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 23.67% vs -68.94% 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 -17.23% return, which is significantly higher than COIW's -37.87% return.
TSLW
- 1D
- -3.72%
- 1M
- -3.84%
- 6M
- -16.87%
- YTD
- -17.23%
- 1Y
- 23.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIW
- 1D
- -1.35%
- 1M
- -2.31%
- 6M
- -43.17%
- YTD
- -37.87%
- 1Y
- -68.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. COIW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -17.23% | 35.28% |
COIW COIN WeeklyPay™ ETF | -37.87% | -15.63% |
Correlation
The correlation between TSLW and COIW is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
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 | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.84 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | -0.92 | +1.58 |
| Martin ratioReturn relative to average drawdown | 1.40 | -1.33 | +2.73 |
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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 -75.01%. 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% | -75.01% | +39.21% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | -75.01% | +39.21% |
Current DrawdownCurrent decline from peak | -25.41% | -71.87% | +46.46% |
Average DrawdownAverage peak-to-trough decline | -13.85% | -40.53% | +26.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.92% | 52.02% | -35.10% |
Volatility
TSLW vs. COIW - Volatility Comparison
Roundhill TSLA WeeklyPay™ ETF (TSLW) and COIN WeeklyPay™ ETF (COIW) have volatilities of 20.82% and 20.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 20.82% | 20.49% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 37.41% | 64.13% | -26.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.62% | 82.00% | -28.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.26% | 89.86% | -32.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.26% | 89.86% | -32.60% |
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 92.94%, less than COIW's 237.73% yield.
| Position | TTM | 2025 |
|---|---|---|
COIW COIN WeeklyPay™ ETF | 237.73% | 120.37% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 92.94% | 49.31% |
Frequently Asked Questions
TSLW and COIW have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSLW has higher volatility (20.82%) compared to COIW (20.49%). In terms of maximum drawdown, TSLW dropped -35.80% vs COIW's -75.01%.
On 1-year performance, TSLW leads with 23.67% vs -68.94% for COIW. Both ETFs have the same 0.99% expense ratio. On volatility, COIW has been the lower-risk option at 20.49%. 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 23.67% return vs -68.94%. 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 237.73%, compared with 92.94% for TSLW.
TSLW currently has the higher Sharpe Ratio (0.44 vs -0.84), 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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