VSTL vs. HOOG

Last updated Jul 11, 2026

VSTL (Defiance Daily Target 2X Long VST ETF) and HOOG (Leverage Shares 2X Long HOOD Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. VSTL charges 1.29%/yr vs 0.75%/yr for HOOG.

Performance

VSTL vs. HOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long VST ETF (VSTL) 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, VSTL achieves a -23.84% return, which is significantly higher than HOOG's -32.04% return.

VSTL

• 1D: 1.07%
• 1M: 12.67%
• 6M: -26.65%
• YTD: -23.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOOG

• 1D: -5.50%
• 1M: 41.33%
• 6M: -33.91%
• YTD: -32.04%
• 1Y: -32.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VSTL vs. HOOG - Yearly Performance Comparison

	2026 (YTD)	2025
VSTL Defiance Daily Target 2X Long VST ETF	-23.84%	-37.40%
HOOG Leverage Shares 2X Long HOOD Daily ETF	-32.04%	-10.51%

Correlation

The correlation between VSTL and HOOG is 0.30, 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 Jul 22, 2025	0.30

Return for Risk

VSTL vs. HOOG — Risk / Return Rank

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

VSTL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HOOG

HOOG Risk / Return Rank: 10
HOOG Sharpe Ratio Rank: 7
HOOG Sortino Ratio Rank: 15
HOOG Omega Ratio Rank: 14
HOOG Calmar Ratio Rank: 6
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.

VSTL vs. HOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long VST ETF (VSTL) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VSTL	HOOG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.24	—
Sortino ratio: Return per unit of downside risk	—	0.60	—
Omega ratio: Gain probability vs. loss probability	—	1.07	—
Calmar ratio: Return relative to maximum drawdown	—	-0.38	—
Martin ratio: Return relative to average drawdown	—	-0.56	—

Drawdowns

VSTL vs. HOOG - Drawdown Comparison

The maximum VSTL drawdown since its inception was -71.42%, smaller than the maximum HOOG drawdown of -86.94%. Use the drawdown chart below to compare losses from any high point for VSTL and HOOG.

Drawdown Indicators

	VSTL	HOOG	Difference
Max Drawdown Largest peak-to-trough decline	-71.42%	-86.94%	+15.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-86.94%	—
Current Drawdown Current decline from peak	-62.64%	-68.30%	+5.66%
Average Drawdown Average peak-to-trough decline	-42.41%	-40.20%	-2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	58.05%	—

Volatility

Volatility by Period

	VSTL	HOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	37.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	104.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	97.22%	138.25%	-41.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.22%	144.40%	-47.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.22%	144.40%	-47.18%

VSTL vs. HOOG - Expense Ratio Comparison

VSTL has a 1.29% expense ratio, which is higher than HOOG's 0.75% expense ratio.

Dividends

VSTL vs. HOOG - Dividend Comparison

VSTL has not paid dividends to shareholders, while HOOG's dividend yield for the trailing twelve months is around 18.10%.

Position	TTM	2025
HOOG Leverage Shares 2X Long HOOD Daily ETF	18.10%	12.30%
VSTL Defiance Daily Target 2X Long VST ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both VSTL and HOOG in my portfolio?

VSTL and HOOG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VSTL or HOOG?

On fees, HOOG 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, VSTL or HOOG?

HOOG is cheaper with a 0.75% expense ratio, compared with 1.29% for VSTL.

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

HOOG has the higher dividend yield at 18.10%, compared with 0.00% for VSTL.

What is the main difference between VSTL and HOOG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for VSTL and 0.75% for HOOG.