HOOG vs. RSBY

Last updated Jul 17, 2026

HOOG (Leverage Shares 2X Long HOOD Daily ETF) and RSBY (Return Stacked Bonds & Futures Yield ETF) are both exchange-traded funds - HOOG is a Leveraged Equities fund actively managed by Leverage Shares, while RSBY is a Multistrategy fund actively managed by Return Stacked. Both are actively managed. Over the past year, HOOG returned -45.56% vs 18.35% for RSBY. At a correlation of -0.17, they often move in opposite directions. HOOG charges 0.75%/yr vs 0.98%/yr for RSBY.

Performance

HOOG vs. RSBY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Return Stacked Bonds & Futures Yield ETF (RSBY). 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 RSBY's 19.01% return.

HOOG

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

RSBY

• 1D: -0.19%
• 1M: -0.03%
• 6M: 18.44%
• YTD: 19.01%
• 1Y: 18.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOG vs. RSBY - Yearly Performance Comparison

	2026 (YTD)	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	-40.04%	320.19%
RSBY Return Stacked Bonds & Futures Yield ETF	19.01%	-5.52%

Correlation

The correlation between HOOG and RSBY is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.20
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025	-0.17

Return for Risk

HOOG vs. RSBY — 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

RSBY

RSBY Risk / Return Rank: 56
RSBY Sharpe Ratio Rank: 61
RSBY Sortino Ratio Rank: 62
RSBY Omega Ratio Rank: 56
RSBY Calmar Ratio Rank: 58
RSBY Martin Ratio Rank: 42

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. RSBY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HOOD Daily ETF (HOOG) and Return Stacked Bonds & Futures Yield ETF (RSBY). 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	RSBY	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	1.62	-1.95
Sortino ratio: Return per unit of downside risk	0.37	2.34	-1.96
Omega ratio: Gain probability vs. loss probability	1.04	1.28	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.53	2.32	-2.84
Martin ratio: Return relative to average drawdown	-0.78	5.39	-6.17

HOOG vs. RSBY - Sharpe Ratio Comparison

The current HOOG Sharpe Ratio is -0.33, which is lower than the RSBY Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of HOOG and RSBY, 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. RSBY - Drawdown Comparison

The maximum HOOG drawdown since its inception was -86.94%, which is greater than RSBY's maximum drawdown of -23.32%. Use the drawdown chart below to compare losses from any high point for HOOG and RSBY.

Drawdown Indicators

	HOOG	RSBY	Difference
Max Drawdown Largest peak-to-trough decline	-86.94%	-23.32%	-63.62%
Max Drawdown (1Y) Largest decline over 1 year	-86.94%	-7.95%	-78.99%
Current Drawdown Current decline from peak	-72.03%	-6.07%	-65.96%
Average Drawdown Average peak-to-trough decline	-40.55%	-13.29%	-27.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.70%	3.41%	+55.29%

Volatility

HOOG vs. RSBY - Volatility Comparison

Leverage Shares 2X Long HOOD Daily ETF (HOOG) has a higher volatility of 40.77% compared to Return Stacked Bonds & Futures Yield ETF (RSBY) at 3.17%. This indicates that HOOG's price experiences larger fluctuations and is considered to be riskier than RSBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOOG	RSBY	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.77%	3.17%	+37.60%
Volatility (6M) Calculated over the trailing 6-month period	106.02%	8.39%	+97.63%
Volatility (1Y) Calculated over the trailing 1-year period	139.20%	11.40%	+127.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.48%	13.34%	+131.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.48%	13.34%	+131.14%

HOOG vs. RSBY - Expense Ratio Comparison

HOOG has a 0.75% expense ratio, which is lower than RSBY's 0.98% expense ratio.

Dividends

HOOG vs. RSBY - Dividend Comparison

HOOG's dividend yield for the trailing twelve months is around 20.52%, more than RSBY's 1.74% yield.

Position	TTM	2025	2024
HOOG Leverage Shares 2X Long HOOD Daily ETF	20.52%	12.30%	0.00%
RSBY Return Stacked Bonds & Futures Yield ETF	1.74%	2.07%	2.29%

Frequently Asked Questions

Can I hold both HOOG and RSBY in my portfolio?

HOOG and RSBY have a correlation of -0.20, 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 RSBY?

HOOG has higher volatility (40.77%) compared to RSBY (3.17%). In terms of maximum drawdown, HOOG dropped -86.94% vs RSBY's -23.32%.

Which ETF is better, HOOG or RSBY?

On 1-year performance, RSBY leads with 18.35% vs -45.56% for HOOG. On fees, HOOG is cheaper at 0.75% per year. On volatility, RSBY has been the lower-risk option at 3.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOOG or RSBY?

Over the 1-year period, RSBY has performed better with a 18.35% 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 RSBY?

HOOG is cheaper with a 0.75% expense ratio, compared with 0.98% for RSBY.

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

HOOG has the higher dividend yield at 20.52%, compared with 1.74% for RSBY.

What is the main difference between HOOG and RSBY?

HOOG is categorized as Leveraged Equities, while RSBY is Multistrategy. They also come from different issuers: Leverage Shares and Return Stacked. Their fees differ too: 0.75% for HOOG and 0.98% for RSBY.

Which has better risk-adjusted returns?

RSBY currently has the higher Sharpe Ratio (1.62 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.