HOOG vs. COTG

Last updated Jun 4, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a correlation of -0.13, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

HOOG vs. COTG - 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 COST Daily ETF (COTG). 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 COTG's 17.32% return.

HOOG

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

COTG

• 1D: 1.39%
• 1M: -11.21%
• YTD: 17.32%
• 6M: 1.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. COTG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-60.40%	-28.01%
COTG Leverage Shares 2X Long COST Daily ETF	17.32%	-21.71%

Correlation

The correlation between HOOG and COTG is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025	-0.13

Return for Risk

HOOG vs. COTG — 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

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. COTG - 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 COST Daily ETF (COTG). 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	COTG	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	—	—
Sortino ratio: Return per unit of downside risk	0.64	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.34	—	—
Martin ratio: Return relative to average drawdown	-0.55	—	—
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	COTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	-0.28	+0.59

Drawdowns

HOOG vs. COTG - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for HOOG and COTG.

Drawdown Indicators

	HOOG	COTG	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-25.69%	-61.25%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	—	—
Current Drawdown Current decline from peak	-81.53%	-23.48%	-58.05%
Average Drawdown Average peak-to-trough decline	-37.56%	-8.35%	-29.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.22%	—	—

Volatility

Volatility by Period

	HOOG	COTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	100.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	137.15%	40.65%	+96.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.88%	40.65%	+104.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.88%	40.65%	+104.23%

HOOG vs. COTG - Expense Ratio Comparison

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

Dividends

HOOG vs. COTG - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 31.07%, while COTG has not paid dividends to shareholders.

Position	TTM	2025
COTG Leverage Shares 2X Long COST Daily ETF	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	31.07%	12.30%

Frequently Asked Questions

Can I hold both HOOG and COTG in my portfolio?

HOOG and COTG have a correlation of -0.13, 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 COTG?

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 COTG?

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

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

HOOG has the higher dividend yield at 31.07%, compared with 0.00% for COTG.