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Launched

Daily Target 2X Long HOOD ETF

HOOXNasdaqDefianceBThis 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.

$19.16−0.61 (−3.06%)

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

B62/ 100

Rank 29 of 380 in Single-Stock Long Leveraged

B62/100Rank 29 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 19.77 to 19.16. Range 19.00 to 20.75. Use the arrow keys to read each point.19.5020.0020.5010 AM12 PM2 PM4 PM
Expense ratio
0.68%
Fund size
$8M
1Y total return
−83.3%
Yield · Last 12 months
No data
Holdings
9
Avg volume · 30D
41.3K sh
52W range
low $16.44high $138.81
Launched

The ETF.net HOOX Grade

Based on 5 of 6 pillars

B

Score 62 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
29 of 380
Six-pillar profile for HOOX. Scores out of 100: Cost 78, Risk 37, Mission 92, Tradability 55, Holdings not scored, Durability 65. Strongest: Mission (92). Weakest: Risk (37). Based on 5 of 6 pillars.

Score 62 of 100 falls in the B 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.
    A78 out of 100
    Rank 84 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A92 out of 100
    Rank 64 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 239 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 158 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.
    B65 out of 100
    Rank 88 of 380

Our read on HOOX

ETF.net Research

In short

BTwo times Robinhood's daily move, no margin account required. HOOX has been running this trade since March 2025 at 0.68%, the cheaper of the two 2x HOOD funds, with leverage that resets every trading day.

Stated mandate

The Fund seeks daily leveraged investment results equal to two times the daily percentage change in the share price of Robinhood Markets, Inc.

Why people hold it

  • Flat 0.68%, below the category median, with no waiver expiry to track. The other 2x HOOD fund, HODU, lists 0.99% gross and 0.97% net of a waiver through September 1, 2027.
  • Live since March 2025 and has hewed closely to its stated 2x daily target, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled HOOD exposure from a plain brokerage account: no margin agreement, no options chain, no financing to arrange. One ticker, one trade.nasdaq.comdefianceetfs.com

Worth knowing

  • The leverage resets daily. Hold past one session and compounding takes over, so multi-day results can land well off 2x the stock's move, especially in a choppy tape.defianceetfs.com
  • One stock, doubled. A Robinhood earnings print, a swing in trading volumes or a regulatory headline lands here at twice the force, in both directions.
  • A smaller, moderately traded fund rather than a liquidity giant, so bid-ask spreads can widen exactly when HOOD is moving fast.

HOOX Performance

Launched Mar 18, 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.
HOOX$1,667
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. HOOX $1,667. SPY $11,199. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 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 HOOX. Periods over one year show the average yearly return.
PeriodHOOX
Year to date−68.1%
1 month−45.6%
3 months−17.7%
1 year−83.3%
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 HOOX
YearReturn barHOOX
2026 YTD−68.1%
2025+313.9%

History from Mar 19, 2025

HOOX in the news

HOOX Dividends

Last payment
$8.76 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 $8.76. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$8.76

$10,000 in HOOX 1 year ago paid $651 in dividends.

HOOX Risk

Risk pillarD37 out of 100Rank 239 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.
146.9%
Annualised · 19 months to Oct 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.
0.74
vs 3-month T-bills · 19 months to Oct 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.
−87.1%
19 months · trough Mar 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.
6.69
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.

HOOX Cost

Compare HOOX and GOGL

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

$9,097

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

  • HOOX 0.68%

    $13,252

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • HOOX 0.68%
  • 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$15K051015202530HOOX $13,252GOGL $4,155

Year by year

YearHOOXGOGLOverpaying
10$1,215$365$850
20$4,633$1,421$3,212
30$13,252$4,155$9,097

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