HOOW seeks amplified calendar-week exposure to Robinhood shares with weekly distributions. HOOY seeks option income linked to HOOD. Both concentrate risk in the same company, but their derivative strategies differ.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
HOOW has lagged HOOY over the trailing twelve months, posting a -28.74% total return against -18.31%. Measured from Jun 2025 — the start of shared available history — HOOW has compounded at 26.85% a year versus 19.84% for HOOY. HOOY has been the steadier holding, though — annualized volatility of 59.2% against 86.6% for HOOW. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Jun 2025” measures every fund from June 18, 2025 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
Metric
HOOW
HOOY
Forward distribution rate
89.66%
82.58%
Trailing 12-month yield
105.31%
120.29%
30-day SEC yield
—
2.08%
Return of capital
100.00%
97.58%
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
HOOW targets weekly payouts and 120% of the weekly total return of Robinhood Markets before fees.
Seeks current income and indirect exposure to the share price of Robinhood Markets, Inc. (HOOD), investing at least 80% of net assets in securities and financial instruments that provide that exposure.
Bottom lineChoose HOOW if you want amplified weekly HOOD exposure and accept single-company risk. Choose HOOY if you want HOOD-linked option income and accept upside limits and single-company risk. No. Payment frequency is not downside protection. HOOW adds leveraged weekly exposure, while HOOY's option strategy trades some upside participation for income potential. Both can lose substantial value when HOOD falls, and distributions can vary. Compare NAV and reinvested total return together.
HOOW vs HOOY: HOOD WeeklyPay or Option Income?
HOOW seeks amplified calendar-week exposure to Robinhood shares with weekly distributions. HOOY seeks option income linked to HOOD. Both concentrate risk in the same company, but their derivative strategies differ.
HOOW
HOOY
Approach
Robinhood (HOOD)
Robinhood (HOOD)
Risk review
Equity losses, concentration and option trade-offs
Equity losses, concentration and strategy trade-offs
Expense ratio
0.99%
0.99%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Daily leverage reset. HOOW targets a multiple of the index's DAILY move, resetting every session. Over weeks and months the compounding of daily resets (volatility decay) can drag returns far below the stated multiple, especially in choppy markets — and losses are magnified the same way gains are.
Capped upside and premium dependence. HOOY generates income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Roundhill Investments is known for offering innovative, specialized ETFs that often feature weekly dividend distributions and exposure to trending themes and individual mega-cap stocks. Their lineup spans income-focused strategies, leveraged products, thematic investments in areas like cryptocurrency and artificial intelligence, and weekly-pay funds that appeal to investors seeking frequent distributions. The issuer has built a distinctive niche with products targeting both traditional income seekers and those interested in emerging sectors, offering a diverse range of tickers that go well beyond conventional dividend vehicles.
See our curated list of related YouTube videos on HOOW.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. The firm operates a diverse lineup of 63 funds organized across multiple families including covered call strategies, 0DTE (zero days to expiration) options, double distribution approaches, and various target-date and performance-based portfolios designed to generate regular distributions. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on HOOY.
HOOW seeks amplified calendar-week exposure to Robinhood shares with weekly distributions. HOOY seeks option income linked to HOOD. Both concentrate risk in the same company, but their derivative strategies differ.
No. Payment frequency is not downside protection. HOOW adds leveraged weekly exposure, while HOOY's option strategy trades some upside participation for income potential. Both can lose substantial value when HOOD falls, and distributions can vary. Compare NAV and reinvested total return together.
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On a $10,000 investment, HOOW would generate roughly $172.42 cash per distribution, while HOOY would produce $158.81 cash per distribution, at current distribution rates. Both pay weekly distributions.
HOOW yield89.66%
HOOY yield82.58%
Cash diff on $10K$13.62
Cost & efficiency
Over 10 years on $10,000, HOOW would cost approximately $990 in fees vs $990 for HOOY (simplified, not compounded). Both charge the same expense ratio.
HOOW ER0.99%
HOOY ER0.99%
Strategy & risk
HOOW seeks amplified calendar-week exposure to Robinhood shares with weekly distributions. HOOY seeks option income linked to HOOD. Both concentrate risk in the same company, but their derivative strategies differ. Beta describes historical benchmark sensitivity, not guaranteed downside protection.
HOOW beta4.0698
HOOY beta2.743
Fund details
HOOW is managed by Roundhill Investments (launched 06/18/2025) with $152M in assets. HOOY is managed by YieldMax (launched 05/07/2025) with $160M in assets.
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Frequently asked questions
Does a weekly distribution make HOOW or HOOY safer than HOOD?
No. Payment frequency is not downside protection. HOOW adds leveraged weekly exposure, while HOOY's option strategy trades some upside participation for income potential. Both can lose substantial value when HOOD falls, and distributions can vary. Compare NAV and reinvested total return together.
How should I compare risk and ownership costs?
Use matching dates and definitions for returns, distributions, and fees. Beta describes historical benchmark sensitivity, not guaranteed downside protection. Check current bid-ask spreads and premiums or discounts; AUM alone does not determine the price available for your order.
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