GLDY vs. HOOI
GLDY (Defiance Gold Enhanced Options Income ETF) and HOOI (Defiance Leveraged Long + Income HOOD ETF) are both exchange-traded funds - GLDY is a Derivative Income fund actively managed by Defiance, while HOOI is a Leveraged Equities fund actively managed by Defiance. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. GLDY charges 0.99%/yr vs 1.51%/yr for HOOI.
Performance
GLDY vs. HOOI - Performance Comparison
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Returns By Period
In the year-to-date period, GLDY achieves a -2.30% return, which is significantly higher than HOOI's -10.33% return.
GLDY
- 1D
- -0.58%
- 1M
- -1.38%
- YTD
- -2.30%
- 6M
- -0.58%
- 1Y
- 13.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOI
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -10.33%
- 6M
- -33.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLDY vs. HOOI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GLDY Defiance Gold Enhanced Options Income ETF | -2.30% | 15.61% |
HOOI Defiance Leveraged Long + Income HOOD ETF | -10.33% | -14.45% |
Correlation
The correlation between GLDY and HOOI is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | 0.04 |
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Return for Risk
GLDY vs. HOOI — Risk / Return Rank
GLDY
HOOI
GLDY vs. HOOI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GLDY) and Defiance Leveraged Long + Income HOOD ETF (HOOI). 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.
| GLDY | HOOI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | — | — |
| Martin ratioReturn relative to average drawdown | 2.47 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLDY | HOOI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | -0.34 | +0.90 |
Drawdowns
GLDY vs. HOOI - Drawdown Comparison
The maximum GLDY drawdown since its inception was -13.43%, smaller than the maximum HOOI drawdown of -58.34%. Use the drawdown chart below to compare losses from any high point for GLDY and HOOI.
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Drawdown Indicators
| GLDY | HOOI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.43% | -58.34% | +44.91% |
Max Drawdown (1Y)Largest decline over 1 year | -13.43% | — | — |
Current DrawdownCurrent decline from peak | -13.12% | -57.31% | +44.19% |
Average DrawdownAverage peak-to-trough decline | -3.91% | -39.57% | +35.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.61% | — | — |
Volatility
GLDY vs. HOOI - Volatility Comparison
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Volatility by Period
| GLDY | HOOI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 18.27% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.87% | 88.80% | -68.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.58% | 88.80% | -69.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 88.80% | -69.22% |
GLDY vs. HOOI - Expense Ratio Comparison
GLDY has a 0.99% expense ratio, which is lower than HOOI's 1.51% expense ratio.
Dividends
GLDY vs. HOOI - Dividend Comparison
GLDY's dividend yield for the trailing twelve months is around 46.42%, less than HOOI's 52.10% yield.
| Position | TTM | 2025 |
|---|---|---|
GLDY Defiance Gold Enhanced Options Income ETF | 46.42% | 37.38% |
HOOI Defiance Leveraged Long + Income HOOD ETF | 52.10% | 41.26% |
Frequently Asked Questions
GLDY and HOOI have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GLDY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GLDY is cheaper with a 0.99% expense ratio, compared with 1.51% for HOOI.
HOOI has the higher dividend yield at 52.10%, compared with 46.42% for GLDY.
GLDY is categorized as Derivative Income, while HOOI is Leveraged Equities. Their fees differ too: 0.99% for GLDY and 1.51% for HOOI.
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