HODU ETF — Direxion Daily HOOD Bull 2X ETF

Direxion Daily HOOD Bull 2X ETF (HODU)

HODU is an ETF that tracks the Robinhood Markets (HOOD). As of August 19, 2026, its distribution rate is 2.42%, its trailing-12-month yield is 2.06%, its expense ratio is 0.97%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is -63.5% over the past 0.7 years, 41.0 points behind HOOD at -22.5%.

At the current 2.42% distribution rate, a $10,000 investment would generate approximately $242 per year, or $20.17 per month on an equivalent basis. Actual quarterly payments vary.

Direxion Daily HOOD Bull 2X ETF is a leveraged ETF that seeks to deliver twice the daily performance of Robinhood Markets (HOOD) through concentrated exposure to HOOD securities and derivatives such as swaps and options. The fund distributes quarterly income at a modest current distribution rate, with an expense ratio of 0.97%. It appeals to active traders and experienced investors seeking leveraged short-term exposure to a single stock, though the daily rebalancing mechanism and 2X leverage create compounding effects that may not track the underlying security's longer-term performance.

HODU performance versus HOOD

Data as of August 19, 2026.

Fund total return is -63.5% over the past 0.7 years, 41.0 points behind HOOD at -22.5%.

HODU key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

11/18/2025

Expense ratio

0.97%

Distribution rate

2.42%

Distribution frequency

Quarterly

Trailing yield

2.06%

Last close

$9.60

AUM

$9,853,113

Average volume

92875.0

Last dividend

$0.0580

Ex-dividend date

06/23/2026

Payment date

06/30/2026

Beta

6.466

P/E ratio

46.5142

How Dividend Vision calculates yield and returns

Distribution rate (2.42%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.06%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Direxion; Index: Robinhood Markets (HOOD); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HODU risks and drawbacks

HODU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed HOOD over the available window.

Who may consider HODU — and who may not

HODU may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (HODU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching HOOD total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Direxion.