XSPI vs. COSW

Last updated Apr 2, 2026

Compare and contrast key facts about NEOS Boosted S&P 500 High Income ETF (XSPI) and Roundhill COST WeeklyPay ETF (COSW).

XSPI and COSW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSPI is a passively managed fund by NEOS Investments that tracks the performance of the S&P 500. It was launched on Feb 2, 2026. COSW is an actively managed fund by Roundhill. It was launched on Oct 23, 2025.

Performance

XSPI vs. COSW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted S&P 500 High Income ETF (XSPI) and Roundhill COST WeeklyPay ETF (COSW). The values are adjusted to include any dividend payments, if applicable.

XSPI vs. COSW - Yearly Performance Comparison

	2026 (YTD)
XSPI NEOS Boosted S&P 500 High Income ETF	-6.01%
COSW Roundhill COST WeeklyPay ETF	1.83%

Returns By Period

XSPI

• 1D: 0.96%
• 1M: -5.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COSW

• 1D: 0.56%
• 1M: -1.19%
• YTD: 17.85%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XSPI vs. COSW - Expense Ratio Comparison

XSPI has a 0.98% expense ratio, which is lower than COSW's 0.99% expense ratio.

COSW

Roundhill COST WeeklyPay ETF

XSPI

NEOS Boosted S&P 500 High Income ETF

Return for Risk

XSPI vs. COSW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted S&P 500 High Income ETF (XSPI) 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

	XSPI	COSW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.48	0.50	-1.98

Correlation

The correlation between XSPI and COSW is -0.18. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

XSPI vs. COSW - Dividend Comparison

XSPI's dividend yield for the trailing twelve months is around 3.05%, less than COSW's 12.19% yield.

	TTM	2025
XSPI NEOS Boosted S&P 500 High Income ETF	3.05%	0.00%
COSW Roundhill COST WeeklyPay ETF	12.19%	4.96%

Drawdowns

XSPI vs. COSW - Drawdown Comparison

The maximum XSPI drawdown since its inception was -11.59%, roughly equal to the maximum COSW drawdown of -12.17%. Use the drawdown chart below to compare losses from any high point for XSPI and COSW.

Drawdown Indicators

	XSPI	COSW	Difference
Max Drawdown Largest peak-to-trough decline	-11.59%	-12.17%	+0.58%
Current Drawdown Current decline from peak	-6.88%	-2.74%	-4.14%
Average Drawdown Average peak-to-trough decline	-3.57%	-4.04%	+0.47%

Volatility

Volatility by Period

	XSPI	COSW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.09%	25.26%	-3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.09%	25.26%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.09%	25.26%	-3.17%