HOYY vs. NVII

Last updated Jun 4, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and NVII (REX NVDA Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. HOYY charges 1.07%/yr vs 0.99%/yr for NVII.

Performance

HOYY vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HOOD ETF (HOYY) and REX NVDA Growth & Income ETF (NVII). 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 NVII's 15.50% return.

HOYY

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

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOYY vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-29.50%	-24.36%
NVII REX NVDA Growth & Income ETF	15.50%	-0.24%

Correlation

The correlation between HOYY and NVII is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.49

Return for Risk

HOYY vs. NVII — Risk / Return Rank

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

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

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. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) and REX NVDA Growth & Income ETF (NVII). 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	NVII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.65	2.04	-3.68

Drawdowns

HOYY vs. NVII - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.54%, which is greater than NVII's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for HOYY and NVII.

Drawdown Indicators

	HOYY	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-18.47%	-33.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.47%	—
Current Drawdown Current decline from peak	-49.50%	-8.54%	-40.96%
Average Drawdown Average peak-to-trough decline	-32.56%	-5.50%	-27.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.24%	—

Volatility

Volatility by Period

	HOYY	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.03%	34.40%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.03%	34.54%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.03%	34.54%	+2.49%

HOYY vs. NVII - Expense Ratio Comparison

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

Dividends

HOYY vs. NVII - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 187.33%, more than NVII's 51.55% yield.

Position	TTM	2025
HOYY GraniteShares YieldBOOST HOOD ETF	187.33%	50.51%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%

Frequently Asked Questions

Can I hold both HOYY and NVII in my portfolio?

HOYY and NVII have a correlation of 0.49, 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 NVII?

On fees, NVII 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 NVII?

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

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

HOYY has the higher dividend yield at 187.33%, compared with 51.55% for NVII.

What is the main difference between HOYY and NVII?

They also come from different issuers: GraniteShares and REX. Their fees differ too: 1.07% for HOYY and 0.99% for NVII.