HOOG vs. FUTG

Last updated Jun 4, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

HOOG vs. FUTG - 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 FUTU Daily ETF (FUTG). 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 higher than FUTG's -75.53% return.

HOOG

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

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-60.40%	-39.69%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between HOOG and FUTG is 0.54, 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 Oct 15, 2025	0.54

Return for Risk

HOOG vs. FUTG — 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. FUTG - 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 FUTU Daily ETF (FUTG). 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	FUTG	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	FUTG	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	-0.66	+0.97

Drawdowns

HOOG vs. FUTG - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, roughly equal to the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for HOOG and FUTG.

Drawdown Indicators

	HOOG	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-86.19%	-0.75%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	—	—
Current Drawdown Current decline from peak	-81.53%	-84.29%	+2.76%
Average Drawdown Average peak-to-trough decline	-37.56%	-40.35%	+2.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.22%	—	—

Volatility

Volatility by Period

	HOOG	FUTG	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%	136.01%	+1.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.88%	136.01%	+8.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.88%	136.01%	+8.87%

HOOG vs. FUTG - Expense Ratio Comparison

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

Dividends

HOOG vs. FUTG - Dividend Comparison

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

Position	TTM	2025
FUTG Leverage Shares 2X Long FUTU 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 FUTG in my portfolio?

HOOG and FUTG have a correlation of 0.54, 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 FUTG?

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 FUTG?

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

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

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