HOOW vs. HOOI

Last updated Apr 2, 2026

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

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

Performance

HOOW vs. HOOI - Performance Comparison

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

HOOW vs. HOOI - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-44.41%	1.71%
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%

Returns By Period

In the year-to-date period, HOOW achieves a -44.41% return, which is significantly lower than HOOI's -10.33% return.

HOOW

• 1D: 1.52%
• 1M: -13.07%
• YTD: -44.41%
• 6M: -58.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOI

• 1D: 0.00%
• 1M: 0.00%
• YTD: -10.33%
• 6M: -49.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOW vs. HOOI - Expense Ratio Comparison

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

HOOI

Defiance Leveraged Long + Income HOOD ETF

HOOW

Roundhill HOOD WeeklyPay ETF

Return for Risk

HOOW vs. HOOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Defiance Leveraged Long + Income HOOD ETF (HOOI). 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	HOOI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	-0.37	+0.09

Correlation

The correlation between HOOW and HOOI is 0.75, 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

HOOW vs. HOOI - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 163.81%, more than HOOI's 52.10% yield.

	TTM	2025
HOOW Roundhill HOOD WeeklyPay ETF	163.81%	67.92%
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%

Drawdowns

HOOW vs. HOOI - Drawdown Comparison

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

Drawdown Indicators

	HOOW	HOOI	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-58.34%	-7.40%
Current Drawdown Current decline from peak	-62.25%	-57.31%	-4.94%
Average Drawdown Average peak-to-trough decline	-23.06%	-34.40%	+11.34%

Volatility

Volatility by Period

	HOOW	HOOI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	82.31%	101.01%	-18.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.31%	101.01%	-18.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.31%	101.01%	-18.70%