HOYY vs XXV: Grades, Fees and Holdings Compared

GraniteShares YieldBOOST HOOD ETF

HOYYDNasdaq

Simplify Ancorato Target 25 Distribution ETF

XXVANYSE Arca

Overlap

0.0%by weight

Expense ratio

XXV −0.40pt a year

HOYY1.18%XXV0.78%

Avg volume · 30D

HOYY 1.2×the volume

HOYY38.2KXXV31.8K

HOYY vs XXV Performance

Dec 31, 2025 – Oct 30, 2026

−35.2%HOYY+3.5%XXV

Expense ratio: HOYY 1.18%; XXV 0.78%, better
Fund size: HOYY $8M; XXV $51M
1Y total return: HOYY −51.3%; XXV No data
Yield (12M): HOYY 257.13%; XXV No data
Holdings: HOYY 6; XXV 6
Avg volume (30D): HOYY 38.2K sh, better; XXV 31.8K sh
NAV per share: HOYY $4.18; XXV $21.35
52W range

ETF.net Grade

Pillar letters and Scores for HOYY, XXV, with each pillar’s weight
Pillar	HOYY	XXV
Cost30% weight	F19	A97Higher
Mission25% weight	C47	Not scored
Risk15% weight	F22	A86Higher
Tradability15% weight	D34	B64Higher
Holdings10% weight	Not scored	A70
Durability5% weight	B55	B65Higher

Rank among Single-Stock Option Income funds

How we build Categories ›

Same Category. HOYY and XXV are both graded against the same 71 Single-Stock Option Income funds, so their Grades compare head to head.

Single-Stock Option Income⁠

Category · 71 funds

See all 71 ›

XXV ranks 3rd and HOYY 63rd of 71 funds in the Single-Stock Option Income Category.

Rank 1AKWINKraneShares Wahed Alternative Income Index ETFScore 87
Rank 2AACYQFT Vest Autocallable Barrier & High Income ETFScore 85
Rank 3AXXVSimplify Ancorato Target 25 Distribution ETFScore 84
Rank 4AAAPYKurv Yield Premium Strategy Apple (AAPL) ETFScore 79
Rank 63DFBYYGraniteShares YieldBOOST META ETFScore 31
Rank 63DHOYYGraniteShares YieldBOOST HOOD ETFScore 31
Rank 65DATCGraniteShares Autocallable COIN ETFScore 28

Our read on each fund

ETF.net Research

HOYYDGraniteShares YieldBOOST HOOD ETF

XXVASimplify Ancorato Target 25 Distribution ETF

In short

HOYY Most single-stock income funds write options on the stock. HOYY goes one layer out and sells options on a 2x leveraged Robinhood ETF, harvesting premium off amplified swings, with gains capped and the leveraged downside left open.

XXV Structured-note income without the bank. XXV sells barrier put options on single stocks, and sometimes worst-of baskets, chasing an aspirational 25% annualized payout, with the options rolled continuously. The top rung of Simplify's barrier-income ladder.

Stated mandate

HOYY The Fund seeks current income by selling options on leveraged ETFs linked to Robinhood Markets, Inc.’s common stock. Its secondary objective is exposure to the related 2x leveraged ETF, subject to a cap on potential gains.

XXV XXV seeks high monthly income through selling barrier put options referencing individual stocks, with possible use of worst-of baskets of individual stocks. Its 25% annualized distribution goal is aspirational and not guaranteed.

Why people hold it

HOYY The mechanism is the story: income comes from selling options on a 2x leveraged HOOD ETF, where bigger daily swings mean fatter option premiums than writing on the shares.graniteshares.com
At 1.07%, the fee sits right at the middle of the single-stock option-income crowd, not the expensive end.
It is a registered 1940 Act fund, so the leveraged options trade runs inside the wrapper instead of in your own account.graniteshares.com

XXV 0.85% a year sits below the going rate in its single-stock options-income cohort, where peers like BRKC and TSMY run near 1%.
Options are rolled automatically and continuously, and the ETF wrapper strips out the bank credit risk you take on with a traditional structured note.simplify.us simplify.us 2
Built around cash flow: barriers are adjusted to levels designed to support a 25% annualized distribution target, paid monthly.simplify.us
Sub-advised by Ancorato Capital, a structured-products specialist, and one of the stronger implementations in a crowded options-income field.simplify.us

