Defiance Daily Target 2X Long HOOD ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 7 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About HOOX
TheFund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentagechange in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts.The Fund aims to achieve this daily percentage change for a single day, and not for any other period. A “single day”means the period “from the close of regular trading on one trading day to the close on the next trading day.” Ifthe Fund encounters limitations in implementing its strategies, whether due to market conditions, derivative availability, counterpartyissues, or other factors, the Fund may not achieve investment results, before fees and expenses, that correspond to twotimes (2x) the daily performance of the Underlying Security, and may return substantially less during such periods. During suchperiods, the Fund’s actual leverage levels may differ substantially from its intended target, both intraday and at the closeof trading, potentially resulting in significantly lower returns. TheFund may enter into one or more swap agreements with financial institutions for a specified period, which may range from one dayto longer than a year. Through each swap agreement, the Fund and the financial institution will agree to exchange the return (ordifferentials in rates of return) earned or realized on the Underlying Security’s share price. The gross return (meaningthe return before deducting any fees or expenses) to be exchanged or “swapped” between the parties is calculated withrespect to a “notional amount,” (meaning the face amount of the instrument) e.g., the return on or change in valueof a particular dollar amount representing the Underlying Security. TheFund may also utilize listed options to seek to achieve leveraged 2X exposure to the Underlying Security. The Fund will primarilyemploy short-dated (a month or less) in-the-money call options (options with strike prices below the current market price of theUnderlying Security, offering immediate intrinsic value). Additionally, the Fund may use other option strategies to produce similarexposure to the Underlying Security, like buying calls and selling puts with identical strike prices. These options allow theFund to adjust its leverage strategy in response to market conditions, liquidity constraints, or other factors that may affectthe availability or pricing of swap agreements. The use of listed options provides additional flexibility in pursuing the Fund’sdaily investment objective. In situations where swap availability is constrained, the Fund may rely more heavily on options contracts.Additionally, the Fund may use options in response to changing market dynamics. However, the use of option contracts is typicallyless efficient than swaps and may increase the likelihood that the Fund is unable to achieve its daily 2X objective. Atthe end of each day, the Fund’s swaps and options are valued using market valuations and the Fund’s investment adviserrebalances the Fund’s holdings in an attempt to maintain leveraged exposure for the Fund equal to approximately 200% ofthe Underlying Security’s share price. Forexamples of a hypothetical investment in the Fund, see the section in the Fund’s Prospectus titled “Additional InformationAbout the Fund – Principal Investment Strategies.” Fundperformance for periods greater than one single day is primarily (but not solely) a function of the following factors: a) theUnderlying Security volatility; b) the Underlying Security’s performance; c) period of time; d) financing rates associatedwith leveraged exposure; and e) other Fund expenses. TheFund will hold assets to serve as collateral for its derivatives positions. For those collateral holdings, the Fund may investin (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) shortterm bond ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notesissued by businesses that are rated investment grade or of comparable quality. TheFund has adopted a policy to have at least 80% of its net assets, plus borrowings for investment purposes, in financial instrumentswith economic characteristics that should perform 2X the daily performance of the Underlying Security’s shares. The Fundis expected to allocate between 40% and 60% of its assets as collateral for swap agreements or as premiums for purchased optionscontracts. For purposes of the 80% policy, derivatives will be valued at notional value. TheFund is classified as “non-diversified” under the 1940 Act. The Fund’s strategy is expected to result in a highannual portfolio turnover rate. Becauseof daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer thana single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200%of the return of the Underlying Security’s shares over the same period. The Fund will lose money if the Underlying Security’sperformance is flat over time, and because of daily rebalancing, the Underlying Security’s shares’ volatility andthe effects of compounding, the Fund may lose money over time while the Underlying Security’s performance increases overa period longer than a single day. As a consequence, investors should not plan to hold shares of the Fund unmonitored for periodslonger than a single trading day. ROBINHOODMARKETS, INC. (“HOOD”) HOODis 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 recentForm 10-K filing, the aggregate market value of the voting and non-voting common stock held by non-affiliates of HOOD (based onthe 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. HOODis registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Information provided toor filed with the SEC by HOOD pursuant to the Exchange Act can be located by reference to SEC file number 001-40691 through theSEC’s website at www.sec.gov. In addition, information regarding HOOD may be obtained from other sources including, butnot limited to, press releases, newspaper articles and other publicly disseminated documents. Thisdocument relates only to the securities offered hereby and does not relate to the shares of HOOD or other securities of HOOD.The Fund has derived all disclosures contained in this document regarding HOOD from the publicly available documents. None ofthe Fund, the Trust, the Adviser, the Sub-Adviser, or their respective affiliates has participated in the preparation of suchpublicly available offering documents or made any due diligence inquiry regarding such documents with respect to HOOD. None ofthe Fund, the Trust, the Adviser, the Sub-Adviser, or their respective affiliates makes any representation that such publiclyavailable documents or any other publicly available information regarding HOOD is accurate or complete. Furthermore, the Fundcannot give any assurance that all events occurring prior to the date hereof (including events that would affect the accuracyor completeness of the publicly available documents described above) that would affect the trading price of HOOD (and thereforethe share price of the Fund at the time we price the securities) have been publicly disclosed. Subsequent disclosure of any suchevents or the disclosure of or failure to disclose material future events concerning HOOD could affect the value received withrespect to the securities and therefore the value of the securities. Noneof the Fund, the Trust, the Adviser, or their respective affiliates makes any representation to you as to the performance of HOOD. NONEOF THE FUND, TIDAL TRUST II, OR TIDAL INVESTMENTS LLC IS AFFILIATED, CONNECTED, OR ASSOCIATED WITH ROBINHOOD MARKETS, INC. THEFUND WAS NOT DEVELOPED OR CREATED BY, AND IS NOT SPONSORED, ENDORSED, OR APPROVED BY, ROBINHOOD MARKETS, INC. Moreover,Robinhood Markets, Inc. has not participated in the development of the Fund’s investment strategy. Robinhood Markets, Inc.does not select or approve the Fund’s portfolio holdings, nor does it participate in the construction, design, or implementationof the Fund. Robinhood Markets, Inc. does not provide any assurances, guarantees, or representations regarding the Fund or itsperformance. Nothing herein shall be construed as an offer of any security by Robinhood Markets, Inc. Noneof the Fund, the Trust, the Adviser, or their respective affiliates claim any ownership interest in any trademarks owned by HOODor its affiliates. All rights in the trademarks are reserved by their respective owners. Dueto the Fund’s investment strategy, the Fund’s investment exposure is concentrated in (or substantially exposed to)the same industry as that assigned to HOOD. As of the date of the Prospectus, HOOD is assigned to the Capital Markets industry.
HOOX News
- Understanding the Setup: (HOOX) and Scalable Risk
- Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Short Interest Update
- How (HOOX) Movements Inform Risk Allocation Models
- Trading Systems Reacting to (HOOX) Volatility
- Short Interest in Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Decreases By 69.1%
- How HOOX Inc (HOOX) Affects Rotational Strategy Timing
Data for HOOX is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.