Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

HOOX vs ROBN: which held to its multiple?

Over the days both have traded, HOOX finished 6.8 points from its stated multiple and ROBN 6.5.

Defiance Daily Target 2X Long HOOD ETF and T-REX 2X LONG HOOD DAILY TARGET ETF, side by side, leveraged ETFs on ETFIQ.

+23.3%HOOX returned, 3 months
+23.7%ROBN returned, 3 months
−18.3 ptsHOOX from its stated multiple
−17.9 ptsROBN from its stated multiple

ETFIQ Decay Resistance Score: ROBN scores higher

Did it keep up with its own daily multiple, compounded day by day?

HOOX 9.1ROBN 11.40.1, the lowest in this set99.9, the highest

A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed

HOOX18.3 pts short of its label · 3 months to Sep 11, 2026
HOOD +20.8% ×2 implies+41.6%HOOX returned+23.3%HOOD +20.8% ×2 implies+41.6%HOOX returned+23.3%
ROBN17.9 pts short of its label · 3 months to Sep 11, 2026
HOOD +20.8% ×2 implies+41.6%ROBN returned+23.7%HOOD +20.8% ×2 implies+41.6%ROBN returned+23.7%

Performance, window by window

HOOX and ROBN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnMultiple would giveDifference
HOOXROBNHOOXROBNHOOXROBN
1 month+30.4%+30.7%+37.2%+37.2%−6.8 pts−6.5 pts
3 months+23.3%+23.7%+41.6%+41.6%−18.3 pts−17.9 pts
6 months+66.7%+67.5%+106.8%+106.8%−40.1 pts−39.3 pts
1 year−54.8%−54.0%−8.8%−8.8%−46.0 pts−45.2 pts
Since launch+148.8%+43.4%not meaningfulnot meaningfulnot meaningfulnot meaningful
Open the live comparison on ETFIQ
HOOX and ROBN on the same fields, as of Sep 11, 2026. Source: ETFIQ.
HOOX
Defiance Daily Target 2X Long HOOD ETF
Aims to return twice the daily move of Robinhood Markets (HOOD)
ROBN
T-REX 2X LONG HOOD DAILY TARGET ETF
Aims to return twice the daily move of Robinhood Markets (HOOD)
IssuerDefianceT-REX
Sets out to return+2x+2x
OnHOODHOOD
Segmentcompanycompany
Fund returned, 3 months+23.3%+23.7%
Underlying returned, 3 months+20.8%+20.8%
What the stated multiple implies, 3 months+41.6%+41.6%
Difference from stated, 3 months−18.3 pts−17.9 pts
Fund returned, 1 year or since launch−54.8%−54.0%
Difference from stated, over that window−46.0 pts−45.2 pts
Underlying volatility74%74%
Difference over the days both have traded−6.8 pts−6.5 pts
Expense ratio1.32%1.05%
LaunchedMar 19, 2025Jan 31, 2025

HOOX in plain words

Three months to Sep 11, 2026: HOOX returned +23.3% where its own daily promise gave +29.0%, 5.7 points short. Read the multiple against the whole window instead and +2 times HOOD's 20.8% implies +41.6%, which makes HOOX look 18.3 points short. 12.6 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. HOOX aims to return +2 times HOOD's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. HOOD moved at 74% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

ROBN in plain words

Three months to Sep 11, 2026: ROBN returned +23.7% where its own daily promise gave +29.0%, 5.3 points short. Read the multiple against the whole window instead and +2 times HOOD's 20.8% implies +41.6%, which makes ROBN look 17.9 points short. ROBN aims to return +2 times HOOD's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, HOOX or ROBN?
Over the window to Sep 11, 2026, HOOX finished 18.3 points from what its multiple implies and ROBN finished 17.9 points from its own, so ROBN came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are HOOX and ROBN levered on the same thing?
Yes. Both are levered on Robinhood Markets, HOOX at +2 times and ROBN at +2 times the daily move.
Which one decays faster, HOOX or ROBN?
Decay follows how much the underlying moves about. Over this window HOOX’s moved at 74% annualized and ROBN’s at 74%, so HOOX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold HOOX or ROBN for a year?
Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, HOOX or ROBN?
HOOX charges 1.32% a year and ROBN charges 1.05%, so ROBN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

HOOX against ROBN, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HOOX against ROBN, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/HOOX-ROBN Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources