ECML vs HCOW
Euclidean Fundamental Value ETF vs Amplify COWS Covered Call ETF
Which is better, ECML or HCOW?
ECML has been ahead.
HCOW has a lower expense ratio. ECML led over 1Y, 3Y and the full window. ECML is less concentrated, with 20.7% 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 | ECML | HCOW |
|---|---|---|
| Expense Ratio | 0.95% | 0.65%Best |
| AUM | $126M | $17M |
| Dividend Yield | 1.17% | 13.09% |
| Holdings | 130 | 86 |
| YTD Return | +18.99%Best | +8.81% |
| 1Y Return | +24.66%Best | +15.59% |
| 3Y Return (annualized) | +14.57%Best | +10.63% |
| Volatility (annualized) | 18.0% | 15.2%Best |
| Max Drawdown | -25.4% | -24.1%Best |
| $10,000 over 3.1 years | $14,897Best | $13,468 |
| Top 10 Weight | 20.7%Best | 41.6% |
| Fund Family | Euclidean Technologies | Amplify ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 18, 2023 | Sep 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
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).
ECML 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.
ECML vs HCOW Performance
Euclidean Fundamental Value ETF (ECML) is an ETF from Euclidean Technologies and Amplify COWS Covered Call ETF (HCOW) is an ETF from Amplify ETFs. Over the past year ECML returned +24.66% while HCOW returned +15.59%. Year to date, ECML is up 18.99% versus a gain of 8.81% for HCOW.
Over three years, ECML compounded at +14.57% per year against +10.63% for HCOW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ECML has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.2% for HCOW. 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 -25.4% for ECML 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ECML charges 0.95% per year while HCOW charges 0.65%. On a $10,000 position that is $95 vs $65 annually, a gap of $30 per year that compounds over a long holding period. On income, ECML currently yields 1.17% against 13.09% for HCOW.
Holdings Overlap
4.8% of ECML's money is in holdings HCOW also owns. 9.8% of HCOW's money is in holdings ECML also owns.
HCOW and ECML share little of their money.
3 positions in common, counted across the 64 positions we hold weights for in ECML and 31 in HCOW, against full books of 130 and 86.
What only one of them owns
Our book lists 28 positions for HCOW that do not appear in our book for ECML (90.5% of the fund), and 60 for ECML that do not appear in HCOW (93.6%).
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.
You are not choosing between two funds in isolation.
Whichever of ECML and HCOW you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ECML or HCOW?
ECML has an expense ratio of 0.95% while HCOW charges 0.65%. HCOW is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, ECML or HCOW?
Over the past year ECML returned +24.66% vs +15.59% for HCOW, so ECML leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ECML or HCOW?
ECML has been the more volatile fund at 18.0% annualized versus 15.2% for HCOW. Worst drawdown: ECML -25.4% vs HCOW -24.1%.
Should I hold both ECML and HCOW?
ECML and HCOW have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ECML and HCOW?
9.8% of HCOW's money is in holdings ECML also owns. 9.8% of HCOW's is in holdings ECML also owns. They hold 3 positions in common, counted across the 64 positions we hold weights for in ECML and 31 in HCOW.
Which pays a higher dividend, ECML or HCOW?
ECML yields 1.17% while HCOW yields 13.09%, so HCOW currently pays the higher dividend yield.
Is HCOW better than ECML?
HCOW has a lower expense ratio. ECML led over 1Y, 3Y and the full window. ECML is less concentrated, with 20.7% 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.