HOOW vs. BCCC

Last updated Jun 4, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and BCCC (Global X Bitcoin Covered Call ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while BCCC is a Cryptocurrency fund actively managed by Global X. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. HOOW charges 0.99%/yr vs 0.75%/yr for BCCC.

Performance

HOOW vs. BCCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and Global X Bitcoin Covered Call ETF (BCCC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOW achieves a -34.08% return, which is significantly lower than BCCC's -21.49% return.

HOOW

• 1D: -7.51%
• 1M: 8.18%
• YTD: -34.08%
• 6M: -46.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCCC

• 1D: -2.78%
• 1M: -14.90%
• YTD: -21.49%
• 6M: -22.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOW vs. BCCC - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-34.08%	46.56%
BCCC Global X Bitcoin Covered Call ETF	-21.49%	-7.14%

Correlation

The correlation between HOOW and BCCC is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.59

Return for Risk

HOOW vs. BCCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Global X Bitcoin Covered Call ETF (BCCC). 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

	HOOW	BCCC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.78	+0.74

Drawdowns

HOOW vs. BCCC - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than BCCC's maximum drawdown of -41.62%. Use the drawdown chart below to compare losses from any high point for HOOW and BCCC.

Drawdown Indicators

	HOOW	BCCC	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-41.62%	-24.12%
Current Drawdown Current decline from peak	-55.23%	-37.25%	-17.98%
Average Drawdown Average peak-to-trough decline	-29.13%	-16.84%	-12.29%

Volatility

Volatility by Period

	HOOW	BCCC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.86%	35.07%	+48.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.86%	35.07%	+48.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.86%	35.07%	+48.79%

HOOW vs. BCCC - Expense Ratio Comparison

HOOW has a 0.99% expense ratio, which is higher than BCCC's 0.75% expense ratio.

Dividends

HOOW vs. BCCC - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 163.90%, more than BCCC's 62.51% yield.

Position	TTM	2025
BCCC Global X Bitcoin Covered Call ETF	62.51%	29.55%
HOOW Roundhill HOOD WeeklyPay ETF	163.90%	67.92%

Frequently Asked Questions

Can I hold both HOOW and BCCC in my portfolio?

HOOW and BCCC have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOW or BCCC?

On fees, BCCC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOW or BCCC?

BCCC is cheaper with a 0.75% expense ratio, compared with 0.99% for HOOW.

Which ETF pays a higher dividend yield, HOOW or BCCC?

HOOW has the higher dividend yield at 163.90%, compared with 62.51% for BCCC.

What is the main difference between HOOW and BCCC?

HOOW is categorized as Leveraged Equities, while BCCC is Cryptocurrency. They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.99% for HOOW and 0.75% for BCCC.