CRCA vs. HOOG
CRCA (ProShares Ultra CRCL) and HOOG (Leverage Shares 2X Long HOOD Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. CRCA charges 0.95%/yr vs 0.75%/yr for HOOG.
Performance
CRCA vs. HOOG - Performance Comparison
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Returns By Period
In the year-to-date period, CRCA achieves a -70.23% return, which is significantly lower than HOOG's -60.99% return.
CRCA
- 1D
- -5.20%
- 1M
- -12.09%
- 6M
- -51.11%
- YTD
- -70.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HOOG
- 1D
- -0.05%
- 1M
- -43.77%
- 6M
- -47.78%
- YTD
- -60.99%
- 1Y
- -61.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 43.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.28M | $18.49M | $44.45M | |
| $9.83M | $14.42M | $16.77M |
CRCA vs. HOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRCA ProShares Ultra CRCL | -70.23% | -84.67% |
HOOG Leverage Shares 2X Long HOOD Daily ETF | -60.99% | -11.02% |
Correlation
The correlation between CRCA and HOOG is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 7, 2025 | 0.60 |
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Return for Risk
CRCA vs. HOOG — Risk / Return Rank
CRCA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HOOG
CRCA vs. HOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra CRCL (CRCA) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRCA | HOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.00 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.74 | — |
| Martin ratioReturn relative to average drawdown | — | -1.05 | — |
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Drawdowns
CRCA vs. HOOG - Drawdown Comparison
The maximum CRCA drawdown since its inception was -95.61%, which is greater than HOOG's maximum drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for CRCA and HOOG.
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Drawdown Indicators
| CRCA | HOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.61% | -86.94% | -8.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -86.94% | — |
Current DrawdownCurrent decline from peak | -95.44% | -81.80% | -13.64% |
Average DrawdownAverage peak-to-trough decline | -74.24% | -41.73% | -32.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 60.82% | — |
Volatility
CRCA vs. HOOG - Volatility Comparison
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Volatility by Period
| CRCA | HOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 35.80% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 107.69% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 193.78% | 140.37% | +53.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 193.78% | 144.04% | +49.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 193.78% | 144.04% | +49.74% |
CRCA vs. HOOG - Expense Ratio Comparison
CRCA has a 0.95% expense ratio, which is higher than HOOG's 0.75% expense ratio.
Dividends
CRCA vs. HOOG - Dividend Comparison
CRCA's dividend yield for the trailing twelve months is around 7.40%, less than HOOG's 31.54% yield.
| Position | TTM | 2025 |
|---|---|---|
CRCA ProShares Ultra CRCL | 7.40% | 1.06% |
HOOG Leverage Shares 2X Long HOOD Daily ETF | 31.54% | 12.30% |
Frequently Asked Questions
CRCA and HOOG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
HOOG is cheaper with a 0.75% expense ratio, compared with 0.95% for CRCA.
HOOG has the higher dividend yield at 31.54%, compared with 7.40% for CRCA.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for CRCA and 0.75% for HOOG.
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