HOOW vs. NVDW
HOOW (Roundhill HOOD WeeklyPay ETF) and NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while NVDW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
HOOW vs. NVDW - Performance Comparison
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Returns By Period
In the year-to-date period, HOOW achieves a -34.08% return, which is significantly lower than NVDW's 15.96% return.
HOOW
- 1D
- -7.51%
- 1M
- 8.18%
- YTD
- -34.08%
- 6M
- -46.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDW
- 1D
- -4.20%
- 1M
- 9.65%
- YTD
- 15.96%
- 6M
- 20.80%
- 1Y
- 56.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOW vs. NVDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOW Roundhill HOOD WeeklyPay ETF | -34.08% | 46.56% |
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 15.96% | 31.21% |
Correlation
The correlation between HOOW and NVDW is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025 | 0.49 |
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Return for Risk
HOOW vs. NVDW — Risk / Return Rank
HOOW
NVDW
HOOW vs. NVDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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.
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Sharpe Ratios by Period
| HOOW | NVDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 1.52 | -1.56 |
Drawdowns
HOOW vs. NVDW - Drawdown Comparison
The maximum HOOW drawdown since its inception was -65.74%, which is greater than NVDW's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for HOOW and NVDW.
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Drawdown Indicators
| HOOW | NVDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.74% | -25.54% | -40.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.54% | — |
Current DrawdownCurrent decline from peak | -55.23% | -10.65% | -44.58% |
Average DrawdownAverage peak-to-trough decline | -29.13% | -8.19% | -20.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.49% | — |
Volatility
HOOW vs. NVDW - Volatility Comparison
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Volatility by Period
| HOOW | NVDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.04% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 30.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 83.86% | 41.15% | +42.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.86% | 41.15% | +42.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.86% | 41.15% | +42.71% |
HOOW vs. NVDW - Expense Ratio Comparison
Both HOOW and NVDW have an expense ratio of 0.99%.
Dividends
HOOW vs. NVDW - Dividend Comparison
HOOW's dividend yield for the trailing twelve months is around 163.90%, more than NVDW's 58.16% yield.
| Position | TTM | 2025 |
|---|---|---|
HOOW Roundhill HOOD WeeklyPay ETF | 163.90% | 67.92% |
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 58.16% | 38.94% |
Frequently Asked Questions
HOOW and NVDW have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
HOOW and NVDW have the same expense ratio: 0.99% per year.
HOOW has the higher dividend yield at 163.90%, compared with 58.16% for NVDW.
HOOW is categorized as Leveraged Equities, while NVDW is Derivative Income.
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