HOOI vs. ABNG
HOOI (Defiance Leveraged Long + Income HOOD ETF) and ABNG (Leverage Shares 2x Long ABNB Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. HOOI charges 1.51%/yr vs 0.75%/yr for ABNG.
Performance
HOOI vs. ABNG - Performance Comparison
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Returns By Period
In the year-to-date period, HOOI achieves a -10.33% return, which is significantly higher than ABNG's -12.31% return.
HOOI
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -10.33%
- 6M
- -33.83%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABNG
- 1D
- -0.92%
- 1M
- -8.78%
- YTD
- -12.31%
- 6M
- 10.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOI vs. ABNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOI Defiance Leveraged Long + Income HOOD ETF | -10.33% | -12.08% |
ABNG Leverage Shares 2x Long ABNB Daily ETF | -12.31% | 30.68% |
Correlation
The correlation between HOOI and ABNG is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.01 |
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Return for Risk
HOOI vs. ABNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HOOD ETF (HOOI) and Leverage Shares 2x Long ABNB Daily ETF (ABNG). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| HOOI | ABNG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | -0.34 | 0.46 | -0.80 |
Drawdowns
HOOI vs. ABNG - Drawdown Comparison
The maximum HOOI drawdown since its inception was -58.34%, which is greater than ABNG's maximum drawdown of -33.03%. Use the drawdown chart below to compare losses from any high point for HOOI and ABNG.
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Drawdown Indicators
| HOOI | ABNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.34% | -33.03% | -25.31% |
Current DrawdownCurrent decline from peak | -57.31% | -17.35% | -39.96% |
Average DrawdownAverage peak-to-trough decline | -39.57% | -11.73% | -27.84% |
Volatility
HOOI vs. ABNG - Volatility Comparison
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Volatility by Period
| HOOI | ABNG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 88.80% | 63.13% | +25.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.80% | 63.13% | +25.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.80% | 63.13% | +25.67% |
HOOI vs. ABNG - Expense Ratio Comparison
HOOI has a 1.51% expense ratio, which is higher than ABNG's 0.75% expense ratio.
Dividends
HOOI vs. ABNG - Dividend Comparison
HOOI's dividend yield for the trailing twelve months is around 52.10%, while ABNG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
ABNG Leverage Shares 2x Long ABNB Daily ETF | 0.00% | 0.00% |
HOOI Defiance Leveraged Long + Income HOOD ETF | 52.10% | 41.26% |
Frequently Asked Questions
HOOI and ABNG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ABNG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ABNG is cheaper with a 0.75% expense ratio, compared with 1.51% for HOOI.
HOOI has the higher dividend yield at 52.10%, compared with 0.00% for ABNG.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.51% for HOOI and 0.75% for ABNG.
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