ROBN vs. HOOG

Last updated Jun 4, 2026

ROBN (T-REX 2X Long HOOD Daily Target ETF) and HOOG (Leverage Shares 2X Long HOOD Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, ROBN returned -29.65% vs -21.60% for HOOG. With a 0.99 correlation, they move nearly in lockstep. ROBN charges 1.05%/yr vs 0.75%/yr for HOOG.

Performance

ROBN vs. HOOG - Performance Comparison

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

Returns By Period

In the year-to-date period, ROBN achieves a -60.08% return, which is significantly lower than HOOG's -55.34% return.

ROBN

• 1D: -12.05%
• 1M: 10.71%
• YTD: -60.08%
• 6M: -72.54%
• 1Y: -29.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOG

• 1D: 12.78%
• 1M: 23.20%
• YTD: -55.34%
• 6M: -70.69%
• 1Y: -21.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROBN vs. HOOG - Yearly Performance Comparison

	2026 (YTD)	2025
ROBN T-REX 2X Long HOOD Daily Target ETF	-60.08%	286.95%
HOOG Leverage Shares 2X Long HOOD Daily ETF	-55.34%	291.44%

Correlation

The correlation between ROBN and HOOG is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	0.99

The correlation between ROBN and HOOG has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

Return for Risk

ROBN vs. HOOG — Risk / Return Rank

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

ROBN

ROBN Risk / Return Rank: 10
ROBN Sharpe Ratio Rank: 7
ROBN Sortino Ratio Rank: 15
ROBN Omega Ratio Rank: 14
ROBN Calmar Ratio Rank: 6
ROBN Martin Ratio Rank: 6

HOOG

HOOG Risk / Return Rank: 11
HOOG Sharpe Ratio Rank: 7
HOOG Sortino Ratio Rank: 16
HOOG Omega Ratio Rank: 16
HOOG Calmar Ratio Rank: 7
HOOG Martin Ratio Rank: 7

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.

ROBN vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long HOOD Daily Target ETF (ROBN) 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.

	ROBN	HOOG	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	-0.16	-0.06
Sortino ratio: Return per unit of downside risk	0.64	0.76	-0.12
Omega ratio: Gain probability vs. loss probability	1.08	1.09	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.34	-0.25	-0.09
Martin ratio: Return relative to average drawdown	-0.56	-0.40	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ROBN vs. HOOG - Sharpe Ratio Comparison

The current ROBN Sharpe Ratio is -0.22, which is lower than the HOOG Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of ROBN and HOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ROBN	HOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	-0.16	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.41	-0.44

Drawdowns

ROBN vs. HOOG - Drawdown Comparison

The maximum ROBN drawdown since its inception was -86.84%, roughly equal to the maximum HOOG drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for ROBN and HOOG.

Drawdown Indicators

	ROBN	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-86.84%	-86.94%	+0.10%
Max Drawdown (1Y) Largest decline over 1 year	-86.84%	-86.94%	+0.10%
Current Drawdown Current decline from peak	-81.36%	-79.17%	-2.19%
Average Drawdown Average peak-to-trough decline	-43.20%	-37.70%	-5.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.11%	53.46%	-0.35%

Volatility

ROBN vs. HOOG - Volatility Comparison

T-REX 2X Long HOOD Daily Target ETF (ROBN) and Leverage Shares 2X Long HOOD Daily ETF (HOOG) have volatilities of 41.47% and 43.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROBN	HOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.47%	43.09%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	101.22%	101.33%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	137.84%	137.25%	+0.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	152.35%	145.07%	+7.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	152.35%	145.07%	+7.28%

ROBN vs. HOOG - Expense Ratio Comparison

ROBN has a 1.05% expense ratio, which is higher than HOOG's 0.75% expense ratio.

Dividends

ROBN vs. HOOG - Dividend Comparison

ROBN's dividend yield for the trailing twelve months is around 11.22%, less than HOOG's 27.55% yield.

Position	TTM	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	27.55%	12.30%
ROBN T-REX 2X Long HOOD Daily Target ETF	11.22%	4.48%

Frequently Asked Questions

Can I hold both ROBN and HOOG in my portfolio?

With a correlation of 0.99, ROBN and HOOG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ROBN or HOOG?

HOOG has higher volatility (43.09%) compared to ROBN (41.47%). In terms of maximum drawdown, ROBN dropped -86.84% vs HOOG's -86.94%.

Which ETF is better, ROBN or HOOG?

On 1-year performance, HOOG leads with -21.60% vs -29.65% for ROBN. On fees, HOOG is cheaper at 0.75% per year. On volatility, ROBN has been the lower-risk option at 41.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ROBN or HOOG?

Over the 1-year period, HOOG has performed better with a -21.60% return vs -29.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ROBN or HOOG?

HOOG is cheaper with a 0.75% expense ratio, compared with 1.05% for ROBN.

Which ETF pays a higher dividend yield, ROBN or HOOG?

HOOG has the higher dividend yield at 27.55%, compared with 11.22% for ROBN.

What is the main difference between ROBN and HOOG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.05% for ROBN and 0.75% for HOOG.

Which has better risk-adjusted returns?

HOOG currently has the higher Sharpe Ratio (-0.16 vs -0.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.