HOOG vs. HOOD
HOOG (Leverage Shares 2X Long HOOD Daily ETF) is Leveraged Equities fund actively managed by Leverage Shares, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, HOOG returned -5.85% vs 34.66% for HOOD. With a 1.00 correlation, they move nearly in lockstep.
Performance
HOOG vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, HOOG achieves a -37.65% return, which is significantly lower than HOOD's -6.53% return.
HOOG
- 1D
- -4.37%
- 1M
- 92.50%
- YTD
- -37.65%
- 6M
- -47.26%
- 1Y
- -5.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- -2.26%
- 1M
- 43.55%
- YTD
- -6.53%
- 6M
- -13.61%
- 1Y
- 34.66%
- 3Y*
- 123.33%
- 5Y*
- —
- 10Y*
- —
HOOG vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOG Leverage Shares 2X Long HOOD Daily ETF | -37.65% | 320.19% |
HOOD Robinhood Markets, Inc. | -6.53% | 159.05% |
Correlation
The correlation between HOOG and HOOD is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025 | 1.00 |
The correlation between HOOG and HOOD has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
HOOG vs. HOOD — Risk / Return Rank
HOOG
HOOD
HOOG vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.14 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.61 | -0.68 |
| Martin ratioReturn relative to average drawdown | -0.11 | 1.09 | -1.19 |
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Drawdowns
HOOG vs. HOOD - Drawdown Comparison
The maximum HOOG drawdown since its inception was -86.94%, roughly equal to the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for HOOG and HOOD.
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Drawdown Indicators
| HOOG | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.94% | -90.21% | +3.27% |
Max Drawdown (1Y)Largest decline over 1 year | -86.94% | -57.26% | -29.68% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.26% | — |
Current DrawdownCurrent decline from peak | -70.92% | -30.66% | -40.26% |
Average DrawdownAverage peak-to-trough decline | -38.94% | -60.74% | +21.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.79% | 32.02% | +23.77% |
Volatility
HOOG vs. HOOD - Volatility Comparison
Leverage Shares 2X Long HOOD Daily ETF (HOOG) has a higher volatility of 46.00% compared to Robinhood Markets, Inc. (HOOD) at 23.34%. This indicates that HOOG's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOOG | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 46.00% | 23.34% | +22.66% |
Volatility (6M)Calculated over the trailing 6-month period | 101.86% | 50.73% | +51.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 139.56% | 69.85% | +69.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 144.89% | 74.07% | +70.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.89% | 74.07% | +70.82% |
Dividends
HOOG vs. HOOD - Dividend Comparison
HOOG's dividend yield for the trailing twelve months is around 19.73%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% |
HOOG Leverage Shares 2X Long HOOD Daily ETF | 19.73% | 12.30% |
Frequently Asked Questions
With a correlation of 1.00, HOOG and HOOD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HOOG has higher volatility (46.00%) compared to HOOD (23.34%). In terms of maximum drawdown, HOOG dropped -86.94% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.50 vs -0.04), 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.
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