HOOY vs. HOYY

Last updated Apr 3, 2026

Compare and contrast key facts about YieldMax HOOD Option Income Strategy ETF (HOOY) and GraniteShares YieldBOOST HOOD ETF (HOYY).

HOOY and HOYY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025. HOYY is an actively managed fund by GraniteShares. It was launched on Sep 29, 2025.

Performance

HOOY vs. HOYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax HOOD Option Income Strategy ETF (HOOY) and GraniteShares YieldBOOST HOOD ETF (HOYY). The values are adjusted to include any dividend payments, if applicable.

HOOY vs. HOYY - Yearly Performance Comparison

	2026 (YTD)	2025
HOOY YieldMax HOOD Option Income Strategy ETF	-31.19%	-20.57%
HOYY GraniteShares YieldBOOST HOOD ETF	-30.77%	-24.36%

Returns By Period

The year-to-date returns for both investments are quite close, with HOOY having a -31.19% return and HOYY slightly higher at -30.77%.

HOOY

• 1D: -0.93%
• 1M: -3.82%
• YTD: -31.19%
• 6M: -46.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOYY

• 1D: 0.01%
• 1M: -12.02%
• YTD: -30.77%
• 6M: -47.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOY vs. HOYY - Expense Ratio Comparison

HOOY has a 0.99% expense ratio, which is lower than HOYY's 1.07% expense ratio.

HOYY

GraniteShares YieldBOOST HOOD ETF

HOOY

YieldMax HOOD Option Income Strategy ETF

Return for Risk

HOOY vs. HOYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax HOOD Option Income Strategy ETF (HOOY) and GraniteShares YieldBOOST HOOD ETF (HOYY). 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

	HOOY	HOYY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	-1.77	+2.05

Correlation

The correlation between HOOY and HOYY is 0.92, 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

HOOY vs. HOYY - Dividend Comparison

HOOY's dividend yield for the trailing twelve months is around 163.64%, more than HOYY's 148.36% yield.

	TTM	2025
HOOY YieldMax HOOD Option Income Strategy ETF	163.64%	82.87%
HOYY GraniteShares YieldBOOST HOOD ETF	148.36%	50.51%

Drawdowns

HOOY vs. HOYY - Drawdown Comparison

The maximum HOOY drawdown since its inception was -51.54%, roughly equal to the maximum HOYY drawdown of -51.54%. Use the drawdown chart below to compare losses from any high point for HOOY and HOYY.

Drawdown Indicators

	HOOY	HOYY	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-51.54%	0.00%
Current Drawdown Current decline from peak	-48.73%	-50.41%	+1.68%
Average Drawdown Average peak-to-trough decline	-16.05%	-26.82%	+10.77%

Volatility

Volatility by Period

	HOOY	HOYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.19%	41.25%	+11.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.19%	41.25%	+11.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.19%	41.25%	+11.94%