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HOOW vs. HOOD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HOOW vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and Robinhood Markets, Inc. (HOOD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HOOW achieves a -31.68% return, which is significantly lower than HOOD's -23.47% return.


HOOW

1D
0.00%
1M
-27.79%
6M
-20.03%
YTD
-31.68%
1Y
-24.25%
3Y*
5Y*
10Y*
ALL TIME*
3.81%

HOOD

1D
-0.05%
1M
-23.21%
6M
-12.99%
YTD
-23.47%
1Y
-13.35%
3Y*
88.76%
5Y*
19.75%
10Y*
ALL TIME*
17.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$1.93B$2.33B$2.54B
$4.69M$5.55M$5.41M

HOOW vs. HOOD - Yearly Performance Comparison


2026 (YTD)2025
HOOW
Roundhill HOOD WeeklyPay ETF
-31.68%52.60%
HOOD
Robinhood Markets, Inc.
-23.47%50.90%

Correlation

The correlation between HOOW and HOOD is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

1.00

Correlation (All Time)
Calculated using the full available price history since Jun 18, 2025

1.00

The correlation between HOOW and HOOD has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

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Return for Risk

HOOW vs. HOOD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HOOW
HOOW Risk / Return Rank: 88
Overall Rank
HOOW Sharpe Ratio Rank: 77
Sharpe Ratio Rank
HOOW Sortino Ratio Rank: 1010
Sortino Ratio Rank
HOOW Omega Ratio Rank: 1010
Omega Ratio Rank
HOOW Calmar Ratio Rank: 66
Calmar Ratio Rank
HOOW Martin Ratio Rank: 66
Martin Ratio Rank

HOOD
HOOD Risk / Return Rank: 3636
Overall Rank
HOOD Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
HOOD Sortino Ratio Rank: 3737
Sortino Ratio Rank
HOOD Omega Ratio Rank: 3636
Omega Ratio Rank
HOOD Calmar Ratio Rank: 3535
Calmar Ratio Rank
HOOD Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HOOW vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Robinhood Markets, Inc. (HOOD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HOOWHOODDifference
Sharpe ratioReturn per unit of total volatility

-0.09

Sortino ratioReturn per unit of downside risk

-0.08

Omega ratioGain probability vs. loss probability

1.01

1.02

-0.01

Calmar ratioReturn relative to maximum drawdown

-0.42

-0.28

-0.14

Martin ratioReturn relative to average drawdown

-0.68

-0.47

-0.20

HOOW vs. HOOD - Sharpe Ratio Comparison

The current HOOW Sharpe Ratio is -0.32, which is lower than the HOOD Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of HOOW and HOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HOOW vs. HOOD - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for HOOW and HOOD.


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Drawdown Indicators


HOOWHOODDifference

Max Drawdown

Largest peak-to-trough decline

-65.74%

-90.21%

+24.47%

Max Drawdown (1Y)

Largest decline over 1 year

-65.74%

-57.26%

-8.48%

Max Drawdown (3Y)

Largest decline over 3 years

-57.26%

Max Drawdown (5Y)

Largest decline over 5 years

-90.21%

Current Drawdown

Current decline from peak

-53.60%

-43.22%

-10.38%

Average Drawdown

Average peak-to-trough decline

-31.15%

-60.10%

+28.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

40.51%

33.81%

+6.70%

Volatility

HOOW vs. HOOD - Volatility Comparison

Roundhill HOOD WeeklyPay ETF (HOOW) has a higher volatility of 21.12% compared to Robinhood Markets, Inc. (HOOD) at 17.67%. This indicates that HOOW's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HOOWHOODDifference

Volatility (1M)

Calculated over the trailing 1-month period

21.12%

17.67%

+3.45%

Volatility (6M)

Calculated over the trailing 6-month period

65.47%

53.55%

+11.92%

Volatility (1Y)

Calculated over the trailing 1-year period

84.98%

70.22%

+14.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

83.74%

73.87%

+9.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

83.74%

73.91%

+9.83%

Dividends

HOOW vs. HOOD - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 167.55%, while HOOD has not paid dividends to shareholders.


PositionTTM2025
HOOD
Robinhood Markets, Inc.
0.00%0.00%
HOOW
Roundhill HOOD WeeklyPay ETF
167.55%67.92%

Frequently Asked Questions


With a correlation of 1.00, HOOW and HOOD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

HOOW has higher volatility (21.12%) compared to HOOD (17.67%). In terms of maximum drawdown, HOOW dropped -65.74% vs HOOD's -90.21%.

HOOD currently has the higher Sharpe Ratio (-0.23 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for HOOW and HOOD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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