BULG vs. HOOG

Last updated Jun 5, 2026

BULG (Leverage Shares 2X Long BULL Daily ETF) and HOOG (Leverage Shares 2X Long HOOD Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. BULG charges 0.87%/yr vs 0.75%/yr for HOOG.

Performance

BULG vs. HOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BULL Daily ETF (BULG) and Leverage Shares 2X Long HOOD Daily ETF (HOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with BULG having a -53.20% return and HOOG slightly lower at -55.34%.

BULG

• 1D: 6.83%
• 1M: -33.72%
• YTD: -53.20%
• 6M: -70.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOG

• 1D: 12.78%
• 1M: 23.20%
• YTD: -55.34%
• 6M: -70.69%
• 1Y: -21.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BULG vs. HOOG - Yearly Performance Comparison

	2026 (YTD)	2025
BULG Leverage Shares 2X Long BULL Daily ETF	-53.20%	-78.14%
HOOG Leverage Shares 2X Long HOOD Daily ETF	-55.34%	-22.82%

Correlation

The correlation between BULG and HOOG is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025	0.65

Return for Risk

BULG vs. HOOG — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 11
HOOG Sharpe Ratio Rank: 7
HOOG Sortino Ratio Rank: 16
HOOG Omega Ratio Rank: 16
HOOG Calmar Ratio Rank: 7
HOOG Martin Ratio Rank: 7

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.

BULG vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BULL Daily ETF (BULG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BULG	HOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.83	0.41	-1.24

Drawdowns

BULG vs. HOOG - Drawdown Comparison

The maximum BULG drawdown since its inception was -94.15%, which is greater than HOOG's maximum drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for BULG and HOOG.

Drawdown Indicators

	BULG	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-94.15%	-86.94%	-7.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-86.94%	—
Current Drawdown Current decline from peak	-91.06%	-79.17%	-11.89%
Average Drawdown Average peak-to-trough decline	-69.60%	-37.70%	-31.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	53.46%	—

Volatility

Volatility by Period

	BULG	HOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	43.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	101.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	113.97%	137.25%	-23.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.97%	145.07%	-31.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.97%	145.07%	-31.10%

BULG vs. HOOG - Expense Ratio Comparison

BULG has a 0.87% expense ratio, which is higher than HOOG's 0.75% expense ratio.

Dividends

BULG vs. HOOG - Dividend Comparison

BULG has not paid dividends to shareholders, while HOOG's dividend yield for the trailing twelve months is around 27.55%.

Position	TTM	2025
BULG Leverage Shares 2X Long BULL Daily ETF	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	27.55%	12.30%

Frequently Asked Questions

Can I hold both BULG and HOOG in my portfolio?

BULG and HOOG have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BULG or HOOG?

On fees, HOOG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BULG or HOOG?

HOOG is cheaper with a 0.75% expense ratio, compared with 0.87% for BULG.

Which ETF pays a higher dividend yield, BULG or HOOG?

HOOG has the higher dividend yield at 27.55%, compared with 0.00% for BULG.

What is the main difference between BULG and HOOG?

Their fees differ too: 0.87% for BULG and 0.75% for HOOG.