Skip to content
etf.net

HIMZ

GradeDNASDAQ Global Select

Daily Target 2X Long HIMS ETF

Leveraged · Single-Stock Leveraged · Defiance · Inception 2025-03-12

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$26.30−2.85 (−9.78%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 13, 2025.
Intraday session: down, 55 prints from 29.15 to 26.30. Range 26.05 to 29.62. Use the arrow keys to read each point.$27.00$28.00$29.00$30.0010 AM12 PM2 PM4 PM
Expense ratio
1.33%
Fund size
$60M
1Y return
−91.0%
Yield · Last 12 months
Data unavailable
Holdings
11
Volume · 30D
0.7M sh
NAV per share
$27.24
52W range
low $12.38high $391.58

The ETF.net HIMZ Grade

D

35/ 100

Rank 233 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for HIMZ. Scores out of 100: Cost 23, Risk 21, Mission 99, Tradability 63, Holdings not scored, Durability 75. Strongest: Mission (99). Weakest: Risk (21). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 23
    Category rank290/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank10/147 · top 7%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 21
    Category rank267/285 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 63
    Category rank113/380 · top 30%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 75
    Category rank42/380 · top 11%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on HIMZ

ETF.net Research

DTwo times the daily move of Hims & Hers, one of the most argued-over stocks in telehealth. Defiance builds it with swaps and listed options, and the clock resets every close.

Stated mandate

The Fund seeks 2x the daily percentage change in Hims & Hers Health Inc.'s share price before fees and expenses. It uses swaps and/or listed options and targets this result only for a single trading day.

Why people hold it

  1. 01Does exactly the job on the tin: 2x the daily percentage change in HIMS before fees, with tracking that has stayed tight to that target.
  2. 02Geared HIMS exposure in one ticker, no margin account or options approval. As a 1940 Act fund, you cannot lose more than you put in.
  3. 03Actively traded for a young single-stock fund, which helps when you are moving in and out on the same day the strategy is built for.

Worth knowing

  1. 01At 1.29% a year it runs above the typical 2x single-stock fund, and well above peers like GGLL (0.96%) and UNHG (0.75%).
  2. 02The 2x target applies to one trading day. Hold longer through choppy stretches and compounding can pull results away from 2x the stock's move.
  3. 03One company, doubled. Every earnings surprise or regulatory headline at Hims & Hers hits twice as hard, and the fund only launched in 2025.

HIMZ Holdings

As of Sep 20, 2026, 5:08 AM
Asset class
Stocks
Holdings
11
Top-10 weight
277%
Largest holding
United States Treasury Bill 11/19/202676.4%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 11/19/202676.44%42,000,000$42M48
002—HIMS & HERS HEALTH, INC.-SWAP-MSCS-L52.29%1,020,000$29M1
003—HIMS & HERS HEALTH INC SWAP NOMURA23.98%467,742$13M1
004—HIMS & HERS HEALTH SWAP JNST-L23.54%459,090$13M1
005—HIMS & HERS HEALTH INC SWAP MAREX22.89%446,438$12M1
006—HIMS & HERS HEALTH INC COM? CS22.55%439,779$12M1
007—HIMS & HERS HEALTH INC SWAP NBC-L22.38%436,476$12M1
008—HIMS & HERS HEALTH INC COM SWAP CANTOR19.93%388,731$11M1
009—HIMS & HERS HEALTH INC SWAP BMO12.59%245,505$7M1
010—First American Government Obligations Fund 12/01/20310.27%144,681$145K625

Showing 1–10 of 10 holdings

HIMZ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

HIMZ$900
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. HIMZ $900. SPY $11,723. Use the arrow keys to read each point.$-487$6,091$12,669Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for HIMZ. Periods over one year show the average yearly return.
PeriodHIMZ
Year to date−64.0%
1 month−23.8%
3 months−37.5%
1 year−91.0%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for HIMZ
YearReturn barHIMZ
2026 YTD−64.0%
2025−65.2%

History from Mar 13, 2025

HIMZ in the news

ETF.net Research hasn’t filed on HIMZ yet — coverage lands here as it’s written.

HIMZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$1.97 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.97. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$1.97

HIMZ Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
219.5%
Annualised · 17 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.33
vs 3-month T-bills · 17 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−98.2%
18 months · trough Feb 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

HIMZ Cost

Expense ratio1.33%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

255 of the 329 Single-Stock Long Leveraged funds charge less.

HIMZ costs $133.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.