COYY vs. HOOW

Last updated Jun 4, 2026

COYY (GraniteShares YieldBOOST COIN ETF) and HOOW (Roundhill HOOD WeeklyPay ETF) are both exchange-traded funds - COYY is a Derivative Income fund actively managed by GraniteShares, while HOOW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. COYY charges 1.07%/yr vs 0.99%/yr for HOOW.

Performance

COYY vs. HOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST COIN ETF (COYY) and Roundhill HOOD WeeklyPay ETF (HOOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COYY achieves a -29.65% return, which is significantly higher than HOOW's -34.08% return.

COYY

• 1D: -2.87%
• 1M: -7.38%
• YTD: -29.65%
• 6M: -39.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOW

• 1D: -7.51%
• 1M: 8.18%
• YTD: -34.08%
• 6M: -46.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COYY vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
COYY GraniteShares YieldBOOST COIN ETF	-29.65%	-38.98%
HOOW Roundhill HOOD WeeklyPay ETF	-34.08%	5.97%

Correlation

The correlation between COYY and HOOW is 0.70, 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 Jul 30, 2025	0.70

Return for Risk

COYY vs. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST COIN ETF (COYY) and Roundhill HOOD WeeklyPay ETF (HOOW). 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

	COYY	HOOW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.74	-0.04	-1.70

Drawdowns

COYY vs. HOOW - Drawdown Comparison

The maximum COYY drawdown since its inception was -58.58%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for COYY and HOOW.

Drawdown Indicators

	COYY	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-58.58%	-65.74%	+7.16%
Current Drawdown Current decline from peak	-58.58%	-55.23%	-3.35%
Average Drawdown Average peak-to-trough decline	-35.21%	-29.13%	-6.08%

Volatility

Volatility by Period

	COYY	HOOW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.39%	83.86%	-47.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.39%	83.86%	-47.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.39%	83.86%	-47.47%

COYY vs. HOOW - Expense Ratio Comparison

COYY has a 1.07% expense ratio, which is higher than HOOW's 0.99% expense ratio.

Dividends

COYY vs. HOOW - Dividend Comparison

COYY's dividend yield for the trailing twelve months is around 386.46%, more than HOOW's 163.90% yield.

Position	TTM	2025
COYY GraniteShares YieldBOOST COIN ETF	386.46%	132.14%
HOOW Roundhill HOOD WeeklyPay ETF	163.90%	67.92%

Frequently Asked Questions

Can I hold both COYY and HOOW in my portfolio?

COYY and HOOW have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COYY or HOOW?

On fees, HOOW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COYY or HOOW?

HOOW is cheaper with a 0.99% expense ratio, compared with 1.07% for COYY.

Which ETF pays a higher dividend yield, COYY or HOOW?

COYY has the higher dividend yield at 386.46%, compared with 163.90% for HOOW.

What is the main difference between COYY and HOOW?

COYY is categorized as Derivative Income, while HOOW is Leveraged Equities. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for COYY and 0.99% for HOOW.