Which came closer to its stated multiple, HODU or HOOC?

Over the window to Sep 30, 2026, HODU finished 14.5 points from what its multiple implies and HOOC finished 5.2 points from its own, so HOOC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are HODU and HOOC levered on the same thing?

Yes. Both are levered on Robinhood Markets, HODU at +2 times and HOOC at +2 times the daily move.

Which one decays faster, HODU or HOOC?

Decay follows how much the underlying moves about. Over this window HODU’s moved at 71% annualized and HOOC’s at 77%, so HOOC has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold HODU or HOOC 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, HODU or HOOC?

HODU charges 0.97% a year and HOOC charges 0.45%, so HOOC is cheaper. Fees come from each fund's prospectus.

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HODU vs HOOC: which held to its multiple?

Over the days both have traded, HODU finished 5.3 points from its stated multiple and HOOC 5.2. Direxion Daily HOOD Bull 2X ETF and Corgi HOOD 2x Daily ETF.

−7.4%

HODU returned, 3 months

−12.1%

HOOC returned, since launch

−14.5 pts

HODU from its stated multiple

−13.0 pts

HOOC from its stated multiple

HODU · 3 months to Sep 30, 202614.5 pts short of its stated multiple

HODU returned −7.4% while 2 times HOOD's move would have been +7.1%

HOOC · 1 month to Sep 30, 20265.2 pts short of its stated multiple

HOOC returned +9.4% while 2 times HOOD's move would have been +14.7%

Performance, window by window

	Total return		Multiple would give		Difference
Window	HODU	HOOC	HODU	HOOC	HODU	HOOC
1 month	+9.4%	+9.4%	+14.7%	+14.7%	−5.3 pts	−5.2 pts
3 months	−7.4%	not published	+7.1%	not published	−14.5 pts	not published
6 months	+86.1%	not published	+120.9%	not published	−34.8 pts	not published
Since launch HODU Nov 2025 · HOOC Jul 2026	−49.1%	−12.1%	−9.6%	+0.9%	−39.5 pts	−13.0 pts

HODU and HOOC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

HODU

Direxion Daily HOOD Bull 2X ETF · Aims to return twice the daily move of Robinhood Markets (HOOD)

HOOC

Corgi HOOD 2x Daily ETF · Aims to return twice the daily move of Robinhood Markets (HOOD)

Issuer Direxion Corgi

Sets out to return +2x +2x

Underlying asset HOOD HOOD

Segment company company

Fund returned, 3 months or since launch −7.4% +9.4%

Underlying returned, over that window +3.5% +7.3%

What the stated multiple implies, over that window +7.1% +14.7%

Difference from stated, over that window −14.5 pts −5.2 pts

Fund returned, 1 year or since launch −49.1% −12.1%

Difference from stated, over that window −39.5 pts −13.0 pts

Underlying volatility 71% 77%

Difference over the days both have traded −5.3 pts −5.2 pts

Expense ratio 0.97% 0.45%

Launched Nov 19, 2025 Jul 10, 2026

Net assets $12m $310,033

HODU and HOOC on the same fields, as of Sep 30, 2026. Source: ETFIQ.

HODU in plain words

Three months to Sep 30, 2026: HODU returned −7.4% where its own daily promise gave −4.3%, 3.1 points short. Read the multiple against the whole window instead and 2 times HOOD's 3.5% implies +7.1%, which makes HODU look 14.5 points short. 11.4 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. HODU 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 71% 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.

HOOC in plain words

One month to Sep 30, 2026: HOOC returned +9.4% where its own daily promise gave +10.5%, 1.1 points short. Read the multiple against the whole window instead and 2 times HOOD's 7.3% implies +14.7%, which makes HOOC look 5.2 points short. 4.2 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. HOOC aims to return +2 times HOOD's move each day, then resets. HOOD moved at 77% annualized over that window.

Questions people ask

Which came closer to its stated multiple, HODU or HOOC?: Over the window to Sep 30, 2026, HODU finished 14.5 points from what its multiple implies and HOOC finished 5.2 points from its own, so HOOC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are HODU and HOOC levered on the same thing?: Yes. Both are levered on Robinhood Markets, HODU at +2 times and HOOC at +2 times the daily move.
Which one decays faster, HODU or HOOC?: Decay follows how much the underlying moves about. Over this window HODU’s moved at 71% annualized and HOOC’s at 77%, so HOOC has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold HODU or HOOC 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, HODU or HOOC?: HODU charges 0.97% a year and HOOC charges 0.45%, so HOOC is cheaper. Fees come from each fund's prospectus.

Other comparisons

HODU vs HOOG HODU vs HOOX HODU vs ROBN HOOC vs HOOG HOOC vs HOOX HOOC vs ROBN

HODU on its own →HOOC on its own →How every figure is computed →Standards and sources →

Where these figures came from

HODU filings on SEC EDGAR ↗HODU prospectus with the expense ratio (SEC) ↗Direxion website ↗HOOC filings on SEC EDGAR ↗HOOC prospectus with the expense ratio (SEC) ↗Corgi website ↗

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

Cite this page

ETFIQ, HODU against HOOC, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/hodu-vs-hooc

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.