Symbols

HOOX

·NASDAQ

--(--)

Key Stats

Assets Under Management

24.34MUSD

Fund Flows (1Y)

38.92MUSD

Dividend Yield

Discount/Premium to NAV

0.09%

Shares Outstanding

710.00K

Expense Ratio

1.31%

About Defiance Daily Target 2X Long HOOD ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/hoox/

Inception Date

Mar 18, 2025

Structure

Open-Ended Fund

Index Tracked

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

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	-14.62%	-18.31%	+368.44%	+368.44%	+368.44%	+368.44%
NAV Total Return	-0.95%	+10.85%	+1.13%	+1.13%	+1.13%	+1.13%

No data is currently available

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