SLTY vs. COSW

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax Ultra Short Option Income Strategy ETF (SLTY) and Roundhill COST WeeklyPay ETF (COSW).

SLTY and COSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLTY is an actively managed fund by YieldMax. It was launched on Aug 20, 2025. COSW is an actively managed fund by Roundhill. It was launched on Oct 23, 2025.

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.

SLTY vs. COSW - Yearly Performance Comparison

	2026 (YTD)	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	0.77%	0.50%
COSW Roundhill COST WeeklyPay ETF	17.20%	-10.71%

Returns By Period

In the year-to-date period, SLTY achieves a 0.77% return, which is significantly lower than COSW's 17.20% return.

SLTY

• 1D: -1.88%
• 1M: 7.78%
• YTD: 0.77%
• 6M: -2.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

• 1D: -0.54%
• 1M: -2.62%
• YTD: 17.20%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLTY vs. COSW - Expense Ratio Comparison

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

SLTY

YieldMax Ultra Short Option Income Strategy ETF

COSW

Roundhill COST WeeklyPay ETF

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	-0.94	0.44	-1.38

Correlation

The correlation between SLTY and COSW is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SLTY vs. COSW - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 49.86%, more than COSW's 12.26% yield.

	TTM	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	49.86%	29.68%
COSW Roundhill COST WeeklyPay ETF	12.26%	4.96%

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 -12.17%. 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%	-12.17%	-8.71%
Current Drawdown Current decline from peak	-11.49%	-3.28%	-8.21%
Average Drawdown Average peak-to-trough decline	-13.20%	-4.05%	-9.15%

Volatility

Volatility by Period

	SLTY	COSW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.54%	25.36%	-5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.54%	25.36%	-5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	25.36%	-5.82%