HOOW vs TDAX

HOOWCRoundhill HOOD WeeklyPay ETF

TDAXCTDAQ Lift ETF

In short

HOOW Most single-stock leverage funds swing 2x and reset every day. HOOW dials it to 1.2x on Robinhood shares, resets by the calendar week, and is built to pay out along the way.

TDAX Leverage with the volume turned down. TDAX aims for 130% of the daily move of TappAlpha's Nasdaq-100 daily-call income ETF, and it pays monthly. Fee is 0.97% net of a waiver through April 30, 2028, against 1.59% gross.

Stated mandate

HOOW The fund seeks weekly distributions and calendar-week returns equal to 1.2 times the weekly total return of Robinhood Markets common shares, before fees and expenses.

TDAX The fund seeks daily leveraged investment results by magnifying 130% of the daily performance of the TappAlpha Innovation 100 Growth & Daily Income ETF.

Why people hold it

• HOOW Leverage with the volume turned down: it targets 1.2 times Robinhood's weekly total return before fees, versus the 2x daily resets that dominate its peer group (GGLL, AAPU).
• Payouts are baked into the mandate, not an afterthought: the fund seeks weekly distributions alongside its weekly return target.
• At 0.99% a year, it undercuts the typical fee in the leveraged single-stock crowd.
• It trades actively for a fund this young, which usually means you are not fighting the spread to get in or out.

• TDAX The multiple is 130%, not 200% or 300%. Same daily-reset machinery as the 2x and 3x crowd, dialed to a gentler setting.sec.gov
• It levers a basket, not a single name: TDAQ holds Nasdaq-100 exposure and writes same-day calls, so one earnings miss doesn't own the whole trade.tappalphafunds.com
• At 0.97% net of a waiver through April 30, 2028, it sits under single-stock income peers AAPW and MSFW at 1.00% and TSYX at 0.98%, and near the category's typical fee.
• Distributions arrive monthly, carried up from the income engine underneath.tappalphafunds.com

Worth knowing

• HOOW One company, amplified. Exposure runs through synthetic positions on Robinhood shares, so the fund lives and dies with a single stock's news flow.
• The 1.2x math applies to a calendar week. Hold longer and compounding means your result can drift from 1.2 times the stock's move over that stretch.
• Launched in 2025, so the track record is short and the fund has not yet been tested across a full market cycle.

• TDAX Exposure resets each close. Over longer stretches your result is compounded daily moves, which the prospectus says will very likely differ from 130% of TDAQ's return.sec.gov
• TDAQ sells calls expiring the same day, which trims how much of a big up-move passes through. TDAX magnifies what's left, not the index's full move.tappalphafunds.com
• The 0.97% is net of a waiver running to April 30, 2028; the stated gross figure is 1.59%. Launched January 2026, so the live record is short.

Full HOOW profile⁠

Full TDAX profile⁠