HOOD vs. PLTY
HOOD (Robinhood Markets, Inc.) is a stock, while PLTY (YieldMax PLTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, HOOD returned 13.57% vs 4.57% for PLTY. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
HOOD vs. PLTY - Performance Comparison
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Returns By Period
In the year-to-date period, HOOD achieves a -24.81% return, which is significantly lower than PLTY's -16.45% return.
HOOD
- 1D
- 3.12%
- 1M
- 10.40%
- YTD
- -24.81%
- 6M
- -37.67%
- 1Y
- 13.57%
- 3Y*
- 108.29%
- 5Y*
- —
- 10Y*
- —
PLTY
- 1D
- 0.42%
- 1M
- 0.90%
- YTD
- -16.45%
- 6M
- -18.69%
- 1Y
- 4.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD vs. PLTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HOOD Robinhood Markets, Inc. | -24.81% | 203.54% | 45.49% |
PLTY YieldMax PLTR Option Income Strategy ETF | -16.45% | 78.06% | 49.98% |
Correlation
The correlation between HOOD and PLTY is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2024 | 0.56 |
The correlation between HOOD and PLTY has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.
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Return for Risk
HOOD vs. PLTY — Risk / Return Rank
HOOD
PLTY
HOOD vs. PLTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) and YieldMax PLTR Option Income Strategy ETF (PLTY). 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.
| HOOD | PLTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.06 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.13 | +0.10 |
| Martin ratioReturn relative to average drawdown | 0.44 | 0.26 | +0.18 |
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
| HOOD | PLTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.11 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 1.19 | -0.91 |
Drawdowns
HOOD vs. PLTY - Drawdown Comparison
The maximum HOOD drawdown since its inception was -90.21%, which is greater than PLTY's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for HOOD and PLTY.
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Drawdown Indicators
| HOOD | PLTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.21% | -36.61% | -53.60% |
Max Drawdown (1Y)Largest decline over 1 year | -57.26% | -34.41% | -22.85% |
Max Drawdown (3Y)Largest decline over 3 years | -57.26% | — | — |
Current DrawdownCurrent decline from peak | -44.22% | -27.54% | -16.68% |
Average DrawdownAverage peak-to-trough decline | -60.95% | -12.87% | -48.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.25% | 17.96% | +13.29% |
Volatility
HOOD vs. PLTY - Volatility Comparison
Robinhood Markets, Inc. (HOOD) has a higher volatility of 22.93% compared to YieldMax PLTR Option Income Strategy ETF (PLTY) at 14.41%. This indicates that HOOD's price experiences larger fluctuations and is considered to be riskier than PLTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOOD | PLTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.93% | 14.41% | +8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 50.49% | 32.39% | +18.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.17% | 42.73% | +26.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.04% | 52.83% | +21.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.04% | 52.83% | +21.21% |
Dividends
HOOD vs. PLTY - Dividend Comparison
HOOD has not paid dividends to shareholders, while PLTY's dividend yield for the trailing twelve months is around 115.59%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 115.59% | 112.44% | 7.85% |
Frequently Asked Questions
HOOD and PLTY have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (22.93%) compared to PLTY (14.41%). In terms of maximum drawdown, HOOD dropped -90.21% vs PLTY's -36.61%.
HOOD currently has the higher Sharpe Ratio (0.20 vs 0.11), 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.
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