YBTC vs. HOOW
YBTC (Roundhill Bitcoin Covered Call Strategy ETF) and HOOW (Roundhill HOOD WeeklyPay ETF) are both exchange-traded funds - YBTC is a Cryptocurrency fund actively managed by Roundhill, while HOOW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. YBTC charges 0.95%/yr vs 0.99%/yr for HOOW.
Performance
YBTC vs. HOOW - Performance Comparison
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Returns By Period
In the year-to-date period, YBTC achieves a -23.39% return, which is significantly higher than HOOW's -34.08% return.
YBTC
- 1D
- -2.77%
- 1M
- -16.32%
- YTD
- -23.39%
- 6M
- -26.70%
- 1Y
- -35.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOW
- 1D
- -7.51%
- 1M
- 8.18%
- YTD
- -34.08%
- 6M
- -46.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YBTC vs. HOOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YBTC Roundhill Bitcoin Covered Call Strategy ETF | -23.39% | -14.60% |
HOOW Roundhill HOOD WeeklyPay ETF | -34.08% | 46.56% |
Correlation
The correlation between YBTC and HOOW is 0.59, 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 Jun 20, 2025 | 0.59 |
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Return for Risk
YBTC vs. HOOW — Risk / Return Rank
YBTC
HOOW
YBTC vs. HOOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Roundhill HOOD WeeklyPay ETF (HOOW). 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.
| YBTC | HOOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.85 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | — | — |
| Martin ratioReturn relative to average drawdown | -1.39 | — | — |
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
| YBTC | HOOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.91 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | -0.04 | +0.20 |
Drawdowns
YBTC vs. HOOW - Drawdown Comparison
The maximum YBTC drawdown since its inception was -47.09%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for YBTC and HOOW.
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Drawdown Indicators
| YBTC | HOOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.09% | -65.74% | +18.65% |
Max Drawdown (1Y)Largest decline over 1 year | -47.09% | — | — |
Current DrawdownCurrent decline from peak | -44.06% | -55.23% | +11.17% |
Average DrawdownAverage peak-to-trough decline | -12.89% | -29.13% | +16.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.69% | — | — |
Volatility
YBTC vs. HOOW - Volatility Comparison
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Volatility by Period
| YBTC | HOOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.85% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.81% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 39.20% | 83.86% | -44.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.81% | 83.86% | -43.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.81% | 83.86% | -43.05% |
YBTC vs. HOOW - Expense Ratio Comparison
YBTC has a 0.95% expense ratio, which is lower than HOOW's 0.99% expense ratio.
Dividends
YBTC vs. HOOW - Dividend Comparison
YBTC's dividend yield for the trailing twelve months is around 88.13%, less than HOOW's 163.90% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HOOW Roundhill HOOD WeeklyPay ETF | 163.90% | 67.92% | 0.00% |
YBTC Roundhill Bitcoin Covered Call Strategy ETF | 88.13% | 76.04% | 44.53% |
Frequently Asked Questions
YBTC and HOOW have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YBTC is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YBTC is cheaper with a 0.95% expense ratio, compared with 0.99% for HOOW.
HOOW has the higher dividend yield at 163.90%, compared with 88.13% for YBTC.
YBTC is categorized as Cryptocurrency, while HOOW is Leveraged Equities. Their fees differ too: 0.95% for YBTC and 0.99% for HOOW.
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