# HOOX (Defiance Daily Target 2X Long HOOD ETF)

Defiance · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: HOOX returned −8.5% where its own daily promise gave −4.3%, 4.1 points short.

## Key facts

- HOOX, what HOOD did: +3.5%, as of Sep 30, 2026.
- HOOX, what 2 times a day gives: −4.3%, as of Sep 30, 2026.
- HOOX, what the fund returned: −8.5%, as of Sep 30, 2026.
- HOOX, the fund itself cost: −4.1 pts, as of Sep 30, 2026.
- HOOX, net assets: $29m (the issuer’s own daily fund list, as of Sep 30, 2026).
- HOOX, expense ratio: 1.32% (485BPOS XBRL, Aug 26, 2026).

## HOOX over each window to Sep 30, 2026

| Window | Fund | HOOD | +2x the move | Difference | HOOD moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +9.2% | +7.3% | +14.7% | −5.5 pts | 77% |
| 3 months | −8.5% | +3.5% | +7.1% | −15.6 pts | 71% |
| 6 months | +84.2% | +60.5% | +120.9% | −36.8 pts | 73% |
| 1 year | −69.4% | −21.4% | −42.9% | −26.5 pts | 72% |
| Since launch | +142.7% | +162.8% | not meaningful over this window | not meaningful over this window | 72% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of HOOD, reset daily | ETFIQ |
| Multiple a holder actually got over the window | HOOD moved +3.5% over this window, too little to read a multiple from | ETFIQ |
| Underlying | HOOD | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $29m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 1.32% | 485BPOS XBRL, Aug 26, 2026 |
| Launched | Mar 19, 2025 | ETFIQ |
| Underlying volatility over the window | 71% annualized | ETFIQ |

## Questions

### Did HOOX return +2 times HOOD?

Over the window to Sep 30, 2026, HOOD moved +3.5% and HOOX returned −8.5%. 2 times that move is +7.1%, so the fund came out 15.6 points short of it.

### Why does HOOX not return +2 times over a year?

Because it resets daily. HOOX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x HOOD ETF tracked its stated multiple most closely?

5 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, HOOX, data as of Sep 30, 2026. https://etfiq.com/funds/hoox
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/hoox  ·  JSON: https://etfiq.com/funds/hoox.json