HOOD vs. HOOY
HOOD (Robinhood Markets, Inc.) is a stock, while HOOY (YieldMax HOOD Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, HOOD returned -13.35% vs -16.31% for HOOY. Their 0.98 correlation means they have historically moved very closely together.
Performance
HOOD vs. HOOY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HOOD achieves a -23.47% return, which is significantly lower than HOOY's -19.12% return.
HOOD
- 1D
- -0.05%
- 1M
- -23.21%
- 6M
- -12.99%
- YTD
- -23.47%
- 1Y
- -13.35%
- 3Y*
- 88.76%
- 5Y*
- 19.75%
- 10Y*
- —
- ALL TIME*
- 17.88%
HOOY
- 1D
- 0.65%
- 1M
- -19.02%
- 6M
- -10.75%
- YTD
- -19.12%
- 1Y
- -16.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 27.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.93B | $2.33B | $2.54B | |
| $4.48M | $4.88M | $3.99M |
HOOD vs. HOOY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOD Robinhood Markets, Inc. | -23.47% | 126.25% |
HOOY YieldMax HOOD Option Income Strategy ETF | -19.12% | 67.41% |
Correlation
The correlation between HOOD and HOOY is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (All Time) Calculated using the full available price history since May 8, 2025 | 0.98 |
The correlation between HOOD and HOOY has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HOOD vs. HOOY — Risk / Return Rank
HOOD
HOOY
HOOD vs. HOOY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) and YieldMax HOOD Option Income Strategy ETF (HOOY). 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.
| HOOD | HOOY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.99 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | -0.37 | +0.09 |
| Martin ratioReturn relative to average drawdown | -0.47 | -0.62 | +0.15 |
Loading charts...
Drawdowns
HOOD vs. HOOY - Drawdown Comparison
The maximum HOOD drawdown since its inception was -90.21%, which is greater than HOOY's maximum drawdown of -51.54%. Use the drawdown chart below to compare losses from any high point for HOOD and HOOY.
Loading charts...
Drawdown Indicators
| HOOD | HOOY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.21% | -51.54% | -38.67% |
Max Drawdown (1Y)Largest decline over 1 year | -57.26% | -51.54% | -5.72% |
Max Drawdown (3Y)Largest decline over 3 years | -57.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -90.21% | — | — |
Current DrawdownCurrent decline from peak | -43.22% | -39.73% | -3.49% |
Average DrawdownAverage peak-to-trough decline | -60.10% | -21.58% | -38.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.81% | 30.95% | +2.86% |
Volatility
HOOD vs. HOOY - Volatility Comparison
Robinhood Markets, Inc. (HOOD) has a higher volatility of 17.67% compared to YieldMax HOOD Option Income Strategy ETF (HOOY) at 15.19%. This indicates that HOOD's price experiences larger fluctuations and is considered to be riskier than HOOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HOOD | HOOY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.67% | 15.19% | +2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 53.55% | 44.44% | +9.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.22% | 57.14% | +13.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.87% | 54.58% | +19.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.91% | 54.58% | +19.33% |
Dividends
HOOD vs. HOOY - Dividend Comparison
HOOD has not paid dividends to shareholders, while HOOY's dividend yield for the trailing twelve months is around 148.68%.
| Position | TTM | 2025 |
|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% |
HOOY YieldMax HOOD Option Income Strategy ETF | 148.68% | 82.87% |
Frequently Asked Questions
With a correlation of 0.99, HOOD and HOOY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HOOD has higher volatility (17.67%) compared to HOOY (15.19%). In terms of maximum drawdown, HOOD dropped -90.21% vs HOOY's -51.54%.
HOOD currently has the higher Sharpe Ratio (-0.23 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HOOD and HOOY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer