TSLW vs. COIW
TSLW (Roundhill TSLA WeeklyPay™ ETF) and COIW (COIN WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, TSLW returned 23.98% vs -57.17% for COIW. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
TSLW vs. COIW - Performance Comparison
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Returns By Period
In the year-to-date period, TSLW achieves a -14.13% return, which is significantly higher than COIW's -34.18% return.
TSLW
- 1D
- 1.45%
- 1M
- -6.19%
- YTD
- -14.13%
- 6M
- -22.33%
- 1Y
- 23.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIW
- 1D
- 1.03%
- 1M
- -14.04%
- YTD
- -34.18%
- 6M
- -41.34%
- 1Y
- -57.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. COIW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -14.13% | 35.28% |
COIW COIN WeeklyPay™ ETF | -34.18% | -15.63% |
Correlation
The correlation between TSLW and COIW is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025 | 0.41 |
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Return for Risk
TSLW vs. COIW — Risk / Return Rank
TSLW
COIW
TSLW vs. COIW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) 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.
| TSLW | COIW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.90 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | -0.77 | +1.44 |
| Martin ratioReturn relative to average drawdown | 1.46 | -1.16 | +2.63 |
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Drawdowns
TSLW vs. COIW - Drawdown Comparison
The maximum TSLW drawdown since its inception was -35.80%, smaller than the maximum COIW drawdown of -74.55%. Use the drawdown chart below to compare losses from any high point for TSLW and COIW.
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Drawdown Indicators
| TSLW | COIW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -74.55% | +38.75% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | -74.55% | +38.75% |
Current DrawdownCurrent decline from peak | -22.62% | -70.20% | +47.58% |
Average DrawdownAverage peak-to-trough decline | -13.30% | -39.21% | +25.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.42% | 49.18% | -32.76% |
Volatility
TSLW vs. COIW - Volatility Comparison
The current volatility for Roundhill TSLA WeeklyPay™ ETF (TSLW) is 15.64%, while COIN WeeklyPay™ ETF (COIW) has a volatility of 22.18%. This indicates that TSLW 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.
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Volatility by Period
| TSLW | COIW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.64% | 22.18% | -6.54% |
Volatility (6M)Calculated over the trailing 6-month period | 33.62% | 62.97% | -29.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.11% | 82.96% | -29.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.70% | 90.41% | -34.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.70% | 90.41% | -34.71% |
TSLW vs. COIW - Expense Ratio Comparison
Both TSLW and COIW have an expense ratio of 0.99%.
Dividends
TSLW vs. COIW - Dividend Comparison
TSLW's dividend yield for the trailing twelve months is around 91.65%, less than COIW's 230.88% yield.
| Position | TTM | 2025 |
|---|---|---|
COIW COIN WeeklyPay™ ETF | 230.88% | 120.37% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 91.65% | 49.31% |
Frequently Asked Questions
TSLW and COIW have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIW has higher volatility (22.18%) compared to TSLW (15.64%). In terms of maximum drawdown, TSLW dropped -35.80% vs COIW's -74.55%.
On 1-year performance, TSLW leads with 23.98% vs -57.17% for COIW. Both ETFs have the same 0.99% expense ratio. On volatility, TSLW has been the lower-risk option at 15.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TSLW has performed better with a 23.98% return vs -57.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TSLW and COIW have the same expense ratio: 0.99% per year.
COIW has the higher dividend yield at 230.88%, compared with 91.65% for TSLW.
TSLW currently has the higher Sharpe Ratio (0.45 vs -0.69), 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.
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