SLJY vs. HOII

Last updated Jun 24, 2026

SLJY (Amplify SILJ Covered Call ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.40 correlation, their price movements are largely independent. SLJY charges 0.75%/yr vs 0.99%/yr for HOII.

Performance

SLJY vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify SILJ Covered Call ETF (SLJY) 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, SLJY achieves a -4.62% return, which is significantly lower than HOII's 19,132.59% return.

SLJY

• 1D: -4.03%
• 1M: -10.47%
• YTD: -4.62%
• 6M: -7.86%
• 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)

SLJY vs. HOII - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	-4.62%	23.93%
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%

Correlation

The correlation between SLJY and HOII is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.40

Return for Risk

SLJY vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) 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

SLJY vs. HOII - Drawdown Comparison

The maximum SLJY drawdown since its inception was -32.40%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for SLJY and HOII.

Drawdown Indicators

	SLJY	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-32.40%	-55.38%	+22.98%
Current Drawdown Current decline from peak	-30.62%	0.00%	-30.62%
Average Drawdown Average peak-to-trough decline	-10.64%	-36.68%	+26.04%

Volatility

Volatility by Period

	SLJY	HOII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.39%	34,045.59%	-33,995.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.39%	34,045.59%	-33,995.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.39%	34,045.59%	-33,995.20%

SLJY vs. HOII - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is lower than HOII's 0.99% expense ratio.

Dividends

SLJY vs. HOII - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 18.88%, less than HOII's 120.87% yield.

Position	TTM	2025
HOII REX HOOD Growth & Income ETF	120.87%	4.41%
SLJY Amplify SILJ Covered Call ETF	18.88%	6.26%

Frequently Asked Questions

Can I hold both SLJY and HOII in my portfolio?

SLJY and HOII have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLJY or HOII?

On fees, SLJY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or HOII?

SLJY is cheaper with a 0.75% expense ratio, compared with 0.99% for HOII.

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

HOII has the higher dividend yield at 120.87%, compared with 18.88% for SLJY.

What is the main difference between SLJY and HOII?

They also come from different issuers: Amplify and REX. Their fees differ too: 0.75% for SLJY and 0.99% for HOII.