HOOX
Defiance Daily Target 2X Long HOOD ETF·NASDAQ
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Key Stats
Assets Under Management
8.65MUSD
Fund Flows (1Y)
39.31MUSD
Dividend Yield
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Discount/Premium to NAV
0.01%
Shares Outstanding
850.00K
Expense Ratio
1.31%
About Defiance Daily Target 2X Long HOOD ETF
Issuer
Tidal Investments LLC
Brand
Defiance
Home Page
Inception Date
Mar 18, 2025
Structure
Open-Ended Fund
Index Tracked
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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
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -55.96% | -72.64% | -52.67% | +93.18% | +93.18% | +93.18% |
NAV Total Return | -66.42% | -75.65% | -62.73% | +1.13% | +1.13% | +1.13% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Financial Services
100.00%
Financial Services
100.00%
Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
ROBINHOOD MKTS INC SWAP BMO
64.38%
HOOD NOMURA
51.72%
ROBINHOOD SWAP MAREX-L
30.16%
ROBINHOOD MKTS INC SWAP CANTOR
27.07%
ROBINHOOD MKTS SWAP CS
26.60%
United States Treasury Bill 02/19/2026
20.94%
First American Government Obligations Fund 12/01/2031
1.49%
Cash & Other
-122.58%
Top 10 Weight 99.78%
8 Total Holdings
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Dividends
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How Much Does HOOX Pay in Dividends?
Premium/Discount Chart
Assets Under Management
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Fund Flows
