HOYY vs. RBIL

Last updated Aug 5, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - HOYY is a Derivative Income fund actively managed by GraniteShares, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. HOYY is actively managed, while RBIL is passively managed. Their -0.18 correlation means they have often moved in opposite directions in the past. HOYY charges 1.07%/yr vs 0.17%/yr for RBIL.

Performance

HOYY vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HOOD ETF (HOYY) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOYY achieves a -31.03% return, which is significantly lower than RBIL's 2.61% return.

HOYY

• 1D: 0.86%
• 1M: -4.16%
• 6M: -19.22%
• YTD: -31.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RBIL

• 1D: -0.03%
• 1M: 0.18%
• 6M: 2.25%
• YTD: 2.61%
• 1Y: 3.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOYY GraniteShares YieldBOOST HOOD ETF	$112.29K	$103.91K	$156.72K
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	$1.19M	$1.87M	$2.26M

HOYY vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-31.03%	-23.57%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.61%	0.55%

Correlation

The correlation between HOYY and RBIL is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	-0.18

Return for Risk

HOYY vs. RBIL — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 98
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HOYY vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	—	3.98	—
Sortino ratio: Return per unit of downside risk	—	6.13	—
Omega ratio: Gain probability vs. loss probability	—	2.00	—
Calmar ratio: Return relative to maximum drawdown	—	6.80	—
Martin ratio: Return relative to average drawdown	—	27.52	—

Drawdowns

HOYY vs. RBIL - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.67%, which is greater than RBIL's maximum drawdown of -0.56%. Use the drawdown chart below to compare losses from any high point for HOYY and RBIL.

Drawdown Indicators

	HOYY	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-51.67%	-0.56%	-51.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.56%	—
Current Drawdown Current decline from peak	-50.60%	-0.22%	-50.38%
Average Drawdown Average peak-to-trough decline	-35.68%	-0.08%	-35.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.14%	—

Volatility

Volatility by Period

	HOYY	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	33.94%	0.96%	+32.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.94%	1.06%	+32.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.94%	1.06%	+32.88%

HOYY vs. RBIL - Expense Ratio Comparison

HOYY has a 1.07% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

HOYY vs. RBIL - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 232.02%, more than RBIL's 4.16% yield.

Position	TTM	2025
HOYY GraniteShares YieldBOOST HOOD ETF	232.02%	50.51%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.16%	3.65%

Frequently Asked Questions

Can I hold both HOYY and RBIL in my portfolio?

HOYY and RBIL have a correlation of -0.18, 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 RBIL?

On fees, RBIL is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOYY or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 1.07% for HOYY.

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

HOYY has the higher dividend yield at 232.02%, compared with 4.16% for RBIL.

What is the main difference between HOYY and RBIL?

HOYY is categorized as Derivative Income, while RBIL is Inflation-Protected Bonds. They also come from different issuers: GraniteShares and F/m. Their fees differ too: 1.07% for HOYY and 0.17% for RBIL.