HOOG vs. AMDG

Last updated Jun 4, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, HOOG returned -29.31% vs 1172.87% for AMDG. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

HOOG vs. AMDG - Performance Comparison

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

Returns By Period

In the year-to-date period, HOOG achieves a -60.40% return, which is significantly lower than AMDG's 391.03% return.

HOOG

• 1D: -12.13%
• 1M: 10.59%
• YTD: -60.40%
• 6M: -72.73%
• 1Y: -29.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDG

• 1D: 7.70%
• 1M: 134.89%
• YTD: 391.03%
• 6M: 367.32%
• 1Y: 1,172.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-60.40%	291.44%
AMDG Leverage Shares 2X Long AMD Daily ETF	391.03%	176.26%

Correlation

The correlation between HOOG and AMDG is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	0.45

Return for Risk

HOOG vs. AMDG — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 9
HOOG Sharpe Ratio Rank: 6
HOOG Sortino Ratio Rank: 14
HOOG Omega Ratio Rank: 13
HOOG Calmar Ratio Rank: 6
HOOG Martin Ratio Rank: 6

AMDG

AMDG Risk / Return Rank: 96
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 93
AMDG Omega Ratio Rank: 92
AMDG Calmar Ratio Rank: 99
AMDG Martin Ratio Rank: 97

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.

HOOG vs. AMDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Leverage Shares 2X Long AMD Daily ETF (AMDG). 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.

	HOOG	AMDG	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	9.15	-9.37
Sortino ratio: Return per unit of downside risk	0.64	4.75	-4.11
Omega ratio: Gain probability vs. loss probability	1.07	1.63	-0.56
Calmar ratio: Return relative to maximum drawdown	-0.34	20.99	-21.33
Martin ratio: Return relative to average drawdown	-0.55	41.10	-41.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOOG vs. AMDG - Sharpe Ratio Comparison

The current HOOG Sharpe Ratio is -0.22, which is lower than the AMDG Sharpe Ratio of 9.15. The chart below compares the historical Sharpe Ratios of HOOG and AMDG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HOOG	AMDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	9.15	-9.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	3.36	-3.06

Drawdowns

HOOG vs. AMDG - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, which is greater than AMDG's maximum drawdown of -63.04%. Use the drawdown chart below to compare losses from any high point for HOOG and AMDG.

Drawdown Indicators

	HOOG	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-63.04%	-23.90%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	-56.48%	-30.46%
Current Drawdown Current decline from peak	-81.53%	0.00%	-81.53%
Average Drawdown Average peak-to-trough decline	-37.56%	-25.70%	-11.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.22%	28.80%	+24.42%

Volatility

HOOG vs. AMDG - Volatility Comparison

The current volatility for Leverage Shares 2X Long HOOD Daily ETF (HOOG) is 41.51%, while Leverage Shares 2X Long AMD Daily ETF (AMDG) has a volatility of 45.35%. This indicates that HOOG experiences smaller price fluctuations and is considered to be less risky than AMDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOG	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.51%	45.35%	-3.84%
Volatility (6M) Calculated over the trailing 6-month period	100.64%	94.94%	+5.70%
Volatility (1Y) Calculated over the trailing 1-year period	137.15%	129.64%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.88%	130.26%	+14.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.88%	130.26%	+14.62%

HOOG vs. AMDG - Expense Ratio Comparison

Both HOOG and AMDG have an expense ratio of 0.75%.

Dividends

HOOG vs. AMDG - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 31.07%, more than AMDG's 2.28% yield.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.28%	11.21%
HOOG Leverage Shares 2X Long HOOD Daily ETF	31.07%	12.30%

Frequently Asked Questions

Can I hold both HOOG and AMDG in my portfolio?

HOOG and AMDG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOOG or AMDG?

AMDG has higher volatility (45.35%) compared to HOOG (41.51%). In terms of maximum drawdown, HOOG dropped -86.94% vs AMDG's -63.04%.

Which ETF is better, HOOG or AMDG?

On 1-year performance, AMDG leads with 1172.87% vs -29.31% for HOOG. Both ETFs have the same 0.75% expense ratio. On volatility, HOOG has been the lower-risk option at 41.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOOG or AMDG?

Over the 1-year period, AMDG has performed better with a 1172.87% return vs -29.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HOOG or AMDG?

HOOG and AMDG have the same expense ratio: 0.75% per year.

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

HOOG has the higher dividend yield at 31.07%, compared with 2.28% for AMDG.

Which has better risk-adjusted returns?

AMDG currently has the higher Sharpe Ratio (9.15 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.