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Launched · SEC filings

Direxion Daily HOOD Bull 2X ETF

HODUNasdaqCThis 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.

$12.72+0.27 (+2.16%)

At close: Oct 13, 2026, 4:00 PM

C49/ 100

Rank 86 of 380 in Single-Stock Long Leveraged

C49/100Rank 86 of 380inSingle-Stock Long Leveraged
Intraday session: up, 64 prints from 12.45 to 12.72. Range 12.40 to 13.02. Use the arrow keys to read each point.12.6012.8012.9013.0010 AM12 PM2 PM4 PM
Expense ratio
0.99%
Fund size
$12M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
10
Avg volume · 30D
0.2M sh
NAV per share
$12.42
52W range
low $5.98high $35.58
Launched
Filings
SEC EDGAR

The ETF.net HODU Grade

Based on 5 of 6 pillars

C

Score 49 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
86 of 380
Six-pillar profile for HODU. Scores out of 100: Cost 51, Risk 43, Mission 96, Tradability 50, Holdings not scored, Durability 64. Strongest: Mission (96). Weakest: Risk (43). Based on 5 of 6 pillars.

Score 49 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.
    C51 out of 100
    Rank 168 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A96 out of 100
    Rank 34 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C43 out of 100
    Rank 211 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 174 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 102 of 380

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 Oct 13, 2026
Asset class
Stocks
Holdings
10
Top-10 weight
100%
Largest holding
Hood Swap Asset Leg (Hoodbcl)20.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Hood Swap Asset Leg (Hoodbcl)19.98%63,105$7M1
002—Hood Swap Asset Leg (Hoodmll)16.99%53,657$6M1
003—Hood Swap Asset Leg (Hoodnml)13.85%43,745$5M1
004—Goldman Finl Sq Trsry Inst 50610.33%3,557,838$4M98
005—Dreyfus Govt Cash Man Ins8.16%2,809,595$3M108
006—Hood Swap Asset Leg (Hoodctl)7.55%23,846$3M1
007HOODRobinhood Markets Inc - A7.42%23,431$3M337
008—Hood Swap Asset Leg (Hoodgsl)6.33%20,000$2M1
009—Goldman Sachs Fin Gov 465 Institut6.10%2,100,132$2M76
010—Dreyfus Trsry Securities Cash Mgmt3.28%1,129,740$1M84

Showing 1–10 of 10 holdings

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$5,590
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. HODU $5,590. SPY $11,500. Use the arrow keys to read each point.$2,071$7,299$12,528Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−44.1%
1 month−8.5%
3 months−18.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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−44.1%
2025−14.9%

Since listing, Nov 19, 2025

HODU in the news

Filtered to HODU · Single-Stock Long Leveraged

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

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.

HODU Cost

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

167 of the 333 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.

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