HOOW vs. XOMO

Last updated Aug 4, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - HOOW is a Leveraged Equities fund actively managed by Roundhill, while XOMO is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, HOOW returned -20.32% vs 29.81% for XOMO. Their -0.24 correlation means they have often moved in opposite directions in the past. HOOW charges 0.99%/yr vs 1.01%/yr for XOMO.

Performance

HOOW vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOW achieves a -28.14% return, which is significantly lower than XOMO's 20.15% return.

HOOW

• 1D: 5.18%
• 1M: -24.05%
• 6M: -4.87%
• YTD: -28.14%
• 1Y: -20.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.54%

XOMO

• 1D: -0.09%
• 1M: 10.85%
• 6M: 7.87%
• YTD: 20.15%
• 1Y: 29.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOOW Roundhill HOOD WeeklyPay ETF	$4.59M	$5.25M	$5.35M
XOMO YieldMax XOM Option Income Strategy ETF	$559.24K	$694.66K	$715.05K

HOOW vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-28.14%	52.60%
XOMO YieldMax XOM Option Income Strategy ETF	20.15%	4.34%

Correlation

The correlation between HOOW and XOMO is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.25
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	-0.24

Return for Risk

HOOW vs. XOMO — Risk / Return Rank

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

HOOW

HOOW Risk / Return Rank: 9
HOOW Sharpe Ratio Rank: 8
HOOW Sortino Ratio Rank: 12
HOOW Omega Ratio Rank: 12
HOOW Calmar Ratio Rank: 7
HOOW Martin Ratio Rank: 8

XOMO

XOMO Risk / Return Rank: 52
XOMO Sharpe Ratio Rank: 59
XOMO Sortino Ratio Rank: 55
XOMO Omega Ratio Rank: 57
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 40

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. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and YieldMax XOM Option Income Strategy ETF (XOMO). 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	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	1.45	-1.69
Sortino ratio: Return per unit of downside risk	0.23	1.96	-1.74
Omega ratio: Gain probability vs. loss probability	1.03	1.26	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.31	1.74	-2.05
Martin ratio: Return relative to average drawdown	-0.50	4.35	-4.85

HOOW vs. XOMO - Sharpe Ratio Comparison

The current HOOW Sharpe Ratio is -0.24, which is lower than the XOMO Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of HOOW and XOMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HOOW vs. XOMO - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for HOOW and XOMO.

Drawdown Indicators

	HOOW	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-18.90%	-46.84%
Max Drawdown (1Y) Largest decline over 1 year	-65.74%	-17.25%	-48.49%
Current Drawdown Current decline from peak	-51.20%	-7.65%	-43.55%
Average Drawdown Average peak-to-trough decline	-31.22%	-7.50%	-23.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.64%	6.89%	+33.75%

Volatility

HOOW vs. XOMO - Volatility Comparison

Roundhill HOOD WeeklyPay ETF (HOOW) has a higher volatility of 21.30% compared to YieldMax XOM Option Income Strategy ETF (XOMO) at 6.21%. This indicates that HOOW's price experiences larger fluctuations and is considered to be riskier than XOMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOW	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.30%	6.21%	+15.09%
Volatility (6M) Calculated over the trailing 6-month period	65.66%	17.24%	+48.42%
Volatility (1Y) Calculated over the trailing 1-year period	85.14%	20.67%	+64.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.73%	19.19%	+64.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.73%	19.19%	+64.54%

HOOW vs. XOMO - Expense Ratio Comparison

HOOW has a 0.99% expense ratio, which is lower than XOMO's 1.01% expense ratio.

Dividends

HOOW vs. XOMO - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 162.58%, more than XOMO's 37.07% yield.

Position	TTM	2025	2024	2023
HOOW Roundhill HOOD WeeklyPay ETF	162.58%	67.92%	0.00%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	37.07%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both HOOW and XOMO in my portfolio?

HOOW and XOMO have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOOW or XOMO?

HOOW has higher volatility (21.30%) compared to XOMO (6.21%). In terms of maximum drawdown, HOOW dropped -65.74% vs XOMO's -18.90%.

Which ETF is better, HOOW or XOMO?

On 1-year performance, XOMO leads with 29.81% vs -20.32% for HOOW. On fees, HOOW is cheaper at 0.99% per year. On volatility, XOMO has been the lower-risk option at 6.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOOW or XOMO?

Over the 1-year period, XOMO has performed better with a 29.81% return vs -20.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HOOW or XOMO?

HOOW is cheaper with a 0.99% expense ratio, compared with 1.01% for XOMO.

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

HOOW has the higher dividend yield at 162.58%, compared with 37.07% for XOMO.

What is the main difference between HOOW and XOMO?

HOOW is categorized as Leveraged Equities, while XOMO is Derivative Income. They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.99% for HOOW and 1.01% for XOMO.

Which has better risk-adjusted returns?

XOMO currently has the higher Sharpe Ratio (1.45 vs -0.24), 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.