HOOI
Defiance Leveraged Long Income HOOD ETF
📎 Investment Objective
The Defiance Leveraged Long Income HOOD ETF (HOOI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Leveraged Long Income HOOD Index.
Overview
ETF tracking Defiance Leveraged Long Income HOOD ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance Leveraged Long Income HOOD ETF (HOOI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Leveraged Long Income HOOD Index.
🎯 Investment Strategy
The ETF uses a passive management (or index-tracking) investment strategy designed to track the performance of the underlying index. The index is composed of securities that provide exposure to the long-term income segment of the equity market.
✨ Key Features
- Provides exposure to long-term income-generating equities
- Utilizes leverage to potentially enhance returns
- Passively tracks the Defiance Leveraged Long Income HOOD Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Leveraged funds can magnify gains and losses, increasing volatility
- Concentration in a specific market segment may increase risk
- Passive index-tracking approach limits active management
- Low assets under management may impact liquidity
👤 Best For
This ETF may be suitable for investors seeking exposure to long-term income-generating equities with the potential for enhanced returns through leverage. However, the leveraged nature of the fund makes it a higher-risk investment, so it is best suited for experienced investors with a higher risk tolerance and longer investment horizon.