Direxion Daily HOOD Bull 2X ETF

HODU

Market cap $18.7M

Shares of Robinhood Markets (HOOD) have shed roughly a quarter of their value this year, but the company is making moves to end that slide. Some analysts are taking note.

Shares of Robinhood Markets (HOOD) have shed nearly a third of their value this year, and recently reported first-quarter results aren't helping matters. In the first three months of 2026, cryptocurrency trading activity on the popular trading platform slumped along with bitcoin prices.

Robinhood Markets (HOOD) has nearly tripled in value over the past year and was one of 2025's best-performing brokerages. Lately, however, some wind has come out of the high-flying stock's sales.

Direxion is sharpening its focus on the fast-moving, high-conviction corner of the market with the launch of five new single-stock daily leveraged and inverse ETFs packaged for traders who thrive on speed, volatility, and laser-focused thematic bets.

Direxion continues to expand its single-stock ETF offerings for tactical traders. It has introduced five new single stock funds that add exposure to Oracle, Coinbase, Robinhood, and Intel.