HOYY was created on 2025-09-30 by GraniteShares. The fund's investment portfolio concentrates primarily on financials equity. HOYY is actively managed seeking current income and the daily 2x leverage