OSCG vs. HODU

Last updated Jun 4, 2026

OSCG (Leverage Shares 2X Long OSCR Daily ETF) and HODU (Direxion Daily HOOD Bull 2X ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. OSCG charges 0.75%/yr vs 0.97%/yr for HODU.

Performance

OSCG vs. HODU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long OSCR Daily ETF (OSCG) and Direxion Daily HOOD Bull 2X ETF (HODU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSCG achieves a 62.91% return, which is significantly higher than HODU's -60.56% return.

OSCG

• 1D: -5.93%
• 1M: 16.15%
• YTD: 62.91%
• 6M: 12.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HODU

• 1D: -12.12%
• 1M: 10.35%
• YTD: -60.56%
• 6M: -72.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OSCG vs. HODU - Yearly Performance Comparison

	2026 (YTD)	2025
OSCG Leverage Shares 2X Long OSCR Daily ETF	62.91%	-5.24%
HODU Direxion Daily HOOD Bull 2X ETF	-60.56%	-14.91%

Correlation

The correlation between OSCG and HODU is 0.38, 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 Nov 20, 2025	0.38

Return for Risk

OSCG vs. HODU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OSCR Daily ETF (OSCG) and Direxion Daily HOOD Bull 2X ETF (HODU). 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

	OSCG	HODU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.60	+0.59

Drawdowns

OSCG vs. HODU - Drawdown Comparison

The maximum OSCG drawdown since its inception was -71.31%, smaller than the maximum HODU drawdown of -81.62%. Use the drawdown chart below to compare losses from any high point for OSCG and HODU.

Drawdown Indicators

	OSCG	HODU	Difference
Max Drawdown Largest peak-to-trough decline	-71.31%	-81.62%	+10.31%
Current Drawdown Current decline from peak	-36.47%	-74.01%	+37.54%
Average Drawdown Average peak-to-trough decline	-37.25%	-56.30%	+19.05%

Volatility

Volatility by Period

	OSCG	HODU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	145.44%	146.22%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.44%	146.22%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.44%	146.22%	-0.78%

OSCG vs. HODU - Expense Ratio Comparison

OSCG has a 0.75% expense ratio, which is lower than HODU's 0.97% expense ratio.

Dividends

OSCG vs. HODU - Dividend Comparison

OSCG has not paid dividends to shareholders, while HODU's dividend yield for the trailing twelve months is around 1.58%.

Position	TTM	2025
HODU Direxion Daily HOOD Bull 2X ETF	1.58%	0.31%
OSCG Leverage Shares 2X Long OSCR Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both OSCG and HODU in my portfolio?

OSCG and HODU have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OSCG or HODU?

On fees, OSCG 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, OSCG or HODU?

OSCG is cheaper with a 0.75% expense ratio, compared with 0.97% for HODU.

Which ETF pays a higher dividend yield, OSCG or HODU?

HODU has the higher dividend yield at 1.58%, compared with 0.00% for OSCG.

What is the main difference between OSCG and HODU?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for OSCG and 0.97% for HODU.