EVAV vs. HOOG
Compare and contrast key facts about Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) and Leverage Shares 2X Long HOOD Daily ETF (HOOG).
EVAV and HOOG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EVAV is a passively managed fund by Direxion that tracks the performance of the Indxx US Electric and Autonomous Vehicles Index - Benchmark TR Gross (200%). It was launched on Aug 10, 2022. HOOG is an actively managed fund by Leverage Shares. It was launched on Mar 20, 2025.
Performance
EVAV vs. HOOG - Performance Comparison
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EVAV vs. HOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares | 0.00% | 47.90% |
HOOG Leverage Shares 2X Long HOOD Daily ETF | -68.49% | 291.44% |
Returns By Period
EVAV
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOG
- 1D
- 12.50%
- 1M
- -20.36%
- YTD
- -68.49%
- 6M
- -83.51%
- 1Y
- 42.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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EVAV vs. HOOG - Expense Ratio Comparison
EVAV has a 0.98% expense ratio, which is higher than HOOG's 0.75% expense ratio.
Return for Risk
EVAV vs. HOOG — Risk / Return Rank
EVAV
HOOG
EVAV vs. HOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) 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.
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Sharpe Ratios by Period
| EVAV | HOOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.16 | — |
Correlation
The correlation between EVAV and HOOG is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
EVAV vs. HOOG - Dividend Comparison
EVAV's dividend yield for the trailing twelve months is around 0.81%, less than HOOG's 39.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EVAV Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares | 0.81% | 0.97% | 2.52% | 2.34% | 0.51% |
HOOG Leverage Shares 2X Long HOOD Daily ETF | 39.05% | 12.30% | 0.00% | 0.00% | 0.00% |
Drawdowns
EVAV vs. HOOG - Drawdown Comparison
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Drawdown Indicators
| EVAV | HOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -86.94% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -86.94% | — |
Current DrawdownCurrent decline from peak | — | -85.30% | — |
Average DrawdownAverage peak-to-trough decline | — | -29.96% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 41.02% | — |
Volatility
EVAV vs. HOOG - Volatility Comparison
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Volatility by Period
| EVAV | HOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 35.72% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 101.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 143.11% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 143.89% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 143.89% | — |