HOOI vs. BRKW

Last updated Jun 4, 2026

HOOI (Defiance Leveraged Long + Income HOOD ETF) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - HOOI is a Leveraged Equities fund actively managed by Defiance, while BRKW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a correlation of -0.02, they often move in opposite directions. HOOI charges 1.51%/yr vs 0.99%/yr for BRKW.

Performance

HOOI vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income HOOD ETF (HOOI) and Roundhill BRKB WeeklyPay ETF (BRKW). 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 BRKW's -7.76% return.

HOOI

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

BRKW

• 1D: 0.91%
• 1M: 1.58%
• YTD: -7.76%
• 6M: -8.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOI vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%
BRKW Roundhill BRKB WeeklyPay ETF	-7.76%	2.78%

Correlation

The correlation between HOOI and BRKW is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	-0.02

Return for Risk

HOOI vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HOOD ETF (HOOI) and Roundhill BRKB WeeklyPay ETF (BRKW). 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	BRKW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	-0.36	+0.01

Drawdowns

HOOI vs. BRKW - Drawdown Comparison

The maximum HOOI drawdown since its inception was -58.34%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for HOOI and BRKW.

Drawdown Indicators

	HOOI	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-58.34%	-12.64%	-45.70%
Current Drawdown Current decline from peak	-57.31%	-10.70%	-46.61%
Average Drawdown Average peak-to-trough decline	-39.57%	-5.34%	-34.23%

Volatility

Volatility by Period

	HOOI	BRKW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.80%	17.23%	+71.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.80%	17.23%	+71.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.80%	17.23%	+71.57%

HOOI vs. BRKW - Expense Ratio Comparison

HOOI has a 1.51% expense ratio, which is higher than BRKW's 0.99% expense ratio.

Dividends

HOOI vs. BRKW - Dividend Comparison

HOOI's dividend yield for the trailing twelve months is around 52.10%, more than BRKW's 25.19% yield.

Position	TTM	2025
BRKW Roundhill BRKB WeeklyPay ETF	25.19%	14.45%
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%

Frequently Asked Questions

Can I hold both HOOI and BRKW in my portfolio?

HOOI and BRKW have a correlation of -0.02, 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 BRKW?

On fees, BRKW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOI or BRKW?

BRKW is cheaper with a 0.99% expense ratio, compared with 1.51% for HOOI.

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

HOOI has the higher dividend yield at 52.10%, compared with 25.19% for BRKW.

What is the main difference between HOOI and BRKW?

HOOI is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: Defiance and Roundhill. Their fees differ too: 1.51% for HOOI and 0.99% for BRKW.