HIGH vs. HOII
HIGH (Simplify Enhanced Income ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. HIGH charges 0.51%/yr vs 0.99%/yr for HOII.
Performance
HIGH vs. HOII - Performance Comparison
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Returns By Period
In the year-to-date period, HIGH achieves a -0.79% return, which is significantly lower than HOII's 19,132.59% return.
HIGH
- 1D
- -0.82%
- 1M
- 0.09%
- YTD
- -0.79%
- 6M
- -1.67%
- 1Y
- -1.43%
- 3Y*
- 2.72%
- 5Y*
- —
- 10Y*
- —
HOII
- 1D
- 0.00%
- 1M
- 30,031.23%
- YTD
- 19,132.59%
- 6M
- 17,912.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIGH vs. HOII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIGH Simplify Enhanced Income ETF | -0.79% | -2.42% |
HOII REX HOOD Growth & Income ETF | 19,132.59% | -23.54% |
Correlation
The correlation between HIGH and HOII is 0.43, 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 Nov 4, 2025 | 0.43 |
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Return for Risk
HIGH vs. HOII — Risk / Return Rank
HIGH
HOII
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HIGH vs. HOII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) 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.
| HIGH | HOII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.98 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | — | — |
| Martin ratioReturn relative to average drawdown | -0.21 | — | — |
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Drawdowns
HIGH vs. HOII - Drawdown Comparison
The maximum HIGH drawdown since its inception was -9.50%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for HIGH and HOII.
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Drawdown Indicators
| HIGH | HOII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.50% | -55.38% | +45.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.50% | — | — |
Current DrawdownCurrent decline from peak | -7.50% | 0.00% | -7.50% |
Average DrawdownAverage peak-to-trough decline | -2.44% | -36.68% | +34.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.73% | — | — |
Volatility
HIGH vs. HOII - Volatility Comparison
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Volatility by Period
| HIGH | HOII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.81% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.79% | 34,045.59% | -34,036.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.53% | 34,045.59% | -34,036.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.53% | 34,045.59% | -34,036.06% |
HIGH vs. HOII - Expense Ratio Comparison
HIGH has a 0.51% expense ratio, which is lower than HOII's 0.99% expense ratio.
Dividends
HIGH vs. HOII - Dividend Comparison
HIGH's dividend yield for the trailing twelve months is around 7.36%, less than HOII's 120.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HIGH Simplify Enhanced Income ETF | 7.36% | 7.71% | 8.34% | 9.40% | 0.62% |
HOII REX HOOD Growth & Income ETF | 120.87% | 4.41% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HIGH and HOII have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HIGH is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HIGH is cheaper with a 0.51% expense ratio, compared with 0.99% for HOII.
HOII has the higher dividend yield at 120.87%, compared with 7.36% for HIGH.
They also come from different issuers: Simplify and REX. Their fees differ too: 0.51% for HIGH and 0.99% for HOII.
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