Worth knowing

HOYY Upside is capped by design; the leveraged downside is not. A hard drop in Robinhood stock can outrun what the option premium brings in.
Payouts can include return of capital, meaning part of a distribution is your own money coming back rather than earnings.graniteshares.com
Small, lightly traded and launched in 2025, so spreads can be wide. HOOY writes on HOOD directly, costs less, and stands higher in this peer group.

XXV Barriers cushion, they do not erase. Selling puts on single stocks means the fund wears the loss when a reference name breaks through its barrier.simplify.us
The 25% figure is an aspirational goal, not a promise, and distributions may include return of capital, which is your own money coming back.
Launched in late 2025 and thinly traded, so bid-ask spreads can cost more than the expense ratio on the way in and out.

Full HOYY profile⁠

Full XXV profile⁠

HOYY vs XXV Holdings

How HOYY and XXV differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of HOYY and 0.0% of XXV.

Level by level

Asset classAlternatives, Equity0.0%
Holdings0 in both0.0%
Countryby domicile100%

Sector

No Sector split for HOYY and XXV.

Country, concentration and asset class

Country by domicile

Country weights in HOYY and XXV, widest gap first
Country	More in HOYYMore in XXV	HOYY	XXV
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

HOYY104.0%
XXV118.0%

Securities held

HOYY5
XXV5

Asset class

HOYY: Alternatives
XXV: Equity

Holdings

Only in HOYY5
In both0
Only in XXV5

Only in HOYY

5 securities, 53.1% of HOYY by weight

US TBill 02/04/202726.29%
US TBill 04/22/202724.80%
2ROBN 11/04/2026 P18.491.19%
2ROBN 11/02/2026 P19.100.63%
2ROBN 10/30/2026 P20.070.17%

Only in XXV

5 securities, 100% of XXV by weight

Simplify E Govt Money Mkt Etf59.12%
B 1/28/27 Govt29.22%
B 3/11/27 Govt19.24%
B 12/31/26 Govt7.51%
B 12/3/26 Govt2.50%

Weight gaps

HOYY and XXV share no securities.

All HOYY holdings⁠All XXV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

HOYY vs XXV Cost

Overpaying HOYY vs XXV

$6,541

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

HOYY 1.18%
$21,543
XXV 0.78%
$15,002

Amount$10,000

Years30 years

Cost over time

HOYY 1.18%
XXV 0.78%
Overpaying

Year by year

Year	HOYY	XXV	Overpaying
10	$2,065	$1,388	$677
20	$7,697	$5,268	$2,429
30	$21,543	$15,002	$6,541

Expense ratio

1.18%HOYY
0.78%XXV, cheaper

XXV0.78%HOYY1.18%

0.51%1.91%

Middle half of Single-Stock Option Income funds
Median 1.04%

XXV 3rd cheapest of 71 funds

HOYY 48th cheapest of 71 funds

HOYY vs XXV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HOYY 257.13%; XXV No data
Payout (12M): HOYY $10.26; XXV No data
Last payment: HOYY $0.06; XXV $0.46
Ex-dividend: HOYY Oct 30, 2026; XXV Oct 27, 2026
Paid on: HOYY Pays Nov 3, 2026; XXV Oct 30, 2026
Frequency: HOYY Weekly; XXV Monthly

Distribution history

Per share, 2026, same scale for both

HOYYWeekly · 44 paymentsAll HOYY payments⁠

XXVMonthly · 10 paymentsAll XXV payments⁠

HOYY vs XXV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: HOYY 24.3%since Oct 2025XXV No data
Return per unit of riskSharpe ratio, 3 years: HOYY −2.67since Oct 2025XXV No data
Worst fallMax drawdown, 5 years: HOYY −53.5%since Sep 2025XXV No data
Market sensitivityBeta, 5 years: HOYY 0.94XXV 0.71; Market = 1

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