Roundhill HOOD WeeklyPay ETF (HOOW) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HOOW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HOOW
HOOW charges 0.99% annually. There are 211 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | HOOW vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | HOOW vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | HOOW vs SPUU | |
| Leverage Shares 2X Long PYPL Daily ETF | 0.75% | 18.66M | Apr 2025 | HOOW vs PYPG | |
| Leverage Shares 2X Long ORLY Daily ETF | 0.75% | 223.00K | Jan 2026 | HOOW vs ORLG |
Best Risk-Adjusted Alternatives to HOOW
HOOW has a PortfoliosLab risk / return rank of 10. There are 155 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | HOOW vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | HOOW vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | HOOW vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | HOOW vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | HOOW vs INTW |
Top Performing HOOW Alternatives (YTD)
HOOW is at -12.18% YTD. There are 195 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 589.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 589.77% | 162.40M | Feb 2025 | HOOW vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 449.17% | 6.16B | Oct 2024 | HOOW vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.29% | 923.53M | Nov 2024 | HOOW vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 332.72% | 509.42M | Feb 2025 | HOOW vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 332.54% | 101.49M | Nov 2025 | HOOW vs LINT |
Lowest Volatility Alternatives to HOOW
HOOW has 84.21% 1-year volatility. There are 226 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | HOOW vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.23% | 20.50M | Apr 2021 | HOOW vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | HOOW vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | HOOW vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.63% | 20.95M | Jul 2021 | HOOW vs QTJL |
Lowest Drawdown Alternatives to HOOW
HOOW has a 1-year max drawdown of -65.74%. There are 192 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | HOOW vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | HOOW vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | HOOW vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | HOOW vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | HOOW vs XDSQ |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 7 categories. AUM among these funds goes as high as $25B.
Often Compared With HOOW
Investors most often compare HOOW with HOOY, HOOD, BLOX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare HOOW with Any Fund or Stock
Compare HOOW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HOOW with funds that move differently
Roundhill HOOD WeeklyPay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HOOW.
Explore HOOW Diversifiers