SLTY vs. HOII

Last updated Jun 25, 2026

SLTY (YieldMax Ultra Short Option Income Strategy ETF) and HOII (REX HOOD Growth & Income ETF) are both Derivative Income funds. Both are actively managed. At a correlation of -0.51, they often move in opposite directions. SLTY charges 1.24%/yr vs 0.99%/yr for HOII.

Performance

SLTY vs. HOII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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, SLTY achieves a -7.07% return, which is significantly lower than HOII's 19,132.59% return.

SLTY

• 1D: -2.48%
• 1M: -1.42%
• YTD: -7.07%
• 6M: -5.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOII

• 1D: 0.00%
• 1M: 30,031.23%
• YTD: 19,132.59%
• 6M: 17,931.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLTY vs. HOII - Yearly Performance Comparison

	2026 (YTD)	2025
SLTY YieldMax Ultra Short Option Income Strategy ETF	-7.07%	2.21%
HOII REX HOOD Growth & Income ETF	19,132.59%	-23.54%

Correlation

The correlation between SLTY and HOII is -0.51, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	-0.51

Return for Risk

SLTY vs. HOII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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

SLTY vs. HOII - Drawdown Comparison

The maximum SLTY drawdown since its inception was -21.27%, smaller than the maximum HOII drawdown of -55.38%. Use the drawdown chart below to compare losses from any high point for SLTY and HOII.

Drawdown Indicators

	SLTY	HOII	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-55.38%	+34.11%
Current Drawdown Current decline from peak	-18.80%	0.00%	-18.80%
Average Drawdown Average peak-to-trough decline	-14.35%	-36.68%	+22.33%

Volatility

Volatility by Period

	SLTY	HOII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.26%	34,045.59%	-34,027.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	34,045.59%	-34,027.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	34,045.59%	-34,027.33%

SLTY vs. HOII - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is higher than HOII's 0.99% expense ratio.

Dividends

SLTY vs. HOII - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 79.09%, less than HOII's 120.87% yield.

Position	TTM	2025
HOII REX HOOD Growth & Income ETF	120.87%	4.41%
SLTY YieldMax Ultra Short Option Income Strategy ETF	79.09%	29.68%

Frequently Asked Questions

Can I hold both SLTY and HOII in my portfolio?

SLTY and HOII have a correlation of -0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLTY or HOII?

On fees, HOII is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLTY or HOII?

HOII is cheaper with a 0.99% expense ratio, compared with 1.24% for SLTY.

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

HOII has the higher dividend yield at 120.87%, compared with 79.09% for SLTY.

What is the main difference between SLTY and HOII?

They also come from different issuers: YieldMax and REX. Their fees differ too: 1.24% for SLTY and 0.99% for HOII.