HOOW vs. COTG

Last updated Jun 4, 2026

HOOW (Roundhill HOOD WeeklyPay ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.14, they often move in opposite directions. HOOW charges 0.99%/yr vs 0.75%/yr for COTG.

Performance

HOOW vs. COTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill HOOD WeeklyPay ETF (HOOW) and Leverage Shares 2X Long COST Daily ETF (COTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOOW achieves a -34.08% return, which is significantly lower than COTG's 17.32% return.

HOOW

• 1D: -7.51%
• 1M: 8.18%
• YTD: -34.08%
• 6M: -46.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COTG

• 1D: 1.39%
• 1M: -11.21%
• YTD: 17.32%
• 6M: 1.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOOW vs. COTG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOW Roundhill HOOD WeeklyPay ETF	-34.08%	-11.03%
COTG Leverage Shares 2X Long COST Daily ETF	17.32%	-21.71%

Correlation

The correlation between HOOW and COTG is -0.14, 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 (All Time) Calculated using the full available price history since Sep 19, 2025	-0.14

Return for Risk

HOOW vs. COTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill HOOD WeeklyPay ETF (HOOW) and Leverage Shares 2X Long COST Daily ETF (COTG). 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

	HOOW	COTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.28	+0.24

Drawdowns

HOOW vs. COTG - Drawdown Comparison

The maximum HOOW drawdown since its inception was -65.74%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for HOOW and COTG.

Drawdown Indicators

	HOOW	COTG	Difference
Max Drawdown Largest peak-to-trough decline	-65.74%	-25.69%	-40.05%
Current Drawdown Current decline from peak	-55.23%	-23.48%	-31.75%
Average Drawdown Average peak-to-trough decline	-29.13%	-8.35%	-20.78%

Volatility

Volatility by Period

	HOOW	COTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.86%	40.65%	+43.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.86%	40.65%	+43.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.86%	40.65%	+43.21%

HOOW vs. COTG - Expense Ratio Comparison

HOOW has a 0.99% expense ratio, which is higher than COTG's 0.75% expense ratio.

Dividends

HOOW vs. COTG - Dividend Comparison

HOOW's dividend yield for the trailing twelve months is around 163.90%, while COTG has not paid dividends to shareholders.

Position	TTM	2025
COTG Leverage Shares 2X Long COST Daily ETF	0.00%	0.00%
HOOW Roundhill HOOD WeeklyPay ETF	163.90%	67.92%

Frequently Asked Questions

Can I hold both HOOW and COTG in my portfolio?

HOOW and COTG have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOOW or COTG?

On fees, COTG 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, HOOW or COTG?

COTG is cheaper with a 0.75% expense ratio, compared with 0.99% for HOOW.

Which ETF pays a higher dividend yield, HOOW or COTG?

HOOW has the higher dividend yield at 163.90%, compared with 0.00% for COTG.

What is the main difference between HOOW and COTG?

They also come from different issuers: Roundhill and Leverage Shares. Their fees differ too: 0.99% for HOOW and 0.75% for COTG.