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 -7.26% vs 1327.22% for BE. At a 0.33 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 -41.20% return, which is significantly lower than BE's 270.56% return.
HOOX
- 1D
- -4.60%
- 1M
- 83.42%
- YTD
- -41.20%
- 6M
- -48.54%
- 1Y
- -7.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BE
- 1D
- -6.90%
- 1M
- 6.44%
- YTD
- 270.56%
- 6M
- 252.16%
- 1Y
- 1,327.22%
- 3Y*
- 175.25%
- 5Y*
- 63.66%
- 10Y*
- —
HOOX vs. BE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -41.20% | 342.84% |
BE Bloom Energy Corporation | 270.56% | 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 | 0.33 |
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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 | -12.42 | ||
| Sortino ratioReturn per unit of downside risk | -4.27 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.66 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 29.22 | -29.31 |
| Martin ratioReturn relative to average drawdown | -0.13 | 90.51 | -90.64 |
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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 | -72.78% | -6.90% | -65.88% |
Average DrawdownAverage peak-to-trough decline | -38.95% | -51.77% | +12.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.21% | 14.80% | +41.41% |
Volatility
HOOX vs. BE - Volatility Comparison
Defiance Daily Target 2X Long HOOD ETF (HOOX) has a higher volatility of 46.79% compared to Bloom Energy Corporation (BE) at 28.37%. 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 | 46.79% | 28.37% | +18.42% |
Volatility (6M)Calculated over the trailing 6-month period | 102.33% | 74.09% | +28.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 139.87% | 108.61% | +31.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.98% | 86.32% | +57.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.98% | 95.75% | +48.23% |
Dividends
HOOX vs. BE - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 24.02%, 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 | 24.02% | 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 (46.79%) compared to BE (28.37%). In terms of maximum drawdown, HOOX dropped -87.11% vs BE's -92.54%.
BE currently has the higher Sharpe Ratio (12.36 vs -0.05), 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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