HOOI vs. HOOW

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Leveraged Long + Income HOOD ETF (HOOI) and Roundhill HOOD WeeklyPay ETF (HOOW).

HOOI and HOOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOI is an actively managed fund by Defiance. It was launched on Aug 18, 2025. HOOW is an actively managed fund by Roundhill. It was launched on Jun 18, 2025.

Performance

HOOI vs. HOOW - Performance Comparison

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

HOOI vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%
HOOW Roundhill HOOD WeeklyPay ETF	-45.24%	1.71%

Returns By Period

In the year-to-date period, HOOI achieves a -10.33% return, which is significantly higher than HOOW's -45.24% return.

HOOI

• 1D: 0.00%
• 1M: 0.00%
• YTD: -10.33%
• 6M: -51.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOW

• 1D: 8.54%
• 1M: -10.44%
• YTD: -45.24%
• 6M: -59.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOI vs. HOOW - Expense Ratio Comparison

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

HOOI

Defiance Leveraged Long + Income HOOD ETF

HOOW

Roundhill HOOD WeeklyPay ETF

Return for Risk

HOOI vs. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HOOD ETF (HOOI) and Roundhill HOOD WeeklyPay ETF (HOOW). 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	HOOW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.37	-0.30	-0.07

Correlation

The correlation between HOOI and HOOW is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HOOI vs. HOOW - Dividend Comparison

HOOI's dividend yield for the trailing twelve months is around 52.10%, less than HOOW's 166.30% yield.

	TTM	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%
HOOW Roundhill HOOD WeeklyPay ETF	166.30%	67.92%

Drawdowns

HOOI vs. HOOW - Drawdown Comparison

The maximum HOOI drawdown since its inception was -58.34%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for HOOI and HOOW.

Drawdown Indicators

	HOOI	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-58.34%	-65.74%	+7.40%
Current Drawdown Current decline from peak	-57.31%	-62.81%	+5.50%
Average Drawdown Average peak-to-trough decline	-34.24%	-22.86%	-11.38%

Volatility

Volatility by Period

	HOOI	HOOW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	101.36%	82.50%	+18.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.36%	82.50%	+18.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.36%	82.50%	+18.86%