HOOI vs. AIPO

Last updated Jun 4, 2026

HOOI (Defiance Leveraged Long + Income HOOD ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - HOOI is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Technology Equities fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. HOOI is actively managed, while AIPO is passively managed. At a 0.35 correlation, their price movements are largely independent. HOOI charges 1.51%/yr vs 0.69%/yr for AIPO.

Performance

HOOI vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income HOOD ETF (HOOI) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOI achieves a -10.33% return, which is significantly lower than AIPO's 52.03% return.

HOOI

• 1D: 0.00%
• 1M: 0.00%
• YTD: -10.33%
• 6M: -33.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -1.12%
• 1M: 6.63%
• YTD: 52.03%
• 6M: 45.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOI vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%
AIPO Defiance AI & Power Infrastructure ETF	52.03%	11.68%

Correlation

The correlation between HOOI and AIPO is 0.35, 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 Aug 20, 2025	0.35

Return for Risk

HOOI vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HOOD ETF (HOOI) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

Sharpe Ratios by Period

	HOOI	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	2.36	-2.70

Drawdowns

HOOI vs. AIPO - Drawdown Comparison

The maximum HOOI drawdown since its inception was -58.34%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for HOOI and AIPO.

Drawdown Indicators

	HOOI	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-58.34%	-17.31%	-41.03%
Current Drawdown Current decline from peak	-57.31%	-1.12%	-56.19%
Average Drawdown Average peak-to-trough decline	-39.57%	-4.38%	-35.19%

Volatility

Volatility by Period

	HOOI	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.80%	34.09%	+54.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.80%	34.09%	+54.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.80%	34.09%	+54.71%

HOOI vs. AIPO - Expense Ratio Comparison

HOOI has a 1.51% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

HOOI vs. AIPO - Dividend Comparison

HOOI's dividend yield for the trailing twelve months is around 52.10%, more than AIPO's 0.01% yield.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%

Frequently Asked Questions

Can I hold both HOOI and AIPO in my portfolio?

HOOI and AIPO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOI or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOI or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 1.51% for HOOI.

Which ETF pays a higher dividend yield, HOOI or AIPO?

HOOI has the higher dividend yield at 52.10%, compared with 0.01% for AIPO.

What is the main difference between HOOI and AIPO?

HOOI is categorized as Leveraged Equities, while AIPO is Technology Equities. Their fees differ too: 1.51% for HOOI and 0.69% for AIPO.