{"url":"https://etfiq.com/compare/leverage/hoog-vs-hoox","section":"compare","title":"HOOG vs HOOX: which held to its multiple? | ETFIQ","description":"HOOG sets out to return +2 times HOOD each day and HOOX +2 times. Over the three months to Sep 30, 2026 they finished \u221215.3 pts and \u221215.6 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, HOOG or HOOX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, HOOG finished 15.3 points from what its multiple implies and HOOX finished 15.6 points from its own, so HOOG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are HOOG and HOOX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Robinhood Markets, HOOG at +2 times and HOOX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, HOOG or HOOX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window HOOG\u2019s moved at 71% annualized and HOOX\u2019s at 71%, so HOOG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold HOOG or HOOX for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, HOOG or HOOX?","acceptedAnswer":{"@type":"Answer","text":"HOOG charges 0.85% a year and HOOX charges 1.32%, so HOOG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"HOOG vs HOOX","item":"https://etfiq.com/compare/leverage/hoog-vs-hoox"}]},{"@type":"WebPage","name":"HOOG vs HOOX: which held to its multiple?","description":"HOOG sets out to return +2 times HOOD each day and HOOX +2 times. Over the three months to Sep 30, 2026 they finished \u221215.3 pts and \u221215.6 pts away.","url":"https://etfiq.com/compare/leverage/hoog-vs-hoox","dateModified":"2026-09-30","abstract":"Over the days both have traded, HOOG finished 5.5 points from its stated multiple and HOOX 5.5.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of HOOG and HOOX","description":"HOOG sets out to return +2 times HOOD each day and HOOX +2 times. Over the three months to Sep 30, 2026 they finished \u221215.3 pts and \u221215.6 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/hoog-vs-hoox","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6588,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / HOOG vs HOOX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n HOOG vs HOOX: which held to its multiple?\n\n Over the days both have traded, HOOG finished 5.5 points from its stated multiple and HOOX 5.5.\n Copy this for sharing \n \n Leverage Shares 2X Long HOOD Daily ETF and Defiance Daily Target 2X Long HOOD ETF.\n\n Download as PDF \n\n \u22128.2% HOOG returned, 3 months \n \u22128.5% HOOX returned, 3 months \n \u221215.3 pts HOOG from its stated multiple \n \u221215.6 pts HOOX from its stated multiple \n\n ETFIQ Decay Resistance Score: HOOG scores higher\n Did i","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/hoog-vs-hoox","a":{"ticker":"HOOG","name":"Leverage Shares 2X Long HOOD Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: HOOG returned \u22128.2% where its own daily promise gave \u22124.3%, 3.9 points short.","url":"https://etfiq.com/funds/hoog","key_facts":[{"label":"What HOOD did","value":"+3.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22128.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$56m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 27, 2026"}]},"b":{"ticker":"HOOX","name":"Defiance Daily Target 2X Long HOOD ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: HOOX returned \u22128.5% where its own daily promise gave \u22124.3%, 4.1 points short.","url":"https://etfiq.com/funds/hoox","key_facts":[{"label":"What HOOD did","value":"+3.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u22124.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u22128.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$29m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.32%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/hoog-vs-hoox"}