BAGY vs. HOII

Last updated Jun 24, 2026

BAGY (Amplify Bitcoin Max Income Covered Call ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. BAGY charges 0.65%/yr vs 0.99%/yr for HOII.

Performance

BAGY vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Bitcoin Max Income Covered Call ETF (BAGY) and REX HOOD Growth & Income ETF (HOII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAGY achieves a -25.28% return, which is significantly lower than HOII's 19,132.59% return.

BAGY

• 1D: -3.61%
• 1M: -18.40%
• YTD: -25.28%
• 6M: -25.26%
• 1Y: -38.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOII

• 1D: 0.00%
• 1M: 30,031.23%
• YTD: 19,132.59%
• 6M: 17,912.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAGY vs. HOII - Yearly Performance Comparison

	2026 (YTD)	2025
BAGY Amplify Bitcoin Max Income Covered Call ETF	-25.28%	-16.68%
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%

Correlation

The correlation between BAGY and HOII is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.65

Return for Risk

BAGY vs. HOII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAGY

BAGY Risk / Return Rank: 2
BAGY Sharpe Ratio Rank: 2
BAGY Sortino Ratio Rank: 2
BAGY Omega Ratio Rank: 2
BAGY Calmar Ratio Rank: 2
BAGY Martin Ratio Rank: 2

HOII

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAGY vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Bitcoin Max Income Covered Call ETF (BAGY) and REX HOOD Growth & Income ETF (HOII). 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.

	BAGY	HOII	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	—	—
Sortino ratio: Return per unit of downside risk	-1.23	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.78	—	—
Martin ratio: Return relative to average drawdown	-1.37	—	—

Drawdowns

BAGY vs. HOII - Drawdown Comparison

The maximum BAGY drawdown since its inception was -49.84%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for BAGY and HOII.

Drawdown Indicators

	BAGY	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-49.84%	-55.38%	+5.54%
Max Drawdown (1Y) Largest decline over 1 year	-49.84%	—	—
Current Drawdown Current decline from peak	-47.43%	0.00%	-47.43%
Average Drawdown Average peak-to-trough decline	-20.76%	-36.68%	+15.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.33%	—	—

Volatility

Volatility by Period

	BAGY	HOII	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.91%	34,045.59%	-34,002.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.30%	34,045.59%	-34,004.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.30%	34,045.59%	-34,004.29%

BAGY vs. HOII - Expense Ratio Comparison

BAGY has a 0.65% expense ratio, which is lower than HOII's 0.99% expense ratio.

Dividends

BAGY vs. HOII - Dividend Comparison

BAGY's dividend yield for the trailing twelve months is around 60.88%, less than HOII's 120.87% yield.

Position	TTM	2025
BAGY Amplify Bitcoin Max Income Covered Call ETF	60.88%	30.16%
HOII REX HOOD Growth & Income ETF	120.87%	4.41%

Frequently Asked Questions

Can I hold both BAGY and HOII in my portfolio?

BAGY and HOII have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BAGY or HOII?

On fees, BAGY is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BAGY or HOII?

BAGY is cheaper with a 0.65% expense ratio, compared with 0.99% for HOII.

Which ETF pays a higher dividend yield, BAGY or HOII?

HOII has the higher dividend yield at 120.87%, compared with 60.88% for BAGY.

What is the main difference between BAGY and HOII?

They also come from different issuers: Amplify and REX. Their fees differ too: 0.65% for BAGY and 0.99% for HOII.