HOOI vs. AMDG

Last updated Jun 4, 2026

HOOI (Defiance Leveraged Long + Income HOOD ETF) and AMDG (Leverage Shares 2X Long AMD Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.28 correlation, their price movements are largely independent. HOOI charges 1.51%/yr vs 0.75%/yr for AMDG.

Performance

HOOI vs. AMDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income HOOD ETF (HOOI) and Leverage Shares 2X Long AMD Daily ETF (AMDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOI achieves a -10.33% return, which is significantly lower than AMDG's 391.03% return.

HOOI

• 1D: 0.00%
• 1M: 0.00%
• YTD: -10.33%
• 6M: -33.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDG

• 1D: 7.70%
• 1M: 134.89%
• YTD: 391.03%
• 6M: 367.32%
• 1Y: 1,172.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOI vs. AMDG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%
AMDG Leverage Shares 2X Long AMD Daily ETF	391.03%	37.98%

Correlation

The correlation between HOOI and AMDG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.28

Return for Risk

HOOI vs. AMDG — Risk / Return Rank

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

AMDG

AMDG Risk / Return Rank: 96
AMDG Sharpe Ratio Rank: 99
AMDG Sortino Ratio Rank: 93
AMDG Omega Ratio Rank: 92
AMDG Calmar Ratio Rank: 99
AMDG Martin Ratio Rank: 97

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.

HOOI vs. AMDG - 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 AMD Daily ETF (AMDG). 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.

Sharpe Ratios by Period

	HOOI	AMDG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	9.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	3.36	-3.71

Drawdowns

HOOI vs. AMDG - Drawdown Comparison

The maximum HOOI drawdown since its inception was -58.34%, smaller than the maximum AMDG drawdown of -63.04%. Use the drawdown chart below to compare losses from any high point for HOOI and AMDG.

Drawdown Indicators

	HOOI	AMDG	Difference
Max Drawdown Largest peak-to-trough decline	-58.34%	-63.04%	+4.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.48%	—
Current Drawdown Current decline from peak	-57.31%	0.00%	-57.31%
Average Drawdown Average peak-to-trough decline	-39.57%	-25.70%	-13.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.80%	—

Volatility

Volatility by Period

	HOOI	AMDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	45.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	94.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	88.80%	129.64%	-40.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.80%	130.26%	-41.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.80%	130.26%	-41.46%

HOOI vs. AMDG - Expense Ratio Comparison

HOOI has a 1.51% expense ratio, which is higher than AMDG's 0.75% expense ratio.

Dividends

HOOI vs. AMDG - Dividend Comparison

HOOI's dividend yield for the trailing twelve months is around 52.10%, more than AMDG's 2.28% yield.

Position	TTM	2025
AMDG Leverage Shares 2X Long AMD Daily ETF	2.28%	11.21%
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%

Frequently Asked Questions

Can I hold both HOOI and AMDG in my portfolio?

HOOI and AMDG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOI or AMDG?

On fees, AMDG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HOOI or AMDG?

AMDG is cheaper with a 0.75% expense ratio, compared with 1.51% for HOOI.

Which ETF pays a higher dividend yield, HOOI or AMDG?

HOOI has the higher dividend yield at 52.10%, compared with 2.28% for AMDG.

What is the main difference between HOOI and AMDG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.51% for HOOI and 0.75% for AMDG.