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Defiance Daily Target 2X Long HOOD ETF

HOOX·NASDAQ
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Key Stats

Assets Under Management
15.68MUSD
Fund Flow (1Y)
12.72MUSD
Dividend Yield
23.04%
Discount / Premium to NAV
-0.16%
Shares Outstanding
400.00K
Expense Ratio
0.68%

About Defiance Daily Target 2X Long HOOD ETF

Issuer
Tidal Investments LLC
Brand
Defiance
Inception Date
Mar 18, 2025
Structure
Open-Ended Fund
ISIN
US88636Y4098
CFI Code
CEOJLS
Index Tracked
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Replication Strategy
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
HOOX uses swap agreements and short-dated listed call options to make bullish bets on Robinhood Markets, Inc. (ticker: HOOD) share price. HOOD is a financial services company known for its commission-free trading software application that allows users to invest in stocks, ETFs, options, and cryptocurrencies. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in HOOD's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. HOOX could potentially lose value over time, even if HOOD's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.

Classification

Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Investment Banking & Brokerage
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Asset

Holdings

Symbol

Ratio

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ROBINHOOD MKTS SWAP JNST-L

31.04%
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HOOD NOMURA

30.59%
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ROBINHOOD SWAP MAREX-L

29.45%
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ROBINHOOD MARKETS, INC.-SWAP-NBCB-L

29.09%
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ROBINHOOD MKTS INC SWAP BMO

28.31%

Symbol

Ratio

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ROBINHOOD MKTS SWAP CS

27.27%
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ROBINHOOD MKTS INC SWAP CANTOR

24.18%
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United States Treasury Bill 11/19/2026

19.00%
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First American Government Obligations Fund 12/01/2031

3.03%
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Cash & Other

-121.99%

Top 10 Weight 99.97%

10 Total Holdings

See all holdings

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