Leverage Shares 2x Long HOOD Daily ETF
HOOG
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Mar 21, 2025
- Website
- leverageshares.com
- Similar Companies
- Business
- Leverage Shares 2X Long HOOD Daily ETF (HOOG) is an exchange-traded fund that seeks to provide 2x the daily performance of Robinhood Markets, Inc. (HOOD) stock, before fees and expenses. The ETF employs swap agreements and other financial derivatives to achieve its leveraged exposure to HOOD's share price movements; it does not hold the underlying stock directly and is designed for short-term trading rather than long-term investment due to daily reset and compounding effects. Leverage Shares plc, the issuer, offers a range of leveraged and inverse daily ETPs tracking single stocks, indices, commodities, and cryptocurrencies, including brands such as 2x Long, 3x Long, -1x Short, and -3x Short variants. Founded in 2018 and headquartered in London, United Kingdom, Leverage Shares operates primarily in Europe and the United States, listing its products on exchanges like the London Stock Exchange, Deutsche Börse, and Nasdaq. The firm targets sophisticated investors, such as retail traders and institutions, seeking amplified daily returns in equities like technology, fintech, and growth stocks; geographic operations span the European Economic Area and U.S. markets with UCITS-compliant structures for eligible counterparties. Subsidiaries include Leverage Shares Management Company, which oversees fund management. Recent developments include the U.S. market expansion with the launch of HOOG and similar single-stock ETPs on Nasdaq in 2023, enhancing access for American investors amid growing demand for leveraged fintech exposure. In 2024, Leverage Shares secured additional liquidity provider agreements and expanded its product suite with new 3x leveraged offerings on select equities. No major acquisitions or funding rounds were reported in the last two years, though the firm continues strategic growth through regulatory approvals for broader distribution in Asia-Pacific regions.