PLTY vs. HOOD
PLTY (YieldMax PLTR Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, PLTY returned 4.57% vs 13.57% for HOOD. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
PLTY vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, PLTY achieves a -16.45% return, which is significantly higher than HOOD's -24.81% return.
PLTY
- 1D
- 0.42%
- 1M
- 0.90%
- YTD
- -16.45%
- 6M
- -18.69%
- 1Y
- 4.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- 3.12%
- 1M
- 10.40%
- YTD
- -24.81%
- 6M
- -37.67%
- 1Y
- 13.57%
- 3Y*
- 108.29%
- 5Y*
- —
- 10Y*
- —
PLTY vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PLTY YieldMax PLTR Option Income Strategy ETF | -16.45% | 78.06% | 49.98% |
HOOD Robinhood Markets, Inc. | -24.81% | 203.54% | 45.49% |
Correlation
The correlation between PLTY and HOOD is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2024 | 0.56 |
The correlation between PLTY and HOOD has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.
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Return for Risk
PLTY vs. HOOD — Risk / Return Rank
PLTY
HOOD
PLTY vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) and Robinhood Markets, Inc. (HOOD). 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.
| PLTY | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.09 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.24 | -0.10 |
| Martin ratioReturn relative to average drawdown | 0.26 | 0.44 | -0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PLTY | HOOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 0.20 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 0.27 | +0.91 |
Drawdowns
PLTY vs. HOOD - Drawdown Comparison
The maximum PLTY drawdown since its inception was -36.61%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for PLTY and HOOD.
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Drawdown Indicators
| PLTY | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.61% | -90.21% | +53.60% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -57.26% | +22.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.26% | — |
Current DrawdownCurrent decline from peak | -27.54% | -44.22% | +16.68% |
Average DrawdownAverage peak-to-trough decline | -12.87% | -60.95% | +48.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.96% | 31.25% | -13.29% |
Volatility
PLTY vs. HOOD - Volatility Comparison
The current volatility for YieldMax PLTR Option Income Strategy ETF (PLTY) is 14.41%, while Robinhood Markets, Inc. (HOOD) has a volatility of 22.93%. This indicates that PLTY experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTY | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.41% | 22.93% | -8.52% |
Volatility (6M)Calculated over the trailing 6-month period | 32.39% | 50.49% | -18.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.73% | 69.17% | -26.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.83% | 74.04% | -21.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.83% | 74.04% | -21.21% |
Dividends
PLTY vs. HOOD - Dividend Comparison
PLTY's dividend yield for the trailing twelve months is around 115.59%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% | 0.00% |
PLTY YieldMax PLTR Option Income Strategy ETF | 115.59% | 112.44% | 7.85% |
Frequently Asked Questions
PLTY and HOOD have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (22.93%) compared to PLTY (14.41%). In terms of maximum drawdown, PLTY dropped -36.61% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.20 vs 0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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