare losses from any high point for SDVD and COSW.

Drawdown Indicators

	SDVD	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-24.17%	-16.24%	-7.93%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	—	—
Current Drawdown Current decline from peak	-3.31%	-14.62%	+11.31%
Average Drawdown Average peak-to-trough decline	-4.86%	-4.17%	-0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	SDVD	COSW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	26.10%	-11.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	26.10%	-7.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	26.10%	-7.91%

SDVD vs. COSW - Expense Ratio Comparison

SDVD has a 0.85% expense ratio, which is lower than COSW's 0.99% expense ratio.

Dividends

SDVD vs. COSW - Dividend Comparison

SDVD's dividend yield for the trailing twelve months is around 8.95%, less than COSW's 18.13% yield.

Position	TTM	2025	2024	2023
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%	0.00%	0.00%
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	8.95%	8.36%	9.26%	3.18%

Frequently Asked Questions

Can I hold both SDVD and COSW in my portfolio?

SDVD and COSW have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDVD or COSW?

On fees, SDVD is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDVD or COSW?

SDVD is cheaper with a 0.85% expense ratio, compared with 0.99% for COSW.

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

COSW has the higher dividend yield at 18.13%, compared with 8.95% for SDVD.

What is the main difference between SDVD and COSW?

They also come from different issuers: First Trust and Roundhill. Their fees differ too: 0.85% for SDVD and 0.99% for COSW.