HOYY vs. HOOD

Last updated Jun 4, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) is Derivative Income fund actively managed by GraniteShares, while HOOD (Robinhood Markets, Inc.) is a stock. Their correlation of 0.90 suggests significant overlap in exposure.

Performance

HOYY vs. HOOD - Performance Comparison

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

Returns By Period

In the year-to-date period, HOYY achieves a -29.50% return, which is significantly lower than HOOD's -26.75% return.

HOYY

• 1D: -0.42%
• 1M: 0.36%
• YTD: -29.50%
• 6M: -37.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOD

• 1D: -6.02%
• 1M: 8.23%
• YTD: -26.75%
• 6M: -38.01%
• 1Y: 15.52%
• 3Y*: 107.01%
• 5Y*: —
• 10Y*: —

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

HOYY vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-29.50%	-24.36%
HOOD Robinhood Markets, Inc.	-26.75%	-21.01%

Correlation

The correlation between HOYY and HOOD is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.90

Return for Risk

HOYY vs. HOOD — Risk / Return Rank

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

HOOD

HOOD Risk / Return Rank: 47
HOOD Sharpe Ratio Rank: 48
HOOD Sortino Ratio Rank: 49
HOOD Omega Ratio Rank: 47
HOOD Calmar Ratio Rank: 47
HOOD Martin Ratio Rank: 46

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.

HOYY vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) and Robinhood Markets, Inc. (HOOD). 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

	HOYY	HOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.65	0.27	-1.91

Drawdowns

HOYY vs. HOOD - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.54%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for HOYY and HOOD.

Drawdown Indicators

	HOYY	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-90.21%	+38.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-57.26%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-57.26%	—
Current Drawdown Current decline from peak	-49.50%	-45.66%	-3.84%
Average Drawdown Average peak-to-trough decline	-32.56%	-60.99%	+28.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.88%	—

Volatility

Volatility by Period

	HOYY	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.03%	68.61%	-31.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.03%	73.99%	-36.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.03%	73.99%	-36.96%

Dividends

HOYY vs. HOOD - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 187.33%, while HOOD has not paid dividends to shareholders.

Position	TTM	2025
HOOD Robinhood Markets, Inc.	0.00%	0.00%
HOYY GraniteShares YieldBOOST HOOD ETF	187.33%	50.51%

Frequently Asked Questions

Can I hold both HOYY and HOOD in my portfolio?

HOYY and HOOD have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.