HOOX vs. HOOD
HOOX (Defiance Daily Target 2X Long HOOD ETF) is Leveraged Equities fund actively managed by Defiance, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, HOOX returned -62.32% vs -13.35% for HOOD. Their 1.00 correlation means they have historically moved very closely together.
Performance
HOOX vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, HOOX achieves a -61.28% return, which is significantly lower than HOOD's -23.47% return.
HOOX
- 1D
- -1.59%
- 1M
- -43.66%
- 6M
- -48.06%
- YTD
- -61.28%
- 1Y
- -62.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 48.40%
HOOD
- 1D
- -0.05%
- 1M
- -23.21%
- 6M
- -12.99%
- YTD
- -23.47%
- 1Y
- -13.35%
- 3Y*
- 88.76%
- 5Y*
- 19.75%
- 10Y*
- —
- ALL TIME*
- 17.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.93B | $2.33B | $2.54B | |
| $1.57M | $2.40M | $2.98M |
HOOX vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -61.28% | 342.84% |
HOOD Robinhood Markets, Inc. | -23.47% | 182.04% |
Correlation
The correlation between HOOX and HOOD is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2025 | 1.00 |
The correlation between HOOX and HOOD has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
HOOX vs. HOOD — Risk / Return Rank
HOOX
HOOD
HOOX vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long HOOD ETF (HOOX) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.02 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.28 | -0.46 |
| Martin ratioReturn relative to average drawdown | -1.06 | -0.47 | -0.58 |
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Drawdowns
HOOX vs. HOOD - Drawdown Comparison
The maximum HOOX drawdown since its inception was -87.11%, roughly equal to the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for HOOX and HOOD.
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Drawdown Indicators
| HOOX | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.11% | -90.21% | +3.10% |
Max Drawdown (1Y)Largest decline over 1 year | -87.11% | -57.26% | -29.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.21% | — |
Current DrawdownCurrent decline from peak | -82.07% | -43.22% | -38.85% |
Average DrawdownAverage peak-to-trough decline | -41.66% | -60.10% | +18.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 61.09% | 33.81% | +27.28% |
Volatility
HOOX vs. HOOD - Volatility Comparison
Defiance Daily Target 2X Long HOOD ETF (HOOX) has a higher volatility of 35.55% compared to Robinhood Markets, Inc. (HOOD) at 17.67%. This indicates that HOOX's price experiences larger fluctuations and is considered to be riskier than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HOOX | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.55% | 17.67% | +17.88% |
Volatility (6M)Calculated over the trailing 6-month period | 107.95% | 53.55% | +54.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 140.66% | 70.22% | +70.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.29% | 73.87% | +69.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.29% | 73.91% | +69.38% |
Dividends
HOOX vs. HOOD - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 36.47%, while HOOD has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
HOOD Robinhood Markets, Inc. | 0.00% | 0.00% |
HOOX Defiance Daily Target 2X Long HOOD ETF | 36.47% | 14.12% |
Frequently Asked Questions
With a correlation of 1.00, HOOX and HOOD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
HOOX has higher volatility (35.55%) compared to HOOD (17.67%). In terms of maximum drawdown, HOOX dropped -87.11% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (-0.23 vs -0.46), 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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