PLTG vs. HOOI

Last updated Jun 4, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and HOOI (Defiance Leveraged Long + Income HOOD ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. PLTG charges 0.75%/yr vs 1.51%/yr for HOOI.

Performance

PLTG vs. HOOI - Performance Comparison

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

Returns By Period

In the year-to-date period, PLTG achieves a -47.23% return, which is significantly lower than HOOI's -10.33% return.

PLTG

• 1D: -13.32%
• 1M: -9.50%
• YTD: -47.23%
• 6M: -47.68%
• 1Y: -24.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOI

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

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

PLTG vs. HOOI - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-47.23%	10.52%
HOOI Defiance Leveraged Long + Income HOOD ETF	-10.33%	-14.45%

Correlation

The correlation between PLTG and HOOI is 0.33, 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	0.33

Return for Risk

PLTG vs. HOOI — Risk / Return Rank

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

PLTG

PLTG Risk / Return Rank: 8
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 11
PLTG Omega Ratio Rank: 11
PLTG Calmar Ratio Rank: 6
PLTG Martin Ratio Rank: 6

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.

PLTG vs. HOOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) and Defiance Leveraged Long + Income HOOD ETF (HOOI). 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.

	PLTG	HOOI	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	—	—
Sortino ratio: Return per unit of downside risk	0.34	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	-0.36	—	—
Martin ratio: Return relative to average drawdown	-0.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PLTG	HOOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.34	+0.33

Drawdowns

PLTG vs. HOOI - Drawdown Comparison

The maximum PLTG drawdown since its inception was -69.02%, which is greater than HOOI's maximum drawdown of -58.34%. Use the drawdown chart below to compare losses from any high point for PLTG and HOOI.

Drawdown Indicators

	PLTG	HOOI	Difference
Max Drawdown Largest peak-to-trough decline	-69.02%	-58.34%	-10.68%
Max Drawdown (1Y) Largest decline over 1 year	-69.02%	—	—
Current Drawdown Current decline from peak	-64.14%	-57.31%	-6.83%
Average Drawdown Average peak-to-trough decline	-30.36%	-39.57%	+9.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.15%	—	—

Volatility

Volatility by Period

	PLTG	HOOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.64%	—	—
Volatility (6M) Calculated over the trailing 6-month period	77.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	103.03%	88.80%	+14.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.00%	88.80%	+17.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.00%	88.80%	+17.20%

PLTG vs. HOOI - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than HOOI's 1.51% expense ratio.

Dividends

PLTG vs. HOOI - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 34.37%, less than HOOI's 52.10% yield.

Position	TTM	2025
HOOI Defiance Leveraged Long + Income HOOD ETF	52.10%	41.26%
PLTG Leverage Shares 2X Long PLTR Daily ETF	34.37%	18.14%

Frequently Asked Questions

Can I hold both PLTG and HOOI in my portfolio?

PLTG and HOOI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLTG or HOOI?

On fees, PLTG 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, PLTG or HOOI?

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

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

HOOI has the higher dividend yield at 52.10%, compared with 34.37% for PLTG.

What is the main difference between PLTG and HOOI?

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