FIAT vs. HOII
FIAT (YieldMax Short COIN Option Income Strategy ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.80, they often move in opposite directions. Both charge a 0.99% expense ratio.
Performance
FIAT vs. HOII - Performance Comparison
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Returns By Period
In the year-to-date period, FIAT achieves a 16.16% return, which is significantly lower than HOII's 19,132.59% return.
FIAT
- 1D
- 2.82%
- 1M
- 11.72%
- YTD
- 16.16%
- 6M
- 21.46%
- 1Y
- 25.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOII
- 1D
- 0.00%
- 1M
- 30,031.23%
- YTD
- 19,132.59%
- 6M
- 17,912.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIAT vs. HOII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FIAT YieldMax Short COIN Option Income Strategy ETF | 16.16% | 31.01% |
HOII REX HOOD Growth & Income ETF | 19,132.59% | -23.54% |
Correlation
The correlation between FIAT and HOII is -0.80, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | -0.80 |
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Return for Risk
FIAT vs. HOII — Risk / Return Rank
FIAT
HOII
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIAT vs. HOII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Short COIN Option Income Strategy ETF (FIAT) 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.
| FIAT | HOII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.13 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | — | — |
| Martin ratioReturn relative to average drawdown | 1.60 | — | — |
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Drawdowns
FIAT vs. HOII - Drawdown Comparison
The maximum FIAT drawdown since its inception was -70.50%, which is greater than HOII's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for FIAT and HOII.
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Drawdown Indicators
| FIAT | HOII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -55.38% | -15.12% |
Max Drawdown (1Y)Largest decline over 1 year | -34.22% | — | — |
Current DrawdownCurrent decline from peak | -49.94% | 0.00% | -49.94% |
Average DrawdownAverage peak-to-trough decline | -45.40% | -36.68% | -8.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.71% | — | — |
Volatility
FIAT vs. HOII - Volatility Comparison
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Volatility by Period
| FIAT | HOII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 42.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.54% | 34,045.59% | -33,992.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.24% | 34,045.59% | -33,985.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.24% | 34,045.59% | -33,985.35% |
FIAT vs. HOII - Expense Ratio Comparison
Both FIAT and HOII have an expense ratio of 0.99%.
Dividends
FIAT vs. HOII - Dividend Comparison
FIAT's dividend yield for the trailing twelve months is around 100.29%, less than HOII's 120.87% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FIAT YieldMax Short COIN Option Income Strategy ETF | 100.29% | 178.11% | 70.99% |
HOII REX HOOD Growth & Income ETF | 120.87% | 4.41% | 0.00% |
Frequently Asked Questions
FIAT and HOII have a correlation of -0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FIAT and HOII have the same expense ratio: 0.99% per year.
HOII has the higher dividend yield at 120.87%, compared with 100.29% for FIAT.
They also come from different issuers: YieldMax and REX.
Find the right allocation for FIAT and HOII
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