HOOX

Defiance Daily Target 2X Long HOOD ETF

$119.46

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Defiance Daily Target 2X Long HOOD ETF (HOOX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Robinhood Markets, Inc. (HOOD).

Overview

ETF tracking Defiance Daily Target 2X Long HOOD ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-19

Market Cap $18.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $13.72 - $201.84

VWAP $117.90

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as derivatives, to seek its daily 2x leveraged exposure to the HOOD stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x daily leveraged exposure to Robinhood Markets, Inc. stock
Resets exposure daily, not designed for long-term holding
Expense ratio of 0.00%
Very small fund with $0 in assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence from the target 2x daily performance of HOOD stock
Liquidity risk due to the small size of the fund
Concentration risk as the fund is focused on a single stock

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term, speculative exposure to the performance of Robinhood Markets, Inc. stock. It is not suitable for long-term or conservative investors.