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 -36.63% vs 819.25% for BE. At a 0.32 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 -35.42% return, which is significantly lower than BE's 168.72% return.
HOOX
- 1D
- -3.78%
- 1M
- 32.61%
- 6M
- -39.46%
- YTD
- -35.42%
- 1Y
- -36.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BE
- 1D
- -4.55%
- 1M
- -10.27%
- 6M
- 70.59%
- YTD
- 168.72%
- 1Y
- 819.25%
- 3Y*
- 136.77%
- 5Y*
- 61.75%
- 10Y*
- —
HOOX vs. BE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -35.42% | 342.84% |
BE Bloom Energy Corporation | 168.72% | 264.93% |
Correlation
The correlation between HOOX and BE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2025 | 0.32 |
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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 | -7.79 | ||
| Sortino ratioReturn per unit of downside risk | -3.80 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.54 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 18.01 | -18.43 |
| Martin ratioReturn relative to average drawdown | -0.63 | 53.52 | -54.14 |
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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% | -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 | -70.10% | -32.49% | -37.61% |
Average DrawdownAverage peak-to-trough decline | -40.22% | -51.56% | +11.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 58.47% | 15.43% | +43.04% |
Volatility
HOOX vs. BE - Volatility Comparison
Defiance Daily Target 2X Long HOOD ETF (HOOX) and Bloom Energy Corporation (BE) have volatilities of 38.19% and 36.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 38.19% | 36.81% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 104.74% | 77.75% | +26.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 138.67% | 110.14% | +28.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.48% | 87.14% | +56.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.48% | 96.01% | +47.47% |
Dividends
HOOX vs. BE - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 21.87%, 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 | 21.87% | 14.12% |
Frequently Asked Questions
HOOX and BE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOX has higher volatility (38.19%) compared to BE (36.81%). In terms of maximum drawdown, HOOX dropped -87.11% vs BE's -92.54%.
BE currently has the higher Sharpe Ratio (7.53 vs -0.27), 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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