HOOW vs. HOOD
HOOW (Roundhill HOOD WeeklyPay ETF) is Leveraged Equities fund actively managed by Roundhill, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, HOOW returned 28.60% vs 34.66% for HOOD. With a 1.00 correlation, they move nearly in lockstep.
Performance
HOOW vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, HOOW achieves a -12.12% return, which is significantly lower than HOOD's -6.53% return.
HOOW
- 1D
- -2.88%
- 1M
- 51.66%
- YTD
- -12.12%
- 6M
- -20.28%
- 1Y
- 28.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- -2.26%
- 1M
- 43.55%
- YTD
- -6.53%
- 6M
- -13.61%
- 1Y
- 34.66%
- 3Y*
- 123.33%
- 5Y*
- —
- 10Y*
- —
HOOW vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOW Roundhill HOOD WeeklyPay ETF | -12.12% | 52.60% |
HOOD Robinhood Markets, Inc. | -6.53% | 50.90% |
Correlation
The correlation between HOOW and HOOD is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 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
HOOW
HOOD
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.
| HOOW | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 0.61 | -0.17 |
| Martin ratioReturn relative to average drawdown | 0.76 | 1.09 | -0.33 |
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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
| HOOW | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest 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% | — |
Current DrawdownCurrent decline from peak | -40.32% | -30.66% | -9.66% |
Average DrawdownAverage peak-to-trough decline | -29.91% | -60.74% | +30.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.96% | 32.02% | +5.94% |
Volatility
HOOW vs. HOOD - Volatility Comparison
Roundhill HOOD WeeklyPay ETF (HOOW) has a higher volatility of 28.31% compared to Robinhood Markets, Inc. (HOOD) at 23.34%. 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
| HOOW | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.31% | 23.34% | +4.97% |
Volatility (6M)Calculated over the trailing 6-month period | 62.18% | 50.73% | +11.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.49% | 69.85% | +14.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.24% | 74.07% | +10.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.24% | 74.07% | +10.17% |
Dividends
HOOW vs. HOOD - Dividend Comparison
HOOW's dividend yield for the trailing twelve months is around 132.32%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% |
HOOW Roundhill HOOD WeeklyPay ETF | 132.32% | 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 (28.31%) compared to HOOD (23.34%). In terms of maximum drawdown, HOOW dropped -65.74% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.50 vs 0.34), 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.
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