HODU vs. COIG

Last updated Jun 5, 2026

HODU (Direxion Daily HOOD Bull 2X ETF) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. HODU charges 0.97%/yr vs 0.75%/yr for COIG.

Performance

HODU vs. COIG - Performance Comparison

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

Returns By Period

In the year-to-date period, HODU achieves a -55.24% return, which is significantly higher than COIG's -61.94% return.

HODU

• 1D: 13.50%
• 1M: 23.85%
• YTD: -55.24%
• 6M: -70.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COIG

• 1D: -0.23%
• 1M: -34.67%
• YTD: -61.94%
• 6M: -74.70%
• 1Y: -78.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HODU vs. COIG - Yearly Performance Comparison

	2026 (YTD)	2025
HODU Direxion Daily HOOD Bull 2X ETF	-55.24%	-14.91%
COIG Leverage Shares 2X Long COIN Daily ETF	-61.94%	-26.53%

Correlation

The correlation between HODU and COIG is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.83

Return for Risk

HODU vs. COIG — Risk / Return Rank

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

COIG

COIG Risk / Return Rank: 4
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 4
COIG Omega Ratio Rank: 5
COIG Calmar Ratio Rank: 2
COIG Martin Ratio Rank: 3

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.

HODU vs. COIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily HOOD Bull 2X ETF (HODU) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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

	HODU	COIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	-0.40	-0.17

Drawdowns

HODU vs. COIG - Drawdown Comparison

The maximum HODU drawdown since its inception was -81.62%, smaller than the maximum COIG drawdown of -92.06%. Use the drawdown chart below to compare losses from any high point for HODU and COIG.

Drawdown Indicators

	HODU	COIG	Difference
Max Drawdown Largest peak-to-trough decline	-81.62%	-92.06%	+10.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-92.06%	—
Current Drawdown Current decline from peak	-70.51%	-91.44%	+20.93%
Average Drawdown Average peak-to-trough decline	-56.41%	-51.83%	-4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	66.13%	—

Volatility

Volatility by Period

	HODU	COIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	100.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	146.90%	138.95%	+7.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.90%	146.21%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.90%	146.21%	+0.69%

HODU vs. COIG - Expense Ratio Comparison

HODU has a 0.97% expense ratio, which is higher than COIG's 0.75% expense ratio.

Dividends

HODU vs. COIG - Dividend Comparison

HODU's dividend yield for the trailing twelve months is around 1.39%, while COIG has not paid dividends to shareholders.

Position	TTM	2025
COIG Leverage Shares 2X Long COIN Daily ETF	0.00%	0.00%
HODU Direxion Daily HOOD Bull 2X ETF	1.39%	0.31%

Frequently Asked Questions

Can I hold both HODU and COIG in my portfolio?

HODU and COIG have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HODU or COIG?

On fees, COIG 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, HODU or COIG?

COIG is cheaper with a 0.75% expense ratio, compared with 0.97% for HODU.

Which ETF pays a higher dividend yield, HODU or COIG?

HODU has the higher dividend yield at 1.39%, compared with 0.00% for COIG.

What is the main difference between HODU and COIG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 0.97% for HODU and 0.75% for COIG.