HUTG vs. IFED

Last updated Jun 4, 2026

HUTG (Leverage Shares 2X Long HUT Daily ETF) and IFED (ETRACS IFED Invest with the Fed TR Index ETN) are both Leveraged Equities funds - HUTG tracks the Hut 8 Corp. (HUT) while IFED tracks the IFED Large-Cap US Equity Index - Benchmark TR Gross. Both are passively managed. At a 0.31 correlation, their price movements are largely independent. HUTG charges 0.75%/yr vs 0.45%/yr for IFED.

Performance

HUTG vs. IFED - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long HUT Daily ETF (HUTG) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HUTG

• 1D: -2.52%
• 1M: 150.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IFED

• 1D: -1.24%
• 1M: 4.85%
• YTD: -3.52%
• 6M: -3.51%
• 1Y: 1.97%
• 3Y*: 16.71%
• 5Y*: —
• 10Y*: —

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

HUTG vs. IFED - Yearly Performance Comparison

	2026 (YTD)
HUTG Leverage Shares 2X Long HUT Daily ETF	180.22%
IFED ETRACS IFED Invest with the Fed TR Index ETN	-3.94%

Correlation

The correlation between HUTG and IFED is 0.31, 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 Jan 14, 2026	0.31

Return for Risk

HUTG vs. IFED — Risk / Return Rank

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

IFED

IFED Risk / Return Rank: 10
IFED Sharpe Ratio Rank: 10
IFED Sortino Ratio Rank: 10
IFED Omega Ratio Rank: 10
IFED Calmar Ratio Rank: 10
IFED Martin Ratio Rank: 10

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.

HUTG vs. IFED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long HUT Daily ETF (HUTG) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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

	HUTG	IFED	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	6.18	0.65	+5.53

Drawdowns

HUTG vs. IFED - Drawdown Comparison

The maximum HUTG drawdown since its inception was -66.30%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for HUTG and IFED.

Drawdown Indicators

	HUTG	IFED	Difference
Max Drawdown Largest peak-to-trough decline	-66.30%	-22.36%	-43.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.65%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.36%	—
Current Drawdown Current decline from peak	-2.52%	-5.50%	+2.98%
Average Drawdown Average peak-to-trough decline	-26.80%	-5.84%	-20.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.75%	—

Volatility

Volatility by Period

	HUTG	IFED	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	220.40%	16.21%	+204.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	220.40%	19.88%	+200.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	220.40%	19.88%	+200.52%

HUTG vs. IFED - Expense Ratio Comparison

HUTG has a 0.75% expense ratio, which is higher than IFED's 0.45% expense ratio.

Dividends

HUTG vs. IFED - Dividend Comparison

Neither HUTG nor IFED has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both HUTG and IFED in my portfolio?

HUTG and IFED have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HUTG or IFED?

On fees, IFED is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HUTG or IFED?

IFED is cheaper with a 0.45% expense ratio, compared with 0.75% for HUTG.

Which ETF pays a higher dividend yield, HUTG or IFED?

HUTG and IFED have nearly identical dividend yields, around 0.00%.

What is the main difference between HUTG and IFED?

HUTG tracks Hut 8 Corp. (HUT), while IFED tracks IFED Large-Cap US Equity Index - Benchmark TR Gross. They also come from different issuers: Leverage Shares and UBS. Their fees differ too: 0.75% for HUTG and 0.45% for IFED.