Key stats
About Defiance Daily Target 2X Short HOOD ETF
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Inception date
Nov 12, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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
Identifiers
3
ISIN US88636W5287
HOOZ uses swap agreements to make bearish bets on Robinhood Markets, Inc.'s (NYSE: HOOD) share price. HOOD is a financial technology company that offers commission-free trading of stocks, ETFs, options, and cryptocurrencies through its mobile and web platforms. The fund maintains a daily leveraged exposure equivalent to -200% of the fund's net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if HOOD' performance strengthens. The fund is expected to invest in cash-like instruments as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash88.86%
Government10.46%
Mutual fund0.69%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HOOZ assets under management is 3.51 M USD. It's fallen 0.97% over the last month.
HOOZ fund flows account for 2.13 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, HOOZ doesn't pay dividends to its holders.
HOOZ shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Nov 12, 2025, and its management style is Active.
HOOZ expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
HOOZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HOOZ invests in cash.
HOOZ price has risen by 52.03% over the last month, and its yearly performance shows a 50.19% increase. See more dynamics on HOOZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 46.06% over the last month, showed a 46.06% increase in three-month performance and has increased by 46.06% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 46.06% over the last month, showed a 46.06% increase in three-month performance and has increased by 46.06% in a year.
HOOZ trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.