SLTY vs. COSW

Last updated Jun 4, 2026

SLTY (YieldMax Ultra Short Option Income Strategy ETF) and COSW (Roundhill COST WeeklyPay ETF) are both Derivative Income funds. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. SLTY charges 1.24%/yr vs 0.99%/yr for COSW.

Performance

SLTY vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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, SLTY achieves a -6.01% return, which is significantly lower than COSW's 12.13% return.

SLTY

• 1D: 0.65%
• 1M: -1.73%
• YTD: -6.01%
• 6M: -5.54%
• 1Y: —
• 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)

SLTY vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	-6.01%	0.50%
COSW Roundhill COST WeeklyPay ETF	12.13%	-10.71%

Correlation

The correlation between SLTY and COSW is 0.03, 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	0.03

Return for Risk

SLTY vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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.

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

Sharpe Ratios by Period

	SLTY	COSW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.19	0.01	-1.20

Drawdowns

SLTY vs. COSW - Drawdown Comparison

The maximum SLTY drawdown since its inception was -20.88%, which is greater than COSW's maximum drawdown of -16.24%. Use the drawdown chart below to compare losses from any high point for SLTY and COSW.

Drawdown Indicators

	SLTY	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-20.88%	-16.24%	-4.64%
Current Drawdown Current decline from peak	-17.45%	-14.62%	-2.83%
Average Drawdown Average peak-to-trough decline	-13.72%	-4.17%	-9.55%

Volatility

Volatility by Period

	SLTY	COSW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.42%	26.10%	-7.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.42%	26.10%	-7.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	26.10%	-7.68%

SLTY vs. COSW - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is higher than COSW's 0.99% expense ratio.

Dividends

SLTY vs. COSW - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 74.24%, more than COSW's 18.13% yield.

Position	TTM	2025
COSW Roundhill COST WeeklyPay ETF	18.13%	4.96%
SLTY YieldMax Ultra Short Option Income Strategy ETF	74.24%	29.68%

Frequently Asked Questions

Can I hold both SLTY and COSW in my portfolio?

SLTY and COSW have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLTY or COSW?

On fees, COSW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLTY or COSW?

COSW is cheaper with a 0.99% expense ratio, compared with 1.24% for SLTY.

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

SLTY has the higher dividend yield at 74.24%, compared with 18.13% for COSW.

What is the main difference between SLTY and COSW?

They also come from different issuers: YieldMax and Roundhill. Their fees differ too: 1.24% for SLTY and 0.99% for COSW.