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Beacon

HOOXDefiance Daily Target 2X Long HOOD ETF

Take a bet1y track recordRanked #485 of 771 in this goal

Seeks daily investment results of 200% of the daily percentage change in the share price of Robinhood Markets, Inc.

By Defiance ETFs LLC · Launched 2025

Annual Cost

1.29%

#5,290 of 5,573 · expensive

Fund Size

$23M

#4,262 of 5,573 · small

Return (1Y)Goal

+5.1%

Track Record

1 year

#4,259 of 5,573 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,639-3.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Financials

What it actually holds

By weight

Concentration

Top 7 holdings = 19.5% of fund✓ well diversified

TREASURY BILL
12.4%
First American Government Obli
12.4%
N/A
-0.6%
N/A
-0.9%
N/A
-1.0%
N/A
-1.4%
N/A
-1.4%

Asset allocation

Other
120.3%
Stocks
74.3%

By sector

Financial Services
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
139.9%High

Year-on-year price swings

Max drawdown
-87.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 200% of the daily percentage change in the share price of Robinhood Markets, Inc.
Strategy
Actively managed ETF employing derivatives like swap agreements and options to achieve 2x daily exposure to Robinhood's share price. Utilizes short-dated in-the-money call options and may adjust strategies based on market conditions.
Inception date
March 18, 2025
Fund family
Defiance ETFs LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20