TSLW vs. MSTW
TSLW (Roundhill TSLA WeeklyPay™ ETF) and MSTW (Roundhill MSTR WeeklyPay ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
TSLW vs. MSTW - 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 MSTW's -36.63% return.
TSLW
- 1D
- 1.45%
- 1M
- -6.19%
- YTD
- -14.13%
- 6M
- -22.33%
- 1Y
- 23.98%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTW
- 1D
- -3.65%
- 1M
- -37.84%
- YTD
- -36.63%
- 6M
- -42.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLW vs. MSTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSLW Roundhill TSLA WeeklyPay™ ETF | -14.13% | 39.30% |
MSTW Roundhill MSTR WeeklyPay ETF | -36.63% | -71.40% |
Correlation
The correlation between TSLW and MSTW is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025 | 0.45 |
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Return for Risk
TSLW vs. MSTW — Risk / Return Rank
TSLW
MSTW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSLW vs. MSTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and Roundhill MSTR WeeklyPay ETF (MSTW). 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 | MSTW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | — | — |
| Martin ratioReturn relative to average drawdown | 1.46 | — | — |
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Drawdowns
TSLW vs. MSTW - Drawdown Comparison
The maximum TSLW drawdown since its inception was -35.80%, smaller than the maximum MSTW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for TSLW and MSTW.
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Drawdown Indicators
| TSLW | MSTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -81.89% | +46.09% |
Max Drawdown (1Y)Largest decline over 1 year | -35.80% | — | — |
Current DrawdownCurrent decline from peak | -22.62% | -81.89% | +59.27% |
Average DrawdownAverage peak-to-trough decline | -13.30% | -55.57% | +42.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.42% | — | — |
Volatility
TSLW vs. MSTW - Volatility Comparison
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Volatility by Period
| TSLW | MSTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.64% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 33.62% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.11% | 89.11% | -36.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.70% | 89.11% | -33.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.70% | 89.11% | -33.41% |
TSLW vs. MSTW - Expense Ratio Comparison
Both TSLW and MSTW have an expense ratio of 0.99%.
Dividends
TSLW vs. MSTW - Dividend Comparison
TSLW's dividend yield for the trailing twelve months is around 91.65%, less than MSTW's 307.13% yield.
| Position | TTM | 2025 |
|---|---|---|
MSTW Roundhill MSTR WeeklyPay ETF | 307.13% | 106.94% |
TSLW Roundhill TSLA WeeklyPay™ ETF | 91.65% | 49.31% |
Frequently Asked Questions
TSLW and MSTW have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
TSLW and MSTW have the same expense ratio: 0.99% per year.
MSTW has the higher dividend yield at 307.13%, compared with 91.65% for TSLW.
Find the right allocation for TSLW and MSTW
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