HOOG vs. BEG

Last updated Jun 23, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and BEG (Leverage Shares 2X Long BE Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

HOOG vs. BEG - 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 BE Daily ETF (BEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOG achieves a -37.65% return, which is significantly lower than BEG's 778.97% return.

HOOG

• 1D: -4.37%
• 1M: 92.50%
• YTD: -37.65%
• 6M: -47.26%
• 1Y: -5.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEG

• 1D: 10.53%
• 1M: 20.45%
• YTD: 778.97%
• 6M: 676.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. BEG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-37.65%	-5.54%
BEG Leverage Shares 2X Long BE Daily ETF	778.97%	1.77%

Correlation

The correlation between HOOG and BEG is 0.29, 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 Dec 16, 2025	0.29

Return for Risk

HOOG vs. BEG — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 12
HOOG Sharpe Ratio Rank: 8
HOOG Sortino Ratio Rank: 18
HOOG Omega Ratio Rank: 17
HOOG Calmar Ratio Rank: 8
HOOG Martin Ratio Rank: 8

BEG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. BEG - 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 BE Daily ETF (BEG). 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.

	HOOG	BEG	Difference
Sharpe ratio: Return per unit of total volatility	-0.04	—	—
Sortino ratio: Return per unit of downside risk	0.98	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	-0.07	—	—
Martin ratio: Return relative to average drawdown	-0.11	—	—

Drawdowns

HOOG vs. BEG - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, which is greater than BEG's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for HOOG and BEG.

Drawdown Indicators

	HOOG	BEG	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-59.85%	-27.09%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	—	—
Current Drawdown Current decline from peak	-70.92%	0.00%	-70.92%
Average Drawdown Average peak-to-trough decline	-38.94%	-16.76%	-22.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.79%	—	—

Volatility

Volatility by Period

	HOOG	BEG	Difference
Volatility (1M) Calculated over the trailing 1-month period	46.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	101.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	139.56%	212.53%	-72.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.89%	212.53%	-67.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.89%	212.53%	-67.64%

HOOG vs. BEG - Expense Ratio Comparison

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

Dividends

HOOG vs. BEG - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 19.73%, while BEG has not paid dividends to shareholders.

Position	TTM	2025
BEG Leverage Shares 2X Long BE Daily ETF	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	19.73%	12.30%

Frequently Asked Questions

Can I hold both HOOG and BEG in my portfolio?

HOOG and BEG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOG or BEG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOG or BEG?

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

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

HOOG has the higher dividend yield at 19.73%, compared with 0.00% for BEG.