HOOG vs. BMNU

Last updated Jun 5, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and BMNU (T-REX 2X Long BMNR Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. A 0.74 correlation means they provide meaningful diversification when combined. HOOG charges 0.75%/yr vs 1.50%/yr for BMNU.

Performance

HOOG vs. BMNU - Performance Comparison

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

Returns By Period

In the year-to-date period, HOOG achieves a -55.34% return, which is significantly higher than BMNU's -73.22% return.

HOOG

• 1D: 12.78%
• 1M: 23.20%
• YTD: -55.34%
• 6M: -70.69%
• 1Y: -21.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNU

• 1D: 10.82%
• 1M: -43.61%
• YTD: -73.22%
• 6M: -86.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. BMNU - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-55.34%	-28.74%
BMNU T-REX 2X Long BMNR Daily Target ETF	-73.22%	-81.57%

Correlation

The correlation between HOOG and BMNU is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	0.74

Return for Risk

HOOG vs. BMNU — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 11
HOOG Sharpe Ratio Rank: 7
HOOG Sortino Ratio Rank: 16
HOOG Omega Ratio Rank: 16
HOOG Calmar Ratio Rank: 7
HOOG Martin Ratio Rank: 7

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. BMNU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and T-REX 2X Long BMNR Daily Target ETF (BMNU). 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	BMNU	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	—	—
Sortino ratio: Return per unit of downside risk	0.76	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	-0.25	—	—
Martin ratio: Return relative to average drawdown	-0.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HOOG	BMNU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	-0.53	+0.94

Drawdowns

HOOG vs. BMNU - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, smaller than the maximum BMNU drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for HOOG and BMNU.

Drawdown Indicators

	HOOG	BMNU	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-97.05%	+10.11%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	—	—
Current Drawdown Current decline from peak	-79.17%	-96.73%	+17.56%
Average Drawdown Average peak-to-trough decline	-37.70%	-79.79%	+42.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.46%	—	—

Volatility

Volatility by Period

	HOOG	BMNU	Difference
Volatility (1M) Calculated over the trailing 1-month period	43.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	101.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	137.25%	187.61%	-50.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.07%	187.61%	-42.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.07%	187.61%	-42.54%

HOOG vs. BMNU - Expense Ratio Comparison

HOOG has a 0.75% expense ratio, which is lower than BMNU's 1.50% expense ratio.

Dividends

HOOG vs. BMNU - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 27.55%, while BMNU has not paid dividends to shareholders.

Position	TTM	2025
BMNU T-REX 2X Long BMNR Daily Target ETF	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	27.55%	12.30%

Frequently Asked Questions

Can I hold both HOOG and BMNU in my portfolio?

HOOG and BMNU have a correlation of 0.74, 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 BMNU?

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.

Which ETF is cheaper, HOOG or BMNU?

HOOG is cheaper with a 0.75% expense ratio, compared with 1.50% for BMNU.

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

HOOG has the higher dividend yield at 27.55%, compared with 0.00% for BMNU.

What is the main difference between HOOG and BMNU?

They also come from different issuers: Leverage Shares and REX. Their fees differ too: 0.75% for HOOG and 1.50% for BMNU.