COHX vs. HOOG

Last updated Jun 5, 2026

COHX (Tradr 2X Long COHR Daily ETF) and HOOG (Leverage Shares 2X Long HOOD Daily ETF) are both Leveraged Equities funds. COHX is passively managed, while HOOG is actively managed. At a 0.28 correlation, their price movements are largely independent. COHX charges 1.49%/yr vs 0.75%/yr for HOOG.

Performance

COHX vs. HOOG - Performance Comparison

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

Returns By Period

COHX

• 1D: 1.76%
• 1M: 46.78%
• YTD: —
• 6M: —
• 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)

COHX vs. HOOG - Yearly Performance Comparison

	2026 (YTD)
COHX Tradr 2X Long COHR Daily ETF	160.22%
HOOG Leverage Shares 2X Long HOOD Daily ETF	11.78%

Correlation

The correlation between COHX and HOOG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 20, 2026	0.28

Return for Risk

COHX 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.

COHX vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long COHR Daily ETF (COHX) 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

	COHX	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	14.78	0.41	+14.37

Drawdowns

COHX vs. HOOG - Drawdown Comparison

The maximum COHX drawdown since its inception was -50.30%, smaller than the maximum HOOG drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for COHX and HOOG.

Drawdown Indicators

	COHX	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-50.30%	-86.94%	+36.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-86.94%	—
Current Drawdown Current decline from peak	-3.01%	-79.17%	+76.16%
Average Drawdown Average peak-to-trough decline	-16.77%	-37.70%	+20.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	53.46%	—

Volatility

Volatility by Period

	COHX	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	178.19%	137.25%	+40.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	178.19%	145.07%	+33.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	178.19%	145.07%	+33.12%

COHX vs. HOOG - Expense Ratio Comparison

COHX has a 1.49% expense ratio, which is higher than HOOG's 0.75% expense ratio.

Dividends

COHX vs. HOOG - Dividend Comparison

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

Position	TTM	2025
COHX Tradr 2X Long COHR 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 COHX and HOOG in my portfolio?

COHX and HOOG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COHX 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, COHX or HOOG?

HOOG is cheaper with a 0.75% expense ratio, compared with 1.49% for COHX.

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

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

What is the main difference between COHX and HOOG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for COHX and 0.75% for HOOG.