HOOY vs VYM
YieldMax HOOD Option Income Strategy ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | HOOY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.04% | |
| AUM | $132M | $81.6B | |
| Dividend Yield | 149.04% | 2.24% | |
| Holdings | 19 | 616 | |
| YTD Return | -15.87% | +14.66% | |
| 1Y Return | -14.86% | +22.16% | |
| 3Y Return (annualized) | - | +18.72% | |
| 5Y Return (annualized) | - | +12.18% | |
| Volatility (annualized) | 52.1% | 14.6% | |
| Max Drawdown | -51.5% | -58.8% | |
| Fund Family | YieldMax ETF | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | May 7, 2025 | Nov 10, 2006 |
HOOY vs VYM Performance
YieldMax HOOD Option Income Strategy ETF (HOOY) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year HOOY returned -14.86% while VYM returned +22.16%. Year to date, HOOY is down 15.87% versus a gain of 14.66% for VYM.
Risk: Volatility and Drawdowns
HOOY has been the more volatile fund, with annualized monthly volatility of 52.1% compared with 14.6% for VYM. 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HOOY charges 0.99% per year while VYM charges 0.04%. On a $10,000 position that is $99 vs $4 annually, a gap of $95 per year that compounds over a long holding period. On income, HOOY currently yields 149.04% against 2.24% for VYM.
Holdings Overlap
HOOY and VYM share 0 holdings out of 604 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HOOY or VYM?
HOOY has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, HOOY or VYM?
Over the past year HOOY returned -14.86% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), HOOY annualized +30.59% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, HOOY or VYM?
HOOY has been the more volatile fund at 52.1% annualized versus 14.6% for VYM. Worst drawdown: HOOY -51.5% vs VYM -58.8%.
Should I hold both HOOY and VYM?
HOOY and VYM have a monthly-return correlation of 0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HOOY and VYM?
HOOY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, HOOY or VYM?
HOOY yields 149.04% while VYM yields 2.24%, so HOOY currently pays the higher dividend yield.
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