HOOX vs. HOOW

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2X Long HOOD ETF (HOOX) and Roundhill HOOD WeeklyPay ETF (HOOW).

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

Performance

HOOX vs. HOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long HOOD ETF (HOOX) and Roundhill HOOD WeeklyPay ETF (HOOW). The values are adjusted to include any dividend payments, if applicable.

HOOX vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
HOOX Defiance Daily Target 2X Long HOOD ETF	-68.67%	48.86%
HOOW Roundhill HOOD WeeklyPay ETF	-45.24%	46.56%

Returns By Period

In the year-to-date period, HOOX achieves a -68.67% return, which is significantly lower than HOOW's -45.24% return.

HOOX

• 1D: 12.56%
• 1M: -20.41%
• YTD: -68.67%
• 6M: -83.71%
• 1Y: 39.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOW

• 1D: 8.54%
• 1M: -10.44%
• YTD: -45.24%
• 6M: -59.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOX vs. HOOW - Expense Ratio Comparison

HOOX has a 1.31% expense ratio, which is higher than HOOW's 0.99% expense ratio.

HOOX

Defiance Daily Target 2X Long HOOD ETF

HOOW

Roundhill HOOD WeeklyPay ETF

Return for Risk

HOOX vs. HOOW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOOX

HOOX Risk / Return Rank: 32
HOOX Sharpe Ratio Rank: 20
HOOX Sortino Ratio Rank: 57
HOOX Omega Ratio Rank: 46
HOOX Calmar Ratio Rank: 22
HOOX Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOOX vs. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HOOD ETF (HOOX) and Roundhill HOOD WeeklyPay ETF (HOOW). 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.

	HOOX	HOOW	Difference
Sharpe ratio Return per unit of total volatility	0.28	—	—
Sortino ratio Return per unit of downside risk	1.46	—	—
Omega ratio Gain probability vs. loss probability	1.17	—	—
Calmar ratio Return relative to maximum drawdown	0.43	—	—
Martin ratio Return relative to average drawdown	0.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HOOX	HOOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.30	+0.50

Correlation

The correlation between HOOX and HOOW is 1.00, 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

HOOX vs. HOOW - Dividend Comparison

HOOX's dividend yield for the trailing twelve months is around 45.07%, less than HOOW's 166.30% yield.

	TTM	2025
HOOX Defiance Daily Target 2X Long HOOD ETF	45.07%	14.12%
HOOW Roundhill HOOD WeeklyPay ETF	166.30%	67.92%

Drawdowns

HOOX vs. HOOW - Drawdown Comparison

The maximum HOOX drawdown since its inception was -87.11%, which is greater than HOOW's maximum drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for HOOX and HOOW.

Drawdown Indicators

	HOOX	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-87.11%	-65.74%	-21.37%
Max Drawdown (1Y) Largest decline over 1 year	-87.11%	—	—
Current Drawdown Current decline from peak	-85.50%	-62.81%	-22.69%
Average Drawdown Average peak-to-trough decline	-29.86%	-22.86%	-7.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.19%	—	—

Volatility

Volatility by Period

	HOOX	HOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	101.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	142.52%	82.50%	+60.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.81%	82.50%	+60.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	142.81%	82.50%	+60.31%