HOOG

Leverage Shares 2X Long HOOD Daily ETF

$77.22

+0.00%

Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The Leverage Shares 2X Long HOOD Daily ETF (HOOG) seeks to provide 2x the daily return of the Robinhood Markets, Inc. (HOOD) stock.

Overview

ETF tracking Leverage Shares 2X Long HOOD Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-21

Market Cap $51.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $8.66 - $129.73

VWAP $76.42

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long HOOD Daily ETF (HOOG) seeks to provide 2x the daily return of the Robinhood Markets, Inc. (HOOD) stock.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying HOOD stock. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

Provides 2x leveraged exposure to the daily performance of Robinhood Markets, Inc. stock
Resets leverage daily, which can lead to compounding effects over longer holding periods
Suitable for short-term, speculative trading rather than long-term investment
Has a very low asset base and may have limited liquidity

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large tracking errors and divergence from the 2x daily target over time
Liquidity risk due to low assets under management
Volatility risk inherent in the underlying Robinhood stock

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are looking for short-term, speculative exposure to the Robinhood stock. It is not suitable for long-term buy-and-hold investors.