YMAG vs. HOOW

Last updated Jun 13, 2026

YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) and HOOW (Roundhill HOOD WeeklyPay ETF) are both exchange-traded funds - YMAG is a Derivative Income fund actively managed by YieldMax, while HOOW is a Leveraged Equities fund actively managed by Roundhill. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. YMAG charges 1.28%/yr vs 0.99%/yr for HOOW.

Performance

YMAG vs. HOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and Roundhill HOOD WeeklyPay ETF (HOOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YMAG achieves a -1.13% return, which is significantly higher than HOOW's -24.22% return.

YMAG

• 1D: 0.09%
• 1M: -6.75%
• YTD: -1.13%
• 6M: -0.01%
• 1Y: 19.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOW

• 1D: 0.96%
• 1M: 24.39%
• YTD: -24.22%
• 6M: -29.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YMAG vs. HOOW - Yearly Performance Comparison

	2026 (YTD)	2025
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	-1.13%	21.18%
HOOW Roundhill HOOD WeeklyPay ETF	-24.22%	52.60%

Correlation

The correlation between YMAG and HOOW is 0.54, 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 18, 2025	0.54

YMAG vs. HOOW - Sectors Allocation Comparison

Sectors	YMAG	HOOW
Financial Services	100.0%	3.3%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

YMAG vs. HOOW — Risk / Return Rank

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

YMAG

YMAG Risk / Return Rank: 35
YMAG Sharpe Ratio Rank: 38
YMAG Sortino Ratio Rank: 36
YMAG Omega Ratio Rank: 36
YMAG Calmar Ratio Rank: 31
YMAG Martin Ratio Rank: 35

HOOW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

YMAG vs. HOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) 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.

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.

	YMAG	HOOW	Difference
Sharpe ratio: Return per unit of total volatility	1.20	—	—
Sortino ratio: Return per unit of downside risk	1.67	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.37	—	—
Martin ratio: Return relative to average drawdown	4.68	—	—

Drawdowns

YMAG vs. HOOW - Drawdown Comparison

The maximum YMAG drawdown since its inception was -25.96%, smaller than the maximum HOOW drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for YMAG and HOOW.

Drawdown Indicators

	YMAG	HOOW	Difference
Max Drawdown Largest peak-to-trough decline	-25.96%	-65.74%	+39.78%
Max Drawdown (1Y) Largest decline over 1 year	-14.38%	—	—
Current Drawdown Current decline from peak	-7.32%	-48.54%	+41.22%
Average Drawdown Average peak-to-trough decline	-4.54%	-29.67%	+25.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.21%	—	—

Volatility

Volatility by Period

	YMAG	HOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.41%	84.09%	-67.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.94%	84.09%	-63.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.94%	84.09%	-63.15%

YMAG vs. HOOW - Expense Ratio Comparison

YMAG has a 1.28% expense ratio, which is higher than HOOW's 0.99% expense ratio.

Dividends

YMAG vs. HOOW - Dividend Comparison

YMAG's dividend yield for the trailing twelve months is around 52.85%, less than HOOW's 147.58% yield.

Position	TTM	2025	2024
HOOW Roundhill HOOD WeeklyPay ETF	147.58%	67.92%	0.00%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	52.85%	52.27%	35.22%

Frequently Asked Questions

Can I hold both YMAG and HOOW in my portfolio?

YMAG and HOOW have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YMAG or HOOW?

On fees, HOOW 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, YMAG or HOOW?

HOOW is cheaper with a 0.99% expense ratio, compared with 1.28% for YMAG.

Which ETF pays a higher dividend yield, YMAG or HOOW?

HOOW has the higher dividend yield at 147.58%, compared with 52.85% for YMAG.

What is the main difference between YMAG and HOOW?

YMAG is categorized as Derivative Income, while HOOW is Leveraged Equities. They also come from different issuers: YieldMax and Roundhill. Their fees differ too: 1.28% for YMAG and 0.99% for HOOW.