HOYY vs. HOOW

Last updated Jun 26, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and HOOW (Roundhill HOOD WeeklyPay ETF) are both exchange-traded funds - HOYY is a Derivative Income fund actively managed by GraniteShares, while HOOW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. HOYY charges 1.07%/yr vs 0.99%/yr for HOOW.

Performance

HOYY vs. HOOW - Performance Comparison

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

Returns By Period

In the year-to-date period, HOYY achieves a -30.31% return, which is significantly lower than HOOW's -24.30% return.

HOYY

• 1D: -1.12%
• 1M: 0.68%
• YTD: -30.31%
• 6M: -35.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOW

• 1D: -4.62%
• 1M: 29.89%
• YTD: -24.30%
• 6M: -29.79%
• 1Y: 4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOYY vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-30.31%	-23.57%
HOOW Roundhill HOOD WeeklyPay ETF	-24.30%	-22.98%

Correlation

The correlation between HOYY and HOOW is 0.89, 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 Sep 30, 2025	0.89

Return for Risk

HOYY vs. HOOW — Risk / Return Rank

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

HOYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HOOW

HOOW Risk / Return Rank: 12
HOOW Sharpe Ratio Rank: 10
HOOW Sortino Ratio Rank: 15
HOOW Omega Ratio Rank: 14
HOOW Calmar Ratio Rank: 10
HOOW Martin Ratio Rank: 10

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. HOOW - Risk-Adjusted Trends Comparison

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

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.

	HOYY	HOOW	Difference
Sharpe ratio: Return per unit of total volatility	—	0.05	—
Sortino ratio: Return per unit of downside risk	—	0.70	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.06	—
Martin ratio: Return relative to average drawdown	—	0.11	—

Drawdowns

HOYY vs. HOOW - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.54%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for HOYY and HOOW.

Drawdown Indicators

	HOYY	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-65.74%	+14.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-65.74%	—
Current Drawdown Current decline from peak	-50.08%	-48.59%	-1.49%
Average Drawdown Average peak-to-trough decline	-33.69%	-30.10%	-3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.29%	—

Volatility

Volatility by Period

	HOYY	HOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	30.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	62.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	35.77%	84.31%	-48.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.77%	84.25%	-48.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.77%	84.25%	-48.48%

HOYY vs. HOOW - Expense Ratio Comparison

HOYY has a 1.07% expense ratio, which is higher than HOOW's 0.99% expense ratio.

Dividends

HOYY vs. HOOW - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 202.36%, more than HOOW's 153.62% yield.

Position	TTM	2025
HOOW Roundhill HOOD WeeklyPay ETF	153.62%	67.92%
HOYY GraniteShares YieldBOOST HOOD ETF	202.36%	50.51%

Frequently Asked Questions

Can I hold both HOYY and HOOW in my portfolio?

HOYY and HOOW have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOYY or HOOW?

On fees, HOOW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOYY or HOOW?

HOOW is cheaper with a 0.99% expense ratio, compared with 1.07% for HOYY.

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

HOYY has the higher dividend yield at 202.36%, compared with 153.62% for HOOW.

What is the main difference between HOYY and HOOW?

HOYY is categorized as Derivative Income, while HOOW is Leveraged Equities. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.07% for HOYY and 0.99% for HOOW.