HOOW vs. XDIV

Last updated Jun 5, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and XDIV (Roundhill S&P 500 No Dividend Target ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while XDIV is a S&P 500 fund actively managed by Roundhill. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. HOOW charges 0.99%/yr vs 0.09%/yr for XDIV.

Performance

HOOW vs. XDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and Roundhill S&P 500 No Dividend Target ETF (XDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOW achieves a -28.56% return, which is significantly lower than XDIV's 11.08% return.

HOOW

• 1D: 8.37%
• 1M: 16.39%
• YTD: -28.56%
• 6M: -43.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XDIV

• 1D: 0.41%
• 1M: 4.81%
• YTD: 11.08%
• 6M: 11.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOW vs. XDIV - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-28.56%	11.46%
XDIV Roundhill S&P 500 No Dividend Target ETF	11.08%	9.90%

Correlation

The correlation between HOOW and XDIV 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 Jul 11, 2025	0.59

HOOW vs. XDIV - Sectors Allocation Comparison

Sectors	HOOW	XDIV
Financial Services	3.3%	11.9%
Basic Materials	-	1.8%
Communication Services	-	10.9%
Consumer Cyclical	-	10.1%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Healthcare	-	8.4%
Industrials	-	8.1%
Real Estate	-	1.9%
Technology	-	36.2%
Utilities	-	2.3%

Return for Risk

HOOW vs. XDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Roundhill S&P 500 No Dividend Target ETF (XDIV). 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	XDIV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	2.02	-1.96

Drawdowns

HOOW vs. XDIV - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than XDIV's maximum drawdown of -9.16%. Use the drawdown chart below to compare losses from any high point for HOOW and XDIV.

Drawdown Indicators

	HOOW	XDIV	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-9.16%	-56.58%
Current Drawdown Current decline from peak	-51.48%	-0.27%	-51.21%
Average Drawdown Average peak-to-trough decline	-29.22%	-1.19%	-28.03%

Volatility

Volatility by Period

	HOOW	XDIV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	84.11%	12.29%	+71.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.11%	12.29%	+71.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	84.11%	12.29%	+71.82%

HOOW vs. XDIV - Expense Ratio Comparison

HOOW has a 0.99% expense ratio, which is higher than XDIV's 0.09% expense ratio.

Dividends

HOOW vs. XDIV - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 151.24%, while XDIV has not paid dividends to shareholders.

Position	TTM	2025
HOOW Roundhill HOOD WeeklyPay ETF	151.24%	67.92%
XDIV Roundhill S&P 500 No Dividend Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both HOOW and XDIV in my portfolio?

HOOW and XDIV 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 XDIV?

On fees, XDIV is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOW or XDIV?

XDIV is cheaper with a 0.09% expense ratio, compared with 0.99% for HOOW.

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

HOOW has the higher dividend yield at 151.24%, compared with 0.00% for XDIV.

What is the main difference between HOOW and XDIV?

HOOW is categorized as Leveraged Equities, while XDIV is S&P 500. Their fees differ too: 0.99% for HOOW and 0.09% for XDIV.