CWY vs. HOII

Last updated Jun 30, 2026

CWY (GraniteShares YieldBOOST CRWV ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.32 correlation, their price movements are largely independent. CWY charges 1.07%/yr vs 0.99%/yr for HOII.

Performance

CWY vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST CRWV ETF (CWY) and REX HOOD Growth & Income ETF (HOII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CWY

• 1D: -0.10%
• 1M: -1.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOII

• 1D: 0.00%
• 1M: 24,595.54%
• YTD: 19,132.59%
• 6M: 18,335.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CWY vs. HOII - Yearly Performance Comparison

	2026 (YTD)
CWY GraniteShares YieldBOOST CRWV ETF	-0.32%
HOII REX HOOD Growth & Income ETF	30,031.23%

Correlation

The correlation between CWY and HOII is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.32

Return for Risk

CWY vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST CRWV ETF (CWY) 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.

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

Drawdowns

CWY vs. HOII - Drawdown Comparison

The maximum CWY drawdown since its inception was -4.40%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for CWY and HOII.

Drawdown Indicators

	CWY	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-4.40%	-55.38%	+50.98%
Current Drawdown Current decline from peak	-3.24%	0.00%	-3.24%
Average Drawdown Average peak-to-trough decline	-1.69%	-36.68%	+34.99%

Volatility

Volatility by Period

	CWY	HOII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.45%	34,045.59%	-34,032.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.45%	34,045.59%	-34,032.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.45%	34,045.59%	-34,032.14%

CWY vs. HOII - Expense Ratio Comparison

CWY has a 1.07% expense ratio, which is higher than HOII's 0.99% expense ratio.

Dividends

CWY vs. HOII - Dividend Comparison

CWY's dividend yield for the trailing twelve months is around 7.95%, less than HOII's 120.87% yield.

Position	TTM	2025
CWY GraniteShares YieldBOOST CRWV ETF	7.95%	0.00%
HOII REX HOOD Growth & Income ETF	120.87%	4.41%

Frequently Asked Questions

Can I hold both CWY and HOII in my portfolio?

CWY and HOII have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CWY or HOII?

On fees, HOII 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, CWY or HOII?

HOII is cheaper with a 0.99% expense ratio, compared with 1.07% for CWY.

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

HOII has the higher dividend yield at 120.87%, compared with 7.95% for CWY.

What is the main difference between CWY and HOII?

They also come from different issuers: GraniteShares and REX. Their fees differ too: 1.07% for CWY and 0.99% for HOII.