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HODU

GradeCNASDAQ Global Market

Direxion Daily HOOD Bull 2X ETF

Leveraged · Single-Stock Leveraged · Direxion · Inception 2025-11-19 · SEC filings

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.

$16.27−0.05 (−0.31%)

As of Sep 23, 2026, 3:15 PM EDT

History starts Nov 19, 2025.History starts Nov 19, 2025.
Intraday session: down, 59 prints from 16.32 to 16.27. Range 16.20 to 16.88. Use the arrow keys to read each point.$16.40$16.60$16.8010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$12M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0.2M sh
NAV per share
$12.88
52W range
low $5.98high $35.58

The ETF.net HODU Grade

C

51/ 100

Rank 73 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for HODU. Scores out of 100: Cost 51, Risk 48, Mission 96, Tradability 55, Holdings not scored, Durability 64. Strongest: Mission (96). Weakest: Risk (48). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 of 100 sits in the C 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.
    CScore 51
    Category rank183/380 · top 48%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 96
    Category rank37/147 · top 25%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank146/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 55
    Category rank153/380 · top 40%

  • 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.
    BScore 64
    Category rank106/380 · top 28%

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

Our read on HODU

ETF.net Research

CRobinhood's stock, dialed to 2x for a single day. HODU aims for 200% of HOOD's daily move before fees, and it charges less than the only other fund running the same trade.

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

  1. 01Cheaper way to run the same trade: 0.99% a year against the 1.29% charged by HOOX, the only other 2x HOOD fund.direxion.com
  2. 02Does what the label says: 200% of Robinhood's daily move before fees and expenses, with close day-to-day fidelity to that mandate.
  3. 03Sits in the upper half of a crowded leveraged single-stock field, where fee level and tracking discipline do most of the separating.

Worth knowing

  1. 01Daily reset. Hold past one day and the result comes from compounding, not 2x the period move; choppy stretches can erode value even when HOOD round-trips.
  2. 02Launched in November 2025, so the record is short and the tape is moderate rather than deep. Spreads can run wider than on the megacap leveraged names.
  3. 03One stock, doubled. A single earnings print or headline hits this fund at twice Robinhood's daily magnitude, with no diversification to soften it.

HODU Holdings

As of Sep 22, 2026, 10:03 PM
Asset class
Stocks
Holdings
—
Top-10 weight
100%
Largest holding
HOOD SWAP ASSET LEG (HOODBCL)18.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—HOOD SWAP ASSET LEG (HOODBCL)18.87%63,105$8M1
002—HOOD SWAP ASSET LEG (HOODMLL)16.04%53,657$7M1
003—HOOD SWAP ASSET LEG (HOODNML)15.87%53,071$7M1
004—DREYFUS GOVT CASH MAN INS12.46%5,137,555$5M108
005—GOLDMAN FINL SQ TRSRY INST 5069.51%3,921,933$4M100
006—HOOD SWAP ASSET LEG (HOODCTL)7.13%23,846$3M1
007HOODROBINHOOD MARKETS INC - A6.35%21,247$3M331
008—HOOD SWAP ASSET LEG (HOODGSL)5.98%20,000$2M1
009—GOLDMAN SACHS FIN GOV 465 INSTITUT5.07%2,090,132$2M75
010—DREYFUS TRSRY SECURITIES CASH MGMT2.73%1,126,468$1M82

Showing 1–10 of 10 holdings

HODU Performance

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

HODU$7,312
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. HODU $7,312. SPY $11,430. Use the arrow keys to read each point.$2,071$7,299$12,528Dec 2025May 2026Sep 2026

Dec 31, 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 HODU. Periods over one year show the average yearly return.
PeriodHODU
Year to date−26.9%
1 month+23.9%
3 months+17.6%
1 yearFund is under 1 year old—
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 HODU
YearReturn barHODU
2026 YTD−26.9%
2025−14.9%

Since listing, Nov 19, 2025

HODU in the news

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

HODU 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
$0.06 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. 3 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.07; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 30, 2026$0.06
Mar 24, 2026Mar 31, 2026$0.07
Dec 23, 2025Dec 31, 2025$0.07

HODU 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.
—
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.
3.59
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.

HODU Cost

Expense ratio0.99%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

HODU costs $99.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.