MSTW vs. HOII

Last updated Jun 24, 2026

MSTW (Roundhill MSTR WeeklyPay ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.99% expense ratio.

Performance

MSTW vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSTR WeeklyPay ETF (MSTW) and REX HOOD Growth & Income ETF (HOII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTW achieves a -40.29% return, which is significantly lower than HOII's 19,132.59% return.

MSTW

• 1D: -5.77%
• 1M: -41.43%
• YTD: -40.29%
• 6M: -43.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOII

• 1D: 0.00%
• 1M: 30,031.23%
• YTD: 19,132.59%
• 6M: 17,912.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTW vs. HOII - Yearly Performance Comparison

	2026 (YTD)	2025
MSTW Roundhill MSTR WeeklyPay ETF	-40.29%	-49.72%
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%

Correlation

The correlation between MSTW and HOII is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.66

Return for Risk

MSTW vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) and REX HOOD Growth & Income ETF (HOII). 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.

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

Drawdowns

MSTW vs. HOII - Drawdown Comparison

The maximum MSTW drawdown since its inception was -82.94%, which is greater than HOII's maximum drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for MSTW and HOII.

Drawdown Indicators

	MSTW	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-82.94%	-55.38%	-27.56%
Current Drawdown Current decline from peak	-82.94%	0.00%	-82.94%
Average Drawdown Average peak-to-trough decline	-55.68%	-36.68%	-19.00%

Volatility

Volatility by Period

	MSTW	HOII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	89.08%	34,045.59%	-33,956.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.08%	34,045.59%	-33,956.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.08%	34,045.59%	-33,956.51%

MSTW vs. HOII - Expense Ratio Comparison

Both MSTW and HOII have an expense ratio of 0.99%.

Dividends

MSTW vs. HOII - Dividend Comparison

MSTW's dividend yield for the trailing twelve months is around 325.95%, more than HOII's 120.87% yield.

Position	TTM	2025
HOII REX HOOD Growth & Income ETF	120.87%	4.41%
MSTW Roundhill MSTR WeeklyPay ETF	325.95%	106.94%

Frequently Asked Questions

Can I hold both MSTW and HOII in my portfolio?

MSTW and HOII have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSTW or HOII?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSTW or HOII?

MSTW and HOII have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, MSTW or HOII?

MSTW has the higher dividend yield at 325.95%, compared with 120.87% for HOII.

What is the main difference between MSTW and HOII?

They also come from different issuers: Roundhill and REX.