METW vs. HOOY

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill Meta Weeklypay ETF (METW) and YieldMax HOOD Option Income Strategy ETF (HOOY).

METW and HOOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. METW is a passively managed fund by Roundhill that tracks the performance of the Ball Metaverse Index. It was launched on Jun 30, 2021. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025.

Performance

METW vs. HOOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) and YieldMax HOOD Option Income Strategy ETF (HOOY). The values are adjusted to include any dividend payments, if applicable.

METW vs. HOOY - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-15.94%	-8.20%
HOOY YieldMax HOOD Option Income Strategy ETF	-30.55%	26.79%

Returns By Period

In the year-to-date period, METW achieves a -15.94% return, which is significantly higher than HOOY's -30.55% return.

METW

• 1D: 1.15%
• 1M: -14.03%
• YTD: -15.94%
• 6M: -24.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOY

• 1D: 1.58%
• 1M: -5.12%
• YTD: -30.55%
• 6M: -44.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. HOOY - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than HOOY's 0.99% expense ratio.

HOOY

YieldMax HOOD Option Income Strategy ETF

METW

Roundhill Meta Weeklypay ETF

Return for Risk

METW vs. HOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) and YieldMax HOOD Option Income Strategy ETF (HOOY). 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

	METW	HOOY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.68	0.31	-0.98

Correlation

The correlation between METW and HOOY is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

METW vs. HOOY - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 50.14%, less than HOOY's 158.59% yield.

	TTM	2025
METW Roundhill Meta Weeklypay ETF	50.14%	30.89%
HOOY YieldMax HOOD Option Income Strategy ETF	158.59%	82.87%

Drawdowns

METW vs. HOOY - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, smaller than the maximum HOOY drawdown of -51.54%. Use the drawdown chart below to compare losses from any high point for METW and HOOY.

Drawdown Indicators

	METW	HOOY	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-51.54%	+11.02%
Current Drawdown Current decline from peak	-33.30%	-48.25%	+14.95%
Average Drawdown Average peak-to-trough decline	-15.26%	-15.91%	+0.65%

Volatility

Volatility by Period

	METW	HOOY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	41.86%	53.30%	-11.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.86%	53.30%	-11.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.86%	53.30%	-11.44%