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Launched · SEC filings

Direxion Daily HOOD Bull 2X ETF

HODUNasdaqDirexionCThis 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.

$7.07−0.23 (−3.13%)

At close: Nov 2, 2026, 4:00 PM ET

C50/ 100

Rank 85 of 380 in Single-Stock Long Leveraged

C50/100Rank 85 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 7.30 to 7.07. Range 7.02 to 7.67. Use the arrow keys to read each point.7.007.207.407.6010 AM12 PM2 PM4 PM
Expense ratio
0.97%*
Fund size
$9M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
149K sh
52W range
low $5.98high $35.58
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Sep 1, 2027. Without it: 0.99%.

The ETF.net HODU Grade

Based on 5 of 6 pillars

C

Score 50 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
85 of 380
Six-pillar profile for HODU. Scores out of 100: Cost 54, Risk 46, Mission 97, Tradability 41, Holdings not scored, Durability 64. Strongest: Mission (97). Weakest: Tradability (41). Based on 5 of 6 pillars.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C54 out of 100
    Rank 169 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 19 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 195 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 237 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 101 of 380

Our read on HODU

ETF.net Research

In short

CTwo times Robinhood's daily move, reset every single day. Direxion's HOOD bull fund is a short-hold trading instrument rather than a stake in the company, and it has stayed close to that daily target since its 2025 launch.

Stated mandate

The fund seeks daily investment results equal to 200% of the performance of Robinhood Markets, Inc. common shares, before fees and expenses.

Why people hold it

  • Does one job: 200% of HOOD's daily move, before fees. It has tracked that daily target closely, placing it in the upper tier of hundreds of leveraged single-stock funds.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the median fee for leveraged single-stock funds.
  • Comes from Direxion, where daily-reset leverage is the core business; HODU arrived in a 2025 batch alongside the firm's Coinbase, Oracle and Intel single-stock funds.direxion.com

Worth knowing

  • The 2X objective resets daily. Hold for weeks and the result follows the path HOOD took, not just where it landed; choppy stretches can grind the position down.direxion.com
  • The same 2x daily HOOD exposure exists cheaper: HOOX charges 0.68%, with no waiver propping up that number.
  • One company, doubled. A single earnings print or regulatory headline drives the whole position, and this is a young, smaller fund that only launched in late 2025.

HODU Performance

Launched Nov 19, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
HODU$3,279
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. HODU $3,279. SPY $11,169. Use the arrow keys to read each point.$5,000$10,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 HODU. Periods over one year show the average yearly return.
PeriodHODU
Year to date−67.2%
1 month−45.2%
3 months−16.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 HODU
YearReturn barHODU
2026 YTD−67.2%
2025−14.9%

Since listing, Nov 19, 2025

HODU in the news

HODU Dividends

Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.07; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06; Sep 22, 2026 $0.04. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 22, 2026Sep 29, 2026$0.04
Jun 23, 2026Jun 30, 2026$0.06
Mar 24, 2026Mar 31, 2026$0.07
Dec 23, 2025Dec 31, 2025$0.07

HODU Risk

Risk pillarC46 out of 100Rank 195 of 368 in Single-Stock Long Leveraged

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.
Launched Nov 2025; fills in after 12 months
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.
Launched Nov 2025; fills in after 12 months
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.
Launched Nov 2025; fills in after 12 months
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.
3.74
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.

FMP measures it over up to five years of monthly returns.

HODU Cost

Compare HODU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$14,043

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • HODU 0.97%

    $18,198

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • HODU 0.97%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530HODU $18,198GOGL $4,155

Year by year

YearHODUGOGLOverpaying
10$1,712$365$1,347
20$6,443$1,421$5,022
30$18,198$4,155$14,043
How the 0.97% is worked out

Full fee 0.99%− waiver 0.02%= you pay 0.97%

The waiver ends Sep 1, 2027. After that the fee is 0.99% unless Direxion renews it. Source: prospectus, Mar 2026.

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