HOOG vs. KORU

Last updated Jul 17, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and KORU (Direxion Daily MSCI South Korea Bull 3X Shares) are both exchange-traded funds - HOOG is a Leveraged Equities fund actively managed by Leverage Shares, while KORU is a South Korea Equities fund tracking the MSCI Korea 25/50 Index. HOOG is actively managed, while KORU is passively managed. Over the past year, HOOG returned -45.56% vs 347.48% for KORU. At a 0.38 correlation, their price movements are largely independent. HOOG charges 0.75%/yr vs 1.32%/yr for KORU.

Performance

HOOG vs. KORU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Direxion Daily MSCI South Korea Bull 3X Shares (KORU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOG achieves a -40.04% return, which is significantly lower than KORU's 105.44% return.

HOOG

• 1D: -16.65%
• 1M: 13.72%
• 6M: -36.00%
• YTD: -40.04%
• 1Y: -45.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KORU

• 1D: -14.72%
• 1M: -59.41%
• 6M: 40.56%
• YTD: 105.44%
• 1Y: 347.48%
• 3Y*: 53.48%
• 5Y*: -0.18%
• 10Y*: 4.90%

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

HOOG vs. KORU - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-40.04%	320.19%
KORU Direxion Daily MSCI South Korea Bull 3X Shares	105.44%	312.27%

Correlation

The correlation between HOOG and KORU is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025	0.38

Return for Risk

HOOG vs. KORU — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 8
HOOG Sharpe Ratio Rank: 6
HOOG Sortino Ratio Rank: 12
HOOG Omega Ratio Rank: 11
HOOG Calmar Ratio Rank: 5
HOOG Martin Ratio Rank: 6

KORU

KORU Risk / Return Rank: 84
KORU Sharpe Ratio Rank: 88
KORU Sortino Ratio Rank: 73
KORU Omega Ratio Rank: 80
KORU Calmar Ratio Rank: 93
KORU Martin Ratio Rank: 86

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. KORU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Direxion Daily MSCI South Korea Bull 3X Shares (KORU). 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	KORU	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	2.31	-2.64
Sortino ratio: Return per unit of downside risk	0.37	2.63	-2.26
Omega ratio: Gain probability vs. loss probability	1.04	1.37	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.53	4.97	-5.49
Martin ratio: Return relative to average drawdown	-0.78	14.03	-14.80

HOOG vs. KORU - Sharpe Ratio Comparison

The current HOOG Sharpe Ratio is -0.33, which is lower than the KORU Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of HOOG and KORU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HOOG vs. KORU - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, smaller than the maximum KORU drawdown of -95.79%. Use the drawdown chart below to compare losses from any high point for HOOG and KORU.

Drawdown Indicators

	HOOG	KORU	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-95.79%	+8.85%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	-70.51%	-16.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-73.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.79%	—
Current Drawdown Current decline from peak	-72.03%	-70.51%	-1.52%
Average Drawdown Average peak-to-trough decline	-40.55%	-57.39%	+16.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.70%	24.92%	+33.78%

Volatility

HOOG vs. KORU - Volatility Comparison

The current volatility for Leverage Shares 2X Long HOOD Daily ETF (HOOG) is 40.77%, while Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has a volatility of 70.60%. This indicates that HOOG experiences smaller price fluctuations and is considered to be less risky than KORU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOG	KORU	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.77%	70.60%	-29.83%
Volatility (6M) Calculated over the trailing 6-month period	106.02%	147.53%	-41.51%
Volatility (1Y) Calculated over the trailing 1-year period	139.20%	151.62%	-12.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.48%	94.03%	+50.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.48%	84.35%	+60.13%

HOOG vs. KORU - Expense Ratio Comparison

HOOG has a 0.75% expense ratio, which is lower than KORU's 1.32% expense ratio.

Dividends

HOOG vs. KORU - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 20.52%, more than KORU's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOOG Leverage Shares 2X Long HOOD Daily ETF	20.52%	12.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KORU Direxion Daily MSCI South Korea Bull 3X Shares	0.42%	0.89%	4.10%	2.55%	0.48%	0.76%	0.01%	0.93%	1.40%	3.59%

Frequently Asked Questions

Can I hold both HOOG and KORU in my portfolio?

HOOG and KORU have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOOG or KORU?

KORU has higher volatility (70.60%) compared to HOOG (40.77%). In terms of maximum drawdown, HOOG dropped -86.94% vs KORU's -95.79%.

Which ETF is better, HOOG or KORU?

On 1-year performance, KORU leads with 347.48% vs -45.56% for HOOG. On fees, HOOG is cheaper at 0.75% per year. On volatility, HOOG has been the lower-risk option at 40.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOOG or KORU?

Over the 1-year period, KORU has performed better with a 347.48% return vs -45.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HOOG or KORU?

HOOG is cheaper with a 0.75% expense ratio, compared with 1.32% for KORU.

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

HOOG has the higher dividend yield at 20.52%, compared with 0.42% for KORU.

What is the main difference between HOOG and KORU?

HOOG is categorized as Leveraged Equities, while KORU is South Korea Equities. They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for HOOG and 1.32% for KORU.

Which has better risk-adjusted returns?

KORU currently has the higher Sharpe Ratio (2.31 vs -0.33), 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.