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Defiance Daily Target 2X Long HOOD ETF (HOOX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
32.30 USD +2.52 (8.465%) ⇧ (April 17, 2026, 4 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:46 a.m. EDT

Structural risk compounder with toxic leverage characteristics. The 2x Daily exposure makes HOOX a high-risk instrument where decay and volatility spikes will likely erode capital over multi-day periods, rendering the high yield (-) unsustainable and the long-term rating null. Avoid entirely; the leverage risk outweighs the upside potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.595903
AutoARIMA0.731437
AutoETS0.736259
MSTL0.738408

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 45%
H-stat 1.45
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.45
Attribute Value
Trailing P/E 16.54

As of April 19, 2026, 12:46 a.m. EDT: Options data presents a massive disconnect between IV and positioning. The 1-month ATM IV is extraordinarily high (at 4.84), while the 3-month ATM IV has virtually collapsed to 0.09. Crucially, there is significant OI in deep ITM puts across various tenors (e.g., 0.09 OI of $70M at $7.00 strike, 0.24 OI at $8.00, 212 OI at $32.00). This structure indicates a flat or risk-off sentiment; traders are buying protection deep in the money rather than betting on a crash, likely hedging against volatility decay (leverage risk) expected in a low-VIX environment. The 2x leverage creates a 'go with the flow' dynamic where long-term capital dampens activity to prevent being liquidated by daily drawdowns.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 8.757 13.538961
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 45.04

Info Dump

Attribute Value
All Time High 154.38
All Time Low 7.665
Ask 40.96
Ask Size 2
Average Daily Volume10 Day 189,260
Average Daily Volume3 Month 127,193
Average Volume 127,193
Average Volume10Days 189,260
Beta3 Year 0.0
Bid 24.3
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 34.06
Day Low 31.68
Dividend Yield 45.04
Eps Trailing Twelve Months 1.9525108
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.98104
Fifty Day Average Change 8.31996
Fifty Day Average Change Percent 0.3469391
Fifty Two Week Change Percent 144.01134
Fifty Two Week High 154.38
Fifty Two Week High Change -122.07901
Fifty Two Week High Change Percent -0.7907696
Fifty Two Week Low 12.8175
Fifty Two Week Low Change 19.483498
Fifty Two Week Low Change Percent 1.5200701
Fifty Two Week Range 12.8175 - 154.38
First Trade Date Milliseconds 1,742,391,000,000
Full Exchange Name NasdaqGM
Fund Family Defiance ETFs LLC
Fund Inception Date 1,742,256,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-19
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
Long Name Defiance Daily Target 2X Long HOOD ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1916035824
Nav Price 32.2733
Net Assets 10,498,985.0
Net Expense Ratio 1.29
Open 31.68
Previous Close 29.78
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 2.520998
Regular Market Change Percent 8.465406
Regular Market Day High 34.06
Regular Market Day Low 31.68
Regular Market Day Range 31.68 - 34.06
Regular Market Open 31.68
Regular Market Previous Close 29.78
Regular Market Price 32.301
Regular Market Time 1,776,456,000
Regular Market Volume 419,154
Short Name Defiance Daily Target 2X Long H
Source Interval 15
Symbol HOOX
Total Assets 10,498,985
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 16.543314
Trailing Peg Ratio None
Trailing Three Month Nav Returns -68.62578
Trailing Three Month Returns -68.62578
Triggerable 1
Two Hundred Day Average 71.94307
Two Hundred Day Average Change -39.64207
Two Hundred Day Average Change Percent -0.55102
Type Disp ETF
Volume 419,154
Yield 0.4504
Ytd Return -68.62578