HOOX | Defiance Daily Target 2X Long HOOD ETF
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Defiance Daily Target 2X Long HOOD ETF

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HOOX, Daily Target 2X Long HOOD (Robinhood Markets, Inc) ETF

The Defiance Daily Target 2X Long HOOD ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Robinhood Markets, Inc. (Nasdaq: HOOD) (the “Underlying Security” or “HOOD”). Because the Fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage. There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of HOOD for periods greater than a day.

Underlying Security: Robinhood Markets, Inc (HOOD)

Robinhood Markets, Inc. (“HOOD”) HOOD is a financial services company known for its commission-free trading software application that allows users to invest in stocks, ETFs, options, and cryptocurrencies. HOOD is listed on the Nasdaq Stock Market (“Nasdaq”). Per HOOD’s most recent Form 10-K filing, the aggregate market value of the voting and nonvoting common stock held by non-affiliates of HOOD (based on the last reported sale price of its class A common stock on June 30, 2024 on the Nasdaq Global Select Market) was approximately $16.3 billion.

The Fund may not achieve investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the underlying security, and may return substantially less during such periods. During such periods, the Fund’s actual leverage levels may differ substantially from its intended target, both intraday and at the close of trading, potentially resulting in significantly lower returns.

Fund Details

 Data as of 05/13/2025
Net Assets $8.30M
Premium/discount -1.70%
NAV $41.52
Closing Price $40.81
Shares Outstanding 200,000
Median 30 Day Spread 0.48%
Fund inception 03/18/2025
Ticker HOOX
Primary Exchange NASDAQ
CUSIP 88636R198
Fund Holdings 4
NAV Symbol HOOX.NV
Expense Ratio 1.31%
30 Day SEC Yield*
* Yield as of
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the Underlying Security’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Security’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.

HOOXMarket Price

Performance

YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% 25.14% xx.xx% xx.xx% 31.26%
Market Price (%) xx.xx% 25.01% xx.xx% xx.xx% 31.40%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% xx.xx% xx.xx% xx.xx% 4.89%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx% 5.11%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

Top Holdings

View full holdings
Name Symbol Stock price % Net assets Shares Held Market Value
Robinhood Mkts Inc Marex 770700102-TRS-04/20/26-L $61.39 195.48% 254,190 $15,604,724
First American Government Obligations Fund 12/01/2031 FGXXX $100.00 18.18% 1,451,045 $1,451,045
Robinhood Markets Inc HOOD $61.39 4.60% 5,987 $367,542
Cash & Other Cash&Other $1.00 -118.26% -9,440,495 $-9,440,495
Data as of 05/15/2025. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings
Download Fund Documents
Prospectus
SAI
Summary Prospectus
2025 Distribution Schedule
Premium Discount Graph

Distributions

2025 Distribution Schedule
Declaration Date Ex-Div Date Record Date Payable Date Amount ($)
— — — — $–
Distribution Rate *
Payable As of —		 -%
Distribution Frequency Monthly
30-Day SEC Yield **
As of —		 -%