HOYY vs. SOXY

Last updated Aug 5, 2026

HOYY (GraniteShares YieldBOOST HOOD ETF) and SOXY (YieldMax Target 12™ Semiconductor Option Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.43 correlation means their historical movements had little consistent relationship. HOYY charges 1.07%/yr vs 1.06%/yr for SOXY.

Performance

HOYY vs. SOXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST HOOD ETF (HOYY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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 SOXY's 64.23% return.

HOYY

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

SOXY

• 1D: -3.47%
• 1M: -10.67%
• 6M: 52.23%
• YTD: 64.23%
• 1Y: 99.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 61.55%

*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
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	$1.70M	$2.35M	$2.05M

HOYY vs. SOXY - Yearly Performance Comparison

	2026 (YTD)	2025
HOYY GraniteShares YieldBOOST HOOD ETF	-31.03%	-23.57%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	64.23%	10.53%

Correlation

The correlation between HOYY and SOXY is 0.43, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.43

Return for Risk

HOYY vs. SOXY — 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.

SOXY

SOXY Risk / Return Rank: 85
SOXY Sharpe Ratio Rank: 91
SOXY Sortino Ratio Rank: 79
SOXY Omega Ratio Rank: 82
SOXY Calmar Ratio Rank: 84
SOXY Martin Ratio Rank: 89

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. SOXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST HOOD ETF (HOYY) and YieldMax Target 12™ Semiconductor Option Income ETF (SOXY). 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	SOXY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.46	—
Sortino ratio: Return per unit of downside risk	—	2.87	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.49	—
Martin ratio: Return relative to average drawdown	—	15.00	—

Drawdowns

HOYY vs. SOXY - Drawdown Comparison

The maximum HOYY drawdown since its inception was -51.67%, which is greater than SOXY's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for HOYY and SOXY.

Drawdown Indicators

	HOYY	SOXY	Difference
Max Drawdown Largest peak-to-trough decline	-51.67%	-30.22%	-21.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.56%	—
Current Drawdown Current decline from peak	-50.60%	-18.79%	-31.81%
Average Drawdown Average peak-to-trough decline	-35.68%	-5.58%	-30.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.63%	—

Volatility

Volatility by Period

	HOYY	SOXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	33.94%	40.44%	-6.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.94%	39.58%	-5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.94%	39.58%	-5.64%

HOYY vs. SOXY - Expense Ratio Comparison

HOYY has a 1.07% expense ratio, which is higher than SOXY's 1.06% expense ratio.

Dividends

HOYY vs. SOXY - Dividend Comparison

HOYY's dividend yield for the trailing twelve months is around 232.02%, more than SOXY's 10.14% yield.

Position	TTM	2025
HOYY GraniteShares YieldBOOST HOOD ETF	232.02%	50.51%
SOXY YieldMax Target 12™ Semiconductor Option Income ETF	10.14%	11.47%

Frequently Asked Questions

Can I hold both HOYY and SOXY in my portfolio?

HOYY and SOXY have a correlation of 0.43, 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 SOXY?

On fees, SOXY is cheaper at 1.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOYY or SOXY?

SOXY is cheaper with a 1.06% expense ratio, compared with 1.07% for HOYY.

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

HOYY has the higher dividend yield at 232.02%, compared with 10.14% for SOXY.

What is the main difference between HOYY and SOXY?

They also come from different issuers: GraniteShares and YieldMax. Their fees differ too: 1.07% for HOYY and 1.06% for SOXY.