Daily Target 2X Long HOOD ETF (HOOX) Research
The Defiance Daily Target 2X Long HOOD ETF (referred to as "the Fund") aims to achieve daily returns equivalent to two hundred percent (200%) of the daily movement in Robinhood Markets, Inc.'s share price (Nasdaq: HOOD). Due to its daily leveraged strategy, the Fund differs considerably from typical exchange-traded funds, and there's no guarantee it will consistently achieve its stated aim. Crucially, its design means it should not be expected to mirror two times the cumulative return of HOOD over timelines longer than a single trading day.
Market snapshot
- Symbol
- HOOX
- Price
- $40.15
- Day change
- +5.64%
- Market cap
- $20.2M
- 52-week range
- 16.44-154.38
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
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