EDGE vs. HOII

Last updated Jun 24, 2026

EDGE (MRBL Enhanced Equity ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. EDGE charges 0.74%/yr vs 0.99%/yr for HOII.

Performance

EDGE vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MRBL Enhanced Equity ETF (EDGE) 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, EDGE achieves a 7.77% return, which is significantly lower than HOII's 19,132.59% return.

EDGE

• 1D: -1.30%
• 1M: 0.06%
• YTD: 7.77%
• 6M: 7.50%
• 1Y: 25.34%
• 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)

EDGE vs. HOII - Yearly Performance Comparison

	2026 (YTD)	2025
EDGE MRBL Enhanced Equity ETF	7.77%	2.38%
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%

Correlation

The correlation between EDGE and HOII is 0.61, 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	0.61

Return for Risk

EDGE vs. HOII — Risk / Return Rank

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

EDGE

EDGE Risk / Return Rank: 74
EDGE Sharpe Ratio Rank: 74
EDGE Sortino Ratio Rank: 72
EDGE Omega Ratio Rank: 80
EDGE Calmar Ratio Rank: 63
EDGE Martin Ratio Rank: 81

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.

EDGE vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MRBL Enhanced Equity ETF (EDGE) 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.

	EDGE	HOII	Difference
Sharpe ratio: Return per unit of total volatility	2.13	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	14.65	—	—

Drawdowns

EDGE vs. HOII - Drawdown Comparison

The maximum EDGE drawdown since its inception was -20.66%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for EDGE and HOII.

Drawdown Indicators

	EDGE	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-20.66%	-55.38%	+34.72%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	—	—
Current Drawdown Current decline from peak	-1.95%	0.00%	-1.95%
Average Drawdown Average peak-to-trough decline	-2.79%	-36.68%	+33.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	—	—

Volatility

Volatility by Period

	EDGE	HOII	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	34,045.59%	-34,033.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	34,045.59%	-34,029.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.07%	34,045.59%	-34,029.52%

EDGE vs. HOII - Expense Ratio Comparison

EDGE has a 0.74% expense ratio, which is lower than HOII's 0.99% expense ratio.

Dividends

EDGE vs. HOII - Dividend Comparison

EDGE has not paid dividends to shareholders, while HOII's dividend yield for the trailing twelve months is around 120.87%.

Position	TTM	2025
EDGE MRBL Enhanced Equity ETF	0.00%	0.00%
HOII REX HOOD Growth & Income ETF	120.87%	4.41%

Frequently Asked Questions

Can I hold both EDGE and HOII in my portfolio?

EDGE and HOII have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDGE or HOII?

On fees, EDGE is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGE or HOII?

EDGE is cheaper with a 0.74% expense ratio, compared with 0.99% for HOII.

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

HOII has the higher dividend yield at 120.87%, compared with 0.00% for EDGE.

What is the main difference between EDGE and HOII?

They also come from different issuers: MRBL and REX. Their fees differ too: 0.74% for EDGE and 0.99% for HOII.