HOOI vs. TSYX

Last updated Jun 4, 2026

HOOI (Defiance Leveraged Long + Income HOOD ETF) and TSYX (TSPY Lift ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. HOOI charges 1.51%/yr vs 0.98%/yr for TSYX.

Performance

HOOI vs. TSYX - Performance Comparison

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

Returns By Period

HOOI

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

TSYX

• 1D: -0.16%
• 1M: 6.87%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOI vs. TSYX - Yearly Performance Comparison

	2026 (YTD)
HOOI Defiance Leveraged Long + Income HOOD ETF	-14.78%
TSYX TSPY Lift ETF	8.70%

Correlation

The correlation between HOOI and TSYX is 0.04, 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 Jan 8, 2026	0.04

Return for Risk

HOOI vs. TSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HOOD ETF (HOOI) and TSPY Lift ETF (TSYX). 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	TSYX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	1.28	-1.62

Drawdowns

HOOI vs. TSYX - Drawdown Comparison

The maximum HOOI drawdown since its inception was -58.34%, which is greater than TSYX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for HOOI and TSYX.

Drawdown Indicators

	HOOI	TSYX	Difference
Max Drawdown Largest peak-to-trough decline	-58.34%	-13.39%	-44.95%
Current Drawdown Current decline from peak	-57.31%	-0.16%	-57.15%
Average Drawdown Average peak-to-trough decline	-39.57%	-2.97%	-36.60%

Volatility

Volatility by Period

	HOOI	TSYX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.80%	18.21%	+70.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.80%	18.21%	+70.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.80%	18.21%	+70.59%

HOOI vs. TSYX - Expense Ratio Comparison

HOOI has a 1.51% expense ratio, which is higher than TSYX's 0.98% expense ratio.

Dividends

HOOI vs. TSYX - Dividend Comparison

HOOI's dividend yield for the trailing twelve months is around 52.10%, more than TSYX's 6.17% yield.

Position	TTM	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%
TSYX TSPY Lift ETF	6.17%	0.00%

Frequently Asked Questions

Can I hold both HOOI and TSYX in my portfolio?

HOOI and TSYX have a correlation of 0.04, 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 TSYX?

On fees, TSYX is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOI or TSYX?

TSYX is cheaper with a 0.98% expense ratio, compared with 1.51% for HOOI.

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

HOOI has the higher dividend yield at 52.10%, compared with 6.17% for TSYX.

What is the main difference between HOOI and TSYX?

They also come from different issuers: Defiance and TappAlpha. Their fees differ too: 1.51% for HOOI and 0.98% for TSYX.