HOII vs. TSMY

Last updated Jul 15, 2026

HOII (REX HOOD Growth & Income ETF) and TSMY (YieldMax TSM Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

HOII vs. TSMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX HOOD Growth & Income ETF (HOII) and YieldMax TSM Option Income Strategy ETF (TSMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOII achieves a 19,132.59% return, which is significantly higher than TSMY's 33.96% return.

HOII

• 1D: 0.00%
• 1M: 26,786.58%
• 6M: 17,768.37%
• YTD: 19,132.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMY

• 1D: 0.44%
• 1M: 0.34%
• 6M: 24.41%
• YTD: 33.96%
• 1Y: 68.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HOII vs. TSMY - Yearly Performance Comparison

	2026 (YTD)	2025
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%
TSMY YieldMax TSM Option Income Strategy ETF	33.96%	-0.80%

Correlation

The correlation between HOII and TSMY is 0.42, 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	0.42

Return for Risk

HOII vs. TSMY — Risk / Return Rank

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

HOII

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSMY

TSMY Risk / Return Rank: 83
TSMY Sharpe Ratio Rank: 83
TSMY Sortino Ratio Rank: 75
TSMY Omega Ratio Rank: 75
TSMY Calmar Ratio Rank: 91
TSMY Martin Ratio Rank: 89

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.

HOII vs. TSMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX HOOD Growth & Income ETF (HOII) and YieldMax TSM Option Income Strategy ETF (TSMY). 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.

	HOII	TSMY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.11	—
Sortino ratio: Return per unit of downside risk	—	2.67	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	4.45	—
Martin ratio: Return relative to average drawdown	—	15.21	—

Drawdowns

HOII vs. TSMY - Drawdown Comparison

The maximum HOII drawdown since its inception was -55.38%, which is greater than TSMY's maximum drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for HOII and TSMY.

Drawdown Indicators

	HOII	TSMY	Difference
Max Drawdown Largest peak-to-trough decline	-55.38%	-31.15%	-24.23%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.50%	—
Current Drawdown Current decline from peak	0.00%	-9.30%	+9.30%
Average Drawdown Average peak-to-trough decline	-36.68%	-5.45%	-31.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.52%	—

Volatility

Volatility by Period

	HOII	TSMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	34,045.59%	32.62%	+34,012.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34,045.59%	34.35%	+34,011.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34,045.59%	34.35%	+34,011.24%

HOII vs. TSMY - Expense Ratio Comparison

Both HOII and TSMY have an expense ratio of 0.99%.

Dividends

HOII vs. TSMY - Dividend Comparison

HOII has not paid dividends to shareholders, while TSMY's dividend yield for the trailing twelve months is around 52.63%.

Position	TTM	2025	2024
HOII REX HOOD Growth & Income ETF	120.87%	4.41%	0.00%
TSMY YieldMax TSM Option Income Strategy ETF	52.63%	56.76%	13.71%

Frequently Asked Questions

Can I hold both HOII and TSMY in my portfolio?

HOII and TSMY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOII or TSMY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOII or TSMY?

HOII and TSMY have the same expense ratio: 0.99% per year.

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

HOII has the higher dividend yield at 120.87%, compared with 52.63% for TSMY.

What is the main difference between HOII and TSMY?

They also come from different issuers: REX and YieldMax.