HOOX vs. BE
HOOX (Defiance Daily Target 2X Long HOOD ETF) is Leveraged Equities fund actively managed by Defiance, while BE (Bloom Energy Corporation) is a stock. Over the past year, HOOX returned -59.01% vs 494.55% for BE. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
HOOX vs. BE - Performance Comparison
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Returns By Period
In the year-to-date period, HOOX achieves a -57.88% return, which is significantly lower than BE's 151.26% return.
HOOX
- 1D
- 8.78%
- 1M
- -38.71%
- 6M
- -30.51%
- YTD
- -57.88%
- 1Y
- -59.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 57.40%
BE
- 1D
- 6.08%
- 1M
- -19.41%
- 6M
- 39.83%
- YTD
- 151.26%
- 1Y
- 494.55%
- 3Y*
- 139.56%
- 5Y*
- 60.31%
- 10Y*
- —
- ALL TIME*
- 35.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.13B | $3.65B | $3.54B | |
| $1.62M | $2.22M | $2.93M |
HOOX vs. BE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -57.88% | 342.84% |
BE Bloom Energy Corporation | 151.26% | 264.93% |
Correlation
The correlation between HOOX and BE is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2025 | 0.34 |
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Return for Risk
HOOX vs. BE — Risk / Return Rank
HOOX
BE
HOOX vs. BE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HOOD ETF (HOOX) and Bloom Energy Corporation (BE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HOOX | BE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.77 | ||
| Sortino ratioReturn per unit of downside risk | -3.40 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.43 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 9.47 | -10.15 |
| Martin ratioReturn relative to average drawdown | -0.96 | 27.13 | -28.09 |
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Drawdowns
HOOX vs. BE - Drawdown Comparison
The maximum HOOX drawdown since its inception was -87.11%, smaller than the maximum BE drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for HOOX and BE.
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Drawdown Indicators
| HOOX | BE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.11% | -92.54% | +5.43% |
Max Drawdown (1Y)Largest decline over 1 year | -87.11% | -52.65% | -34.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -52.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.87% | — |
Current DrawdownCurrent decline from peak | -80.50% | -36.87% | -43.63% |
Average DrawdownAverage peak-to-trough decline | -41.78% | -51.48% | +9.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.30% | 18.35% | +42.95% |
Volatility
HOOX vs. BE - Volatility Comparison
The current volatility for Defiance Daily Target 2X Long HOOD ETF (HOOX) is 35.94%, while Bloom Energy Corporation (BE) has a volatility of 42.79%. This indicates that HOOX experiences smaller price fluctuations and is considered to be less risky than BE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOOX | BE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.94% | 42.79% | -6.85% |
Volatility (6M)Calculated over the trailing 6-month period | 108.27% | 84.87% | +23.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 140.97% | 114.80% | +26.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.26% | 88.80% | +54.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.26% | 96.71% | +46.55% |
Dividends
HOOX vs. BE - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 33.53%, while BE has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BE Bloom Energy Corporation | 0.00% | 0.00% |
HOOX Defiance Daily Target 2X Long HOOD ETF | 33.53% | 14.12% |
Frequently Asked Questions
HOOX and BE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BE has higher volatility (42.79%) compared to HOOX (35.94%). In terms of maximum drawdown, HOOX dropped -87.11% vs BE's -92.54%.
BE currently has the higher Sharpe Ratio (4.35 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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