BNKU vs. HOOG

Last updated Apr 2, 2026

Compare and contrast key facts about MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Leverage Shares 2X Long HOOD Daily ETF (HOOG).

BNKU and HOOG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNKU is a passively managed fund by Bank of Montreal that tracks the performance of the Solactive MicroSectors U.S. Big Banks Index (-300%). It was launched on Apr 2, 2019. HOOG is an actively managed fund by Leverage Shares. It was launched on Mar 20, 2025.

Performance

BNKU vs. HOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Leverage Shares 2X Long HOOD Daily ETF (HOOG). The values are adjusted to include any dividend payments, if applicable.

BNKU vs. HOOG - Yearly Performance Comparison

	2026 (YTD)	2025
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	-19.59%	102.54%
HOOG Leverage Shares 2X Long HOOD Daily ETF	-67.70%	291.44%

Returns By Period

In the year-to-date period, BNKU achieves a -19.59% return, which is significantly higher than HOOG's -67.70% return.

BNKU

• 1D: 2.79%
• 1M: -4.99%
• YTD: -19.59%
• 6M: 2.83%
• 1Y: 71.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOG

• 1D: 2.51%
• 1M: -24.23%
• YTD: -67.70%
• 6M: -82.07%
• 1Y: 43.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNKU vs. HOOG - Expense Ratio Comparison

BNKU has a 0.95% expense ratio, which is higher than HOOG's 0.75% expense ratio.

BNKU

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs

HOOG

Leverage Shares 2X Long HOOD Daily ETF

Return for Risk

BNKU vs. HOOG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNKU

BNKU Risk / Return Rank: 55
BNKU Sharpe Ratio Rank: 52
BNKU Sortino Ratio Rank: 56
BNKU Omega Ratio Rank: 61
BNKU Calmar Ratio Rank: 60
BNKU Martin Ratio Rank: 44

HOOG

HOOG Risk / Return Rank: 32
HOOG Sharpe Ratio Rank: 19
HOOG Sortino Ratio Rank: 55
HOOG Omega Ratio Rank: 44
HOOG Calmar Ratio Rank: 23
HOOG Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNKU vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) and Leverage Shares 2X Long HOOD Daily ETF (HOOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BNKU	HOOG	Difference
Sharpe ratio Return per unit of total volatility	0.97	0.30	+0.67
Sortino ratio Return per unit of downside risk	1.53	1.50	+0.03
Omega ratio Gain probability vs. loss probability	1.23	1.18	+0.05
Calmar ratio Return relative to maximum drawdown	1.62	0.53	+1.09
Martin ratio Return relative to average drawdown	4.36	1.11	+3.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNKU vs. HOOG - Sharpe Ratio Comparison

The current BNKU Sharpe Ratio is 0.97, which is higher than the HOOG Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of BNKU and HOOG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BNKU	HOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	0.30	+0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.18	+0.03

Correlation

The correlation between BNKU and HOOG is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BNKU vs. HOOG - Dividend Comparison

BNKU has not paid dividends to shareholders, while HOOG's dividend yield for the trailing twelve months is around 38.10%.

	TTM	2025
BNKU MicroSectors U.S. Big Banks Index 3X Leveraged ETNs	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	38.10%	12.30%

Drawdowns

BNKU vs. HOOG - Drawdown Comparison

The maximum BNKU drawdown since its inception was -58.03%, smaller than the maximum HOOG drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for BNKU and HOOG.

Drawdown Indicators

	BNKU	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-58.03%	-86.94%	+28.91%
Max Drawdown (1Y) Largest decline over 1 year	-41.95%	-86.94%	+44.99%
Current Drawdown Current decline from peak	-31.84%	-84.94%	+53.10%
Average Drawdown Average peak-to-trough decline	-16.05%	-30.17%	+14.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.59%	41.37%	-25.78%

Volatility

BNKU vs. HOOG - Volatility Comparison

The current volatility for MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU) is 18.56%, while Leverage Shares 2X Long HOOD Daily ETF (HOOG) has a volatility of 35.44%. This indicates that BNKU experiences smaller price fluctuations and is considered to be less risky than HOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNKU	HOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.56%	35.44%	-16.88%
Volatility (6M) Calculated over the trailing 6-month period	46.10%	100.78%	-54.68%
Volatility (1Y) Calculated over the trailing 1-year period	73.75%	143.11%	-69.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.64%	143.62%	-67.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.64%	143.62%	-67.98%