HEMI vs. USOY
HEMI (Hartford Equity Premium Income ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.45, they often move in opposite directions. HEMI charges 0.49%/yr vs 1.22%/yr for USOY.
Performance
HEMI vs. USOY - Performance Comparison
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Returns By Period
In the year-to-date period, HEMI achieves a 8.46% return, which is significantly lower than USOY's 59.27% return.
HEMI
- 1D
- -0.37%
- 1M
- 3.63%
- YTD
- 8.46%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USOY
- 1D
- -1.79%
- 1M
- -3.80%
- YTD
- 59.27%
- 6M
- 55.41%
- 1Y
- 54.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEMI vs. USOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HEMI Hartford Equity Premium Income ETF | 8.46% | 1.92% |
USOY Defiance Oil Enhanced Options Income ETF | 59.27% | 2.18% |
Correlation
The correlation between HEMI and USOY is -0.45, 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 Dec 18, 2025 | -0.45 |
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Return for Risk
HEMI vs. USOY — Risk / Return Rank
HEMI
USOY
HEMI vs. USOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Equity Premium Income ETF (HEMI) and Defiance Oil Enhanced Options Income ETF (USOY). 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.
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Sharpe Ratios by Period
| HEMI | USOY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.99 | 0.95 | +1.05 |
Drawdowns
HEMI vs. USOY - Drawdown Comparison
The maximum HEMI drawdown since its inception was -7.80%, smaller than the maximum USOY drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for HEMI and USOY.
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Drawdown Indicators
| HEMI | USOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.80% | -17.46% | +9.66% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.29% | — |
Current DrawdownCurrent decline from peak | -0.39% | -6.81% | +6.42% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -6.47% | +5.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.43% | — |
Volatility
HEMI vs. USOY - Volatility Comparison
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Volatility by Period
| HEMI | USOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 30.50% | -18.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.49% | 26.14% | -13.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.49% | 26.14% | -13.65% |
HEMI vs. USOY - Expense Ratio Comparison
HEMI has a 0.49% expense ratio, which is lower than USOY's 1.22% expense ratio.
Dividends
HEMI vs. USOY - Dividend Comparison
HEMI's dividend yield for the trailing twelve months is around 3.46%, less than USOY's 56.65% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HEMI Hartford Equity Premium Income ETF | 3.46% | 0.00% | 0.00% |
USOY Defiance Oil Enhanced Options Income ETF | 56.65% | 104.32% | 48.60% |
Frequently Asked Questions
HEMI and USOY have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HEMI is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HEMI is cheaper with a 0.49% expense ratio, compared with 1.22% for USOY.
USOY has the higher dividend yield at 56.65%, compared with 3.46% for HEMI.
They also come from different issuers: Hartford Funds and Defiance. Their fees differ too: 0.49% for HEMI and 1.22% for USOY.
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