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 -31.77% vs 15.52% for HOOD. With a 1.00 correlation, they move nearly in lockstep.
Performance
HOOX vs. HOOD - 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 HOOD's -26.75% return.
HOOX
- 1D
- -12.45%
- 1M
- 10.42%
- YTD
- -60.76%
- 6M
- -72.98%
- 1Y
- -31.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- -6.02%
- 1M
- 8.23%
- YTD
- -26.75%
- 6M
- -38.01%
- 1Y
- 15.52%
- 3Y*
- 107.01%
- 5Y*
- —
- 10Y*
- —
HOOX vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOOX Defiance Daily Target 2X Long HOOD ETF | -60.76% | 312.21% |
HOOD Robinhood Markets, Inc. | -26.75% | 164.25% |
Correlation
The correlation between HOOX and HOOD is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 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.
| HOOX | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.10 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 0.27 | -0.64 |
| Martin ratioReturn relative to average drawdown | -0.60 | 0.50 | -1.10 |
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 | HOOD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 0.23 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.27 | +0.08 |
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% | — |
Current DrawdownCurrent decline from peak | -81.84% | -45.66% | -36.18% |
Average DrawdownAverage peak-to-trough decline | -37.46% | -60.99% | +23.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.44% | 30.88% | +22.56% |
Volatility
HOOX vs. HOOD - Volatility Comparison
Defiance Daily Target 2X Long HOOD ETF (HOOX) has a higher volatility of 41.73% compared to Robinhood Markets, Inc. (HOOD) at 21.14%. 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 | 41.73% | 21.14% | +20.59% |
Volatility (6M)Calculated over the trailing 6-month period | 101.05% | 50.03% | +51.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 137.62% | 68.61% | +69.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 144.08% | 73.99% | +70.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.08% | 73.99% | +70.09% |
Dividends
HOOX vs. HOOD - Dividend Comparison
HOOX's dividend yield for the trailing twelve months is around 35.99%, 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 | 35.99% | 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 (41.73%) compared to HOOD (21.14%). In terms of maximum drawdown, HOOX dropped -87.11% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.23 vs -0.23), 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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