OKLL vs. HOOG

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Daily Target 2x Long OKLO ETF (OKLL) and Leverage Shares 2X Long HOOD Daily ETF (HOOG).

OKLL and HOOG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OKLL is an actively managed fund by Defiance. It was launched on Jun 23, 2025. HOOG is an actively managed fund by Leverage Shares. It was launched on Mar 20, 2025.

Performance

OKLL vs. HOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2x Long OKLO ETF (OKLL) and Leverage Shares 2X Long HOOD Daily ETF (HOOG). The values are adjusted to include any dividend payments, if applicable.

OKLL vs. HOOG - Yearly Performance Comparison

	2026 (YTD)	2025
OKLL Defiance Daily Target 2x Long OKLO ETF	-63.92%	-30.34%
HOOG Leverage Shares 2X Long HOOD Daily ETF	-68.49%	39.52%

Returns By Period

In the year-to-date period, OKLL achieves a -63.92% return, which is significantly higher than HOOG's -68.49% return.

OKLL

• 1D: 17.70%
• 1M: -42.27%
• YTD: -63.92%
• 6M: -89.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOG

• 1D: 12.50%
• 1M: -20.36%
• YTD: -68.49%
• 6M: -83.51%
• 1Y: 42.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKLL vs. HOOG - Expense Ratio Comparison

OKLL has a 1.31% expense ratio, which is higher than HOOG's 0.75% expense ratio.

OKLL

Defiance Daily Target 2x Long OKLO ETF

HOOG

Leverage Shares 2X Long HOOD Daily ETF

Return for Risk

OKLL vs. HOOG — Risk / Return Rank

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

HOOG

HOOG Risk / Return Rank: 34
HOOG Sharpe Ratio Rank: 21
HOOG Sortino Ratio Rank: 59
HOOG Omega Ratio Rank: 48
HOOG Calmar Ratio Rank: 23
HOOG Martin Ratio Rank: 19

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.

OKLL vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2x Long OKLO ETF (OKLL) and Leverage Shares 2X Long HOOD Daily ETF (HOOG). 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

	OKLL	HOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.41	0.16	-0.57

Correlation

The correlation between OKLL and HOOG is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OKLL vs. HOOG - Dividend Comparison

OKLL has not paid dividends to shareholders, while HOOG's dividend yield for the trailing twelve months is around 39.05%.

	TTM	2025
OKLL Defiance Daily Target 2x Long OKLO ETF	0.00%	0.00%
HOOG Leverage Shares 2X Long HOOD Daily ETF	39.05%	12.30%

Drawdowns

OKLL vs. HOOG - Drawdown Comparison

The maximum OKLL drawdown since its inception was -96.29%, which is greater than HOOG's maximum drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for OKLL and HOOG.

Drawdown Indicators

	OKLL	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-96.29%	-86.94%	-9.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-86.94%	—
Current Drawdown Current decline from peak	-95.64%	-85.30%	-10.34%
Average Drawdown Average peak-to-trough decline	-53.44%	-29.96%	-23.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.02%	—

Volatility

Volatility by Period

	OKLL	HOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	35.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	101.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	202.40%	143.11%	+59.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	202.40%	143.89%	+58.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	202.40%	143.89%	+58.51%