Recently, hybrid electrode materials based on cross-linked carbon analogues have gained significant consideration for their excellent cyclic stability and high specific capacities. This work presents the fabrication of copper and holmium co-doped cobalt ferrite with cross-linked graphene (denoted as CH-CoF/CLG) through one-step hydrothermal route, as novel electrode material for supercapacitor study. The electrochemical performance of CH-CoF/CLG along with its counterparts i.e., CoF, CH-CoF was evaluated through CV, GCD, and EIS analysis using three electrode system. The specific capacitance (Csp) of CoF, CH-CoF, and CH-CoF/CLG nanocomposite at a sweep rate of 5 mV/s is 458 F/g, 762 F/g, and 1258 F/g, respectively, within a potential range of 0.0 to 0.6 V. For CH-CoF/CLG, the calculated slope value (b = 0.84) using power law showed that the energy storage mechanism is based on both capacitive and diffusional processes. The GCD test showed that CH-CoF/CLG exhibited long discharge time (td = 615 s), as compared to CH-CoF (td = 409 s), and CoF (td = 264 s). Moreover, after the fabrication of CH-CoF with CLG, the value of equivalent series resistance (ESR) and charge transfer resistance (Rct) for CH-CoF/CLG were decreased to 0.74 Ω and 0.84 Ω, compared to CoF (1.18 Ω and 1.29 Ω) and CH-CoF (0.88 Ω and 1.0 Ω). When tested for cyclic stability, CH-CoF/CLG displayed insignificant loss in performance up to 3000 cyclic runs. The high supercapacitor performance of CH-CoF/CLG can be assigned to the combined effects arising from the co-doping of transition metal and rare earth metal ions (Cu+2 and Ho+3) into CoF lattice, porous cross-linked structure, high wettability, low intrinsic resistance, and easy accessibility of KOH ions into deep layers of active material. As obtained results deduce that the CH-CoF/CLG nanocomposite is a competent capacitive material for energy storage.