Leveraged Long + Income HOOD ETF (HOOI)
Leveraged Long + Income HOOD ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $10.05, down 0.08% on the session, giving a market capitalisation of $683,352. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund aims to deliver amplified daily returns, specifically targeting 1.5 to 2 times the price movement of Robinhood Markets (HOOD). It achieves this leveraged exposure primarily through the use of derivative instruments such as swap agreements. Furthermore, the fund endeavors to generate additional income by employing a credit call spread strategy.
Leveraged Long + Income HOOD ETF is most often compared with the following Financial Services names: