HOOY vs IVV
YieldMax HOOD Option Income Strategy ETF vs iShares Core S&P 500 ETF
Which is better, HOOY or IVV?
Option Writing against Large Cap Blend.
IVV has a lower expense ratio. HOOY led over the full window, IVV over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HOOY | IVV |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $117M | $876.4B |
| Dividend Yield | 126.20% | 1.06% |
| Holdings | 16 | 508 |
| YTD Return | -6.32% | +12.51%Best |
| 1Y Return | -11.99% | +17.57%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 51.4% | 12.0%Best |
| Max Drawdown | -51.5% | -8.9%Best |
| $10,000 over 1.3 years | $15,457Best | $13,597 |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | May 7, 2025 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: May 8, 2025 to Sep 11, 2026 (1.3 years).
HOOY vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
HOOY vs IVV Performance
YieldMax HOOD Option Income Strategy ETF (HOOY) is an ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HOOY returned -11.99% while IVV returned +17.57%. Year to date, HOOY is down 6.32% versus a gain of 12.51% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HOOY has been the more volatile fund, with annualized monthly volatility of 51.4% compared with 12.0% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.5% for HOOY and -8.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HOOY charges 0.99% per year while IVV charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, HOOY currently yields 126.20% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in HOOY and 505 in IVV, totalling 3.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in HOOY and 505 in IVV, against full books of 16 and 508.
You are not choosing between two funds in isolation.
Whichever of HOOY and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HOOY or IVV?
HOOY has an expense ratio of 0.99% while IVV charges 0.03%. IVV is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, HOOY or IVV?
Over the past year HOOY returned -11.99% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), HOOY annualized +39.79% vs +26.66% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HOOY or IVV?
HOOY has been the more volatile fund at 51.4% annualized versus 12.0% for IVV. Worst drawdown: HOOY -51.5% vs IVV -8.9%.
Should I hold both HOOY and IVV?
HOOY and IVV have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HOOY or IVV?
HOOY yields 126.20% while IVV yields 1.06%, so HOOY currently pays the higher dividend yield.
Is IVV better than HOOY?
IVV has a lower expense ratio. HOOY led over the full window, IVV over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.