HOOG vs ROBN: which held to its multiple?
Over the days both have traded, HOOG finished 5.5 points from its stated multiple and ROBN 5.2. Leverage Shares 2X Long HOOD Daily ETF and T-REX 2X LONG HOOD DAILY TARGET ETF.
HOOG returned −8.2% while 2 times HOOD's move would have been +7.1%
ROBN returned −8.3% while 2 times HOOD's move would have been +7.1%
A percentile among the 470 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it → How it is computed →
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | HOOG | ROBN | HOOG | ROBN | HOOG | ROBN |
| 1 month | +9.1% | +9.5% | +14.7% | +14.7% | −5.5 pts | −5.2 pts |
| 3 months | −8.2% | −8.3% | +7.1% | +7.1% | −15.3 pts | −15.4 pts |
| 6 months | +83.7% | +84.5% | +120.9% | +120.9% | −37.2 pts | −36.5 pts |
| 1 year | −68.8% | −68.8% | −42.9% | −42.9% | −26.0 pts | −26.0 pts |
| Since launch HOOG Mar 2025 · ROBN Jan 2025 | +133.1% | +39.8% | not meaningful | not meaningful | not meaningful | not meaningful |
HOOG and ROBN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
HOOG and ROBN on the same fields, as of Sep 30, 2026. Source: ETFIQ.
HOOG in plain words
Three months to Sep 30, 2026: HOOG returned −8.2% where its own daily promise gave −4.3%, 3.9 points short. Read the multiple against the whole window instead and 2 times HOOD's 3.5% implies +7.1%, which makes HOOG look 15.3 points short. 11.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. HOOG aims to return +2 times HOOD'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. HOOD moved at 71% 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.
ROBN in plain words
Three months to Sep 30, 2026: ROBN returned −8.3% where its own daily promise gave −4.3%, 4.0 points short. Read the multiple against the whole window instead and 2 times HOOD's 3.5% implies +7.1%, which makes ROBN look 15.4 points short. ROBN aims to return +2 times HOOD's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, HOOG or ROBN?
- Over the window to Sep 30, 2026, HOOG finished 15.3 points from what its multiple implies and ROBN finished 15.4 points from its own, so HOOG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are HOOG and ROBN levered on the same thing?
- Yes. Both are levered on Robinhood Markets, HOOG at +2 times and ROBN at +2 times the daily move.
- Which one decays faster, HOOG or ROBN?
- Decay follows how much the underlying moves about. Over this window HOOG’s moved at 71% annualized and ROBN’s at 71%, so HOOG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold HOOG or ROBN 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.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, HOOG against ROBN, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/hoog-vs-robn
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, HOOG against ROBN, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/hoog-vs-robn Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, HOOG against ROBN, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/hoog-vs-robn
- APA
- ETFIQ. (Sep 30, 2026). HOOG against ROBN. Retrieved from https://etfiq.com/compare/leverage/hoog-vs-robn
- Markdown
- [HOOG against ROBN (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/hoog-vs-robn)