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HOOG vs. HOOD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HOOG vs. HOOD - Performance Comparison

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

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Returns By Period

In the year-to-date period, HOOG achieves a -60.99% return, which is significantly lower than HOOD's -23.47% return.


HOOG

1D
-0.05%
1M
-43.77%
6M
-47.78%
YTD
-60.99%
1Y
-61.45%
3Y*
5Y*
10Y*
ALL TIME*
43.80%

HOOD

1D
-0.05%
1M
-23.21%
6M
-12.99%
YTD
-23.47%
1Y
-13.35%
3Y*
88.76%
5Y*
19.75%
10Y*
ALL TIME*
17.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$1.93B$2.33B$2.54B
$9.83M$14.42M$16.77M

HOOG vs. HOOD - Yearly Performance Comparison


2026 (YTD)2025
HOOG
Leverage Shares 2X Long HOOD Daily ETF
-60.99%320.19%
HOOD
Robinhood Markets, Inc.
-23.47%159.05%

Correlation

The correlation between HOOG and HOOD is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

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

Compare historical risk-adjusted metric ranks over the past 12 months.

HOOG
HOOG Risk / Return Rank: 66
Overall Rank
HOOG Sharpe Ratio Rank: 55
Sharpe Ratio Rank
HOOG Sortino Ratio Rank: 99
Sortino Ratio Rank
HOOG Omega Ratio Rank: 99
Omega Ratio Rank
HOOG Calmar Ratio Rank: 33
Calmar Ratio Rank
HOOG Martin Ratio Rank: 44
Martin Ratio Rank

HOOD
HOOD Risk / Return Rank: 3636
Overall Rank
HOOD Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
HOOD Sortino Ratio Rank: 3737
Sortino Ratio Rank
HOOD Omega Ratio Rank: 3636
Omega Ratio Rank
HOOD Calmar Ratio Rank: 3535
Calmar Ratio Rank
HOOD Martin Ratio Rank: 3636
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.


HOOGHOODDifference
Sharpe ratioReturn per unit of total volatility

-0.23

Sortino ratioReturn per unit of downside risk

-0.18

Omega ratioGain probability vs. loss probability

1.00

1.02

-0.02

Calmar ratioReturn relative to maximum drawdown

-0.74

-0.28

-0.45

Martin ratioReturn relative to average drawdown

-1.05

-0.47

-0.57

HOOG vs. HOOD - Sharpe Ratio Comparison

The current HOOG Sharpe Ratio is -0.46, which is lower than the HOOD Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of HOOG and HOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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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


HOOGHOODDifference

Max Drawdown

Largest 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%

Max Drawdown (5Y)

Largest decline over 5 years

-90.21%

Current Drawdown

Current decline from peak

-81.80%

-43.22%

-38.58%

Average Drawdown

Average peak-to-trough decline

-41.73%

-60.10%

+18.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

60.82%

33.81%

+27.01%

Volatility

HOOG vs. HOOD - Volatility Comparison

Leverage Shares 2X Long HOOD Daily ETF (HOOG) has a higher volatility of 35.80% compared to Robinhood Markets, Inc. (HOOD) at 17.67%. 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


HOOGHOODDifference

Volatility (1M)

Calculated over the trailing 1-month period

35.80%

17.67%

+18.13%

Volatility (6M)

Calculated over the trailing 6-month period

107.69%

53.55%

+54.14%

Volatility (1Y)

Calculated over the trailing 1-year period

140.37%

70.22%

+70.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

144.04%

73.87%

+70.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

144.04%

73.91%

+70.13%

Dividends

HOOG vs. HOOD - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 31.54%, while HOOD has not paid dividends to shareholders.


PositionTTM2025
HOOD
Robinhood Markets, Inc.
0.00%0.00%
HOOG
Leverage Shares 2X Long HOOD Daily ETF
31.54%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 (35.80%) compared to HOOD (17.67%). In terms of maximum drawdown, HOOG dropped -86.94% vs HOOD's -90.21%.

HOOD currently has the higher Sharpe Ratio (-0.23 vs -0.46), 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.

Portfolio Optimizer

Find the right allocation for HOOG and HOOD

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