Leveraged Long + Income HOOD ETF
HOOI
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Scott Snyder
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 234 West Florida Street Milwaukee NY United States of America 53204
- IPO Date
- Aug 19, 2025
- Website
- defianceetfs.com
- Similar Companies
- Business
- Defiance Leveraged Long + Income HOOD ETF (NASDAQ: HOOI) is an actively managed exchange-traded fund that seeks long-term capital appreciation as its primary objective, with a secondary objective of current income, by providing approximately 150%-200% leveraged daily exposure to the share price performance of Robinhood Markets, Inc. (HOOD); the fund employs swap agreements with counterparties such as Cantor and Marex, short-dated in-the-money call options, and credit call spreads on approximately 100% of its net notional exposure to generate premium income while mitigating leverage-related risks; collateral holdings include U.S. Treasury bills, government obligations funds like First American Government Obligations Fund (FGXXX), and cash equivalents. Launched on August 18, 2025, as part of a series of fourteen new Defiance Leveraged Long + Income ETFs registered under Tidal Trust II via Post-Effective Amendment No. 358 filed in June 2025, HOOI debuted alongside products targeting Palantir Technologies (PLT), Hims & Hers Health (HIMY), and others like AAPL, AMD, AMZN, and NVDA, expanding Defiance ETFs' lineup of single-stock leveraged income strategies. Defiance ETFs, founded in 2018 and headquartered in Miami, Florida, acts as the ETF sponsor with Tidal Investments LLC as investment adviser, distributing shares through Foreside Fund Services, LLC, and listing on Nasdaq; the fund maintains a net expense ratio of 1.51%, high portfolio turnover, weekly distributions (e.g., $0.2778 on November 13, 2025), and assets under management around $2.65 million as of late 2025. The fund targets investors seeking amplified growth from Robinhood Markets' commission-free trading platform and retail brokerage expansion, while operating in the U.S. financial services sector focused on brokerage and investment banking; it is non-diversified, with principal risks including derivatives exposure, leverage amplification, counterparty default, high volatility in HOOD's trading price, and regulatory changes affecting brokerages.