PLTY vs. HOOY

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax PLTR Option Income Strategy ETF (PLTY) and YieldMax HOOD Option Income Strategy ETF (HOOY).

PLTY and HOOY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PLTY is an actively managed fund by YieldMax. It was launched on Oct 7, 2024. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025.

Performance

PLTY vs. HOOY - Performance Comparison

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

PLTY vs. HOOY - Yearly Performance Comparison

	2026 (YTD)	2025
PLTY YieldMax PLTR Option Income Strategy ETF	-13.43%	33.00%
HOOY YieldMax HOOD Option Income Strategy ETF	-31.63%	64.95%

Returns By Period

In the year-to-date period, PLTY achieves a -13.43% return, which is significantly higher than HOOY's -31.63% return.

PLTY

• 1D: 5.38%
• 1M: 6.96%
• YTD: -13.43%
• 6M: -15.39%
• 1Y: 46.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOY

• 1D: 5.13%
• 1M: -3.78%
• YTD: -31.63%
• 6M: -45.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLTY vs. HOOY - Expense Ratio Comparison

Both PLTY and HOOY have an expense ratio of 0.99%.

PLTY

YieldMax PLTR Option Income Strategy ETF

HOOY

YieldMax HOOD Option Income Strategy ETF

Return for Risk

PLTY vs. HOOY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLTY

PLTY Risk / Return Rank: 55
PLTY Sharpe Ratio Rank: 61
PLTY Sortino Ratio Rank: 61
PLTY Omega Ratio Rank: 58
PLTY Calmar Ratio Rank: 56
PLTY Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLTY vs. HOOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax PLTR Option Income Strategy ETF (PLTY) 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.

	PLTY	HOOY	Difference
Sharpe ratio Return per unit of total volatility	1.01	—	—
Sortino ratio Return per unit of downside risk	1.47	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.28	—	—
Martin ratio Return relative to average drawdown	3.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLTY	HOOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.27	+1.17

Correlation

The correlation between PLTY and HOOY is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PLTY vs. HOOY - Dividend Comparison

PLTY's dividend yield for the trailing twelve months is around 120.04%, less than HOOY's 161.09% yield.

	TTM	2025	2024
PLTY YieldMax PLTR Option Income Strategy ETF	120.04%	112.44%	7.85%
HOOY YieldMax HOOD Option Income Strategy ETF	161.09%	82.87%	0.00%

Drawdowns

PLTY vs. HOOY - Drawdown Comparison

The maximum PLTY drawdown since its inception was -36.61%, smaller than the maximum HOOY drawdown of -51.54%. Use the drawdown chart below to compare losses from any high point for PLTY and HOOY.

Drawdown Indicators

	PLTY	HOOY	Difference
Max Drawdown Largest peak-to-trough decline	-36.61%	-51.54%	+14.93%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	—	—
Current Drawdown Current decline from peak	-24.92%	-49.05%	+24.13%
Average Drawdown Average peak-to-trough decline	-11.08%	-15.76%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.72%	—	—

Volatility

Volatility by Period

	PLTY	HOOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.37%	53.40%	-7.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.61%	53.40%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.61%	53.40%	+0.21%