HOOG vs. IFED

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long HOOD Daily ETF (HOOG) and ETRACS IFED Invest with the Fed TR Index ETN (IFED).

HOOG and IFED are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOG is an actively managed fund by Leverage Shares. It was launched on Mar 20, 2025. IFED is a passively managed fund by UBS that tracks the performance of the IFED Large-Cap US Equity Index - Benchmark TR Gross. It was launched on Sep 14, 2021.

Performance

HOOG vs. IFED - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long HOOD Daily ETF (HOOG) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). The values are adjusted to include any dividend payments, if applicable.

HOOG vs. IFED - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-68.49%	291.44%
IFED ETRACS IFED Invest with the Fed TR Index ETN	-10.70%	15.98%

Returns By Period

In the year-to-date period, HOOG achieves a -68.49% return, which is significantly lower than IFED's -10.70% return.

HOOG

• 1D: 12.50%
• 1M: -20.36%
• YTD: -68.49%
• 6M: -83.51%
• 1Y: 42.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IFED

• 1D: 2.06%
• 1M: -5.98%
• YTD: -10.70%
• 6M: -11.02%
• 1Y: 5.41%
• 3Y*: 14.83%
• 5Y*: —
• 10Y*: —

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

HOOG vs. IFED - Expense Ratio Comparison

HOOG has a 0.75% expense ratio, which is higher than IFED's 0.45% expense ratio.

HOOG

Leverage Shares 2X Long HOOD Daily ETF

IFED

ETRACS IFED Invest with the Fed TR Index ETN

Return for Risk

HOOG vs. IFED — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 34
HOOG Sharpe Ratio Rank: 21
HOOG Sortino Ratio Rank: 59
HOOG Omega Ratio Rank: 48
HOOG Calmar Ratio Rank: 23
HOOG Martin Ratio Rank: 19

IFED

IFED Risk / Return Rank: 20
IFED Sharpe Ratio Rank: 19
IFED Sortino Ratio Rank: 19
IFED Omega Ratio Rank: 20
IFED Calmar Ratio Rank: 20
IFED Martin Ratio Rank: 21

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. IFED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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	IFED	Difference
Sharpe ratio Return per unit of total volatility	0.30	0.29	+0.01
Sortino ratio Return per unit of downside risk	1.49	0.52	+0.97
Omega ratio Gain probability vs. loss probability	1.18	1.07	+0.11
Calmar ratio Return relative to maximum drawdown	0.47	0.39	+0.08
Martin ratio Return relative to average drawdown	1.00	1.24	-0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOOG vs. IFED - Sharpe Ratio Comparison

The current HOOG Sharpe Ratio is 0.30, which is comparable to the IFED Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of HOOG and IFED, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HOOG	IFED	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	0.29	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.58	-0.42

Correlation

The correlation between HOOG and IFED is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HOOG vs. IFED - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 39.05%, while IFED has not paid dividends to shareholders.

	TTM	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	39.05%	12.30%
IFED ETRACS IFED Invest with the Fed TR Index ETN	0.00%	0.00%

Drawdowns

HOOG vs. IFED - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for HOOG and IFED.

Drawdown Indicators

	HOOG	IFED	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-22.36%	-64.58%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	-14.65%	-72.29%
Current Drawdown Current decline from peak	-85.30%	-12.52%	-72.78%
Average Drawdown Average peak-to-trough decline	-29.96%	-5.70%	-24.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.02%	4.64%	+36.38%

Volatility

HOOG vs. IFED - Volatility Comparison

Leverage Shares 2X Long HOOD Daily ETF (HOOG) has a higher volatility of 35.72% compared to ETRACS IFED Invest with the Fed TR Index ETN (IFED) at 4.91%. This indicates that HOOG's price experiences larger fluctuations and is considered to be riskier than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOG	IFED	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.72%	4.91%	+30.81%
Volatility (6M) Calculated over the trailing 6-month period	101.26%	10.83%	+90.43%
Volatility (1Y) Calculated over the trailing 1-year period	143.11%	18.80%	+124.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	143.89%	19.72%	+124.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	143.89%	19.72%	+124.17%