DSTL vs HCOW
Distillate US Fundamental Stability & Value ETF vs Amplify COWS Covered Call ETF
Which is better, DSTL or HCOW?
DSTL has been ahead.
DSTL has a lower expense ratio. DSTL led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 41.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DSTL | HCOW |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.65% |
| AUM | $2.0B | $17M |
| Dividend Yield | 1.14% | 13.09% |
| Holdings | 300 | 86 |
| YTD Return | +13.34%Best | +8.81% |
| 1Y Return | +16.45%Best | +15.59% |
| 3Y Return (annualized) | +15.03%Best | +10.63% |
| 5Y Return (annualized) | +10.92% | - |
| Volatility (annualized) | 14.3%Best | 15.2% |
| Max Drawdown | -16.9%Best | -24.1% |
| $10,000 over 3.1 years | $15,261Best | $13,468 |
| Top 10 Weight | 18.3%Best | 41.6% |
| Fund Family | Distillate Capital Etfs | Amplify ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 23, 2018 | Sep 20, 2023 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 14, 2026 (3.1 years).
DSTL vs HCOW growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
DSTL vs HCOW Performance
Distillate US Fundamental Stability & Value ETF (DSTL) is an ETF from Distillate Capital Etfs and Amplify COWS Covered Call ETF (HCOW) is an ETF from Amplify ETFs. Over the past year DSTL returned +16.45% while HCOW returned +15.59%. Year to date, DSTL is up 13.34% versus a gain of 8.81% for HCOW.
Over three years, DSTL compounded at +15.03% per year against +10.63% for HCOW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HCOW has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 14.3% for DSTL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.9% for DSTL and -24.1% for HCOW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DSTL charges 0.39% per year while HCOW charges 0.65%. On a $10,000 position that is $39 vs $65 annually, a gap of $26 per year that compounds over a long holding period. On income, DSTL currently yields 1.14% against 13.09% for HCOW.
Holdings Overlap
11.7% of DSTL's money is in holdings HCOW also owns. 37.3% of HCOW's money is in holdings DSTL also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 101 positions we hold weights for in DSTL and 31 in HCOW, against full books of 300 and 86.
What only one of them owns
Our book lists 19 positions for HCOW that do not appear in our book for DSTL (63.0% of the fund), and 88 for DSTL that do not appear in HCOW (87.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DSTL | Weight in HCOW | Difference |
|---|---|---|---|
| TELTe Connectivity Plc Common Stock Usd | 1.09% | 4.27% | 3.18% |
| AVYAvery Dennison Corp. | 0.84% | 4.06% | 3.22% |
| INTUIntuit, Inc. | 1.19% | 3.62% | 2.43% |
| CSLCsl Ltd. - Adr | 0.89% | 3.87% | 2.98% |
| ZTSZoetis Inc . | 0.95% | 3.79% | 2.84% |
| CCKCrown Holdings Inc. | 0.80% | 3.82% | 3.02% |
| ADPAutomatic Data Processing, Inc. | 1.19% | 2.34% | 1.15% |
| CTSHCognizant Technology Solutions Corp. Class A | 0.96% | 2.47% | 1.51% |
| ICEIntercontinental Exchange Grp Usd0.01 | 1.12% | 2.28% | 1.16% |
| AJGArthur J Gallagher & Co. | 1.11% | 2.24% | 1.13% |
37.3% of HCOW is already inside DSTL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DSTL or HCOW?
DSTL has an expense ratio of 0.39% while HCOW charges 0.65%. DSTL is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, DSTL or HCOW?
Over the past year DSTL returned +16.45% vs +15.59% for HCOW, so DSTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSTL or HCOW?
HCOW has been the more volatile fund at 15.2% annualized versus 14.3% for DSTL. Worst drawdown: DSTL -16.9% vs HCOW -24.1%.
Should I hold both DSTL and HCOW?
DSTL and HCOW have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DSTL and HCOW?
37.3% of HCOW's money is in holdings DSTL also owns. 37.3% of HCOW's is in holdings DSTL also owns. They hold 12 positions in common, counted across the 101 positions we hold weights for in DSTL and 31 in HCOW.
Which pays a higher dividend, DSTL or HCOW?
DSTL yields 1.14% while HCOW yields 13.09%, so HCOW currently pays the higher dividend yield.
Is HCOW better than DSTL?
DSTL has a lower expense ratio. DSTL led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. DSTL is less concentrated, with 18.3% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.