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 -31.77% vs 1307.74% for BE. At a 0.34 correlation, their price movements are largely independent.
Performance
HOOX vs. BE - Performance Comparison
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Returns By Period
In the year-to-date period, HOOX achieves a -60.76% return, which is significantly lower than BE's 230.67% return.
HOOX
- 1D
- -12.45%
- 1M
- 10.42%
- YTD
- -60.76%
- 6M
- -72.98%
- 1Y
- -31.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BE
- 1D
- -5.13%
- 1M
- -0.46%
- YTD
- 230.67%
- 6M
- 180.31%
- 1Y
- 1,307.74%
- 3Y*
- 171.10%
- 5Y*
- 63.50%
- 10Y*
- —
HOOX vs. BE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -60.76% | 312.21% |
BE Bloom Energy Corporation | 230.67% | 257.42% |
Correlation
The correlation between HOOX and BE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 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.
| HOOX | BE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -12.66 | ||
| Sortino ratioReturn per unit of downside risk | -4.71 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.68 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 28.79 | -29.16 |
| Martin ratioReturn relative to average drawdown | -0.60 | 90.96 | -91.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HOOX | BE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 12.43 | -12.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.39 | -0.04 |
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% | -45.94% | -41.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.87% | — |
Current DrawdownCurrent decline from peak | -81.84% | -6.68% | -75.16% |
Average DrawdownAverage peak-to-trough decline | -37.46% | -52.06% | +14.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.44% | 14.51% | +38.93% |
Volatility
HOOX vs. BE - Volatility Comparison
Defiance Daily Target 2X Long HOOD ETF (HOOX) has a higher volatility of 41.73% compared to Bloom Energy Corporation (BE) at 26.13%. This indicates that HOOX's price experiences larger fluctuations and is considered to be riskier 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 | 41.73% | 26.13% | +15.60% |
Volatility (6M)Calculated over the trailing 6-month period | 101.05% | 75.94% | +25.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 137.62% | 106.94% | +30.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 144.08% | 85.72% | +58.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.08% | 94.94% | +49.14% |
Dividends
HOOX vs. BE - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 35.99%, 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 | 35.99% | 14.12% |
Frequently Asked Questions
HOOX and BE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOX has higher volatility (41.73%) compared to BE (26.13%). In terms of maximum drawdown, HOOX dropped -87.11% vs BE's -92.54%.
BE currently has the higher Sharpe Ratio (12.43 vs -0.23), 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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