Data as of .
COHH vs COHQ: which held to its multiple?
COHH returns +2 times COHR each day and COHQ -2 times, and they share no window yet.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| COHH | COHQ | COHH | COHQ | COHH | COHQ | |
| 1 month | −31.8% | not published | −28.3% | not published | −3.5 pts | not published |
| 3 months | −53.6% | not published | −41.4% | not published | −12.2 pts | not published |
| Since launch | −55.5% | −6.6% | −36.7% | +0.7% | −18.8 pts | −7.3 pts |
| COHH Leverage Shares 2X Long COHR Daily ETF Aims to return twice the daily move of COHR | COHQ Tradr 2X Short COHR Daily ETF Aims to return twice the opposite of the daily move of COHR | |
|---|---|---|
| Issuer | Leverage Shares | Tradr |
| Sets out to return | +2x | -2x |
| On | COHR | COHR |
| Segment | company | company |
| Fund returned, 3 months | −53.6% | −6.6% |
| Underlying returned, 3 months | −20.7% | −0.3% |
| What the stated multiple implies, 3 months | −41.4% | +0.7% |
| Difference from stated, 3 months | −12.2 pts | −7.3 pts |
| Fund returned, 1 year or since launch | −55.5% | −6.6% |
| Difference from stated, over that window | −18.8 pts | −7.3 pts |
| Underlying volatility | 101% | 61% |
| Difference over the days both have traded | −3.5 pts | no shared window |
| Expense ratio | 0.75% | 1.49% |
| Launched | May 12, 2026 | Aug 18, 2026 |
COHH in plain words
Three months to Sep 11, 2026: COHH returned −53.6% where its own daily promise gave −51.7%, 1.9 points short. Read the multiple against the whole window instead and +2 times COHR's −20.7% implies −41.4%, which makes COHH look 12.2 points short. 10.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. COHH aims to return +2 times COHR's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. COHR moved at 101% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
COHQ in plain words
Since launch to Sep 11, 2026: COHQ returned −6.6% where its own daily promise gave −6.7%, 0.1 points over. Read the multiple against the whole window instead and −2 times COHR's −0.3% implies +0.7%, which makes COHQ look 7.3 points short. 7.4 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. COHQ aims to return -2 times COHR's move each day, then resets. Over longer, the daily results compound, so the total is not -2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. COHR moved at 61% annualized over that window.
Questions people ask
- Are COHH and COHQ levered on the same thing?
- Yes. Both are levered on COHR, COHH at +2 times and COHQ at -2 times the daily move.
- Can I hold COHH or COHQ for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, COHH or COHQ?
- COHH charges 0.75% a year and COHQ charges 1.49%, so COHH is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, COHH against COHQ, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/COHH-COHQ Free to use with attribution; the underlying files are at Open data.