HOOZDefiance Daily Target 2X Short HOOD ETF
The Defiance Daily Target 2X Short HOOD ETF seeks daily investment results that correspond to two times (200%) the inverse of the daily performance of the underlying security, which is the stock of Robinhood Markets, Inc. (HOOD).
Defiance ETFs LLC · Since 2025 (6 months)
0.01%
#9 out of 5,332 ETFs
$7M
#4692 out of 5,332 ETFs
—
6 months
#4949 out of 5,332 ETFs
Performance
1 Year
N/A
3 Years
N/A
5 Years
N/A
What's inside
Risk profile
N/A
-55.8%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged single-stock ETF — documented structural drag
Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.
Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)
Why we flagged this: strategy=leveraged + single_stock_wrapper
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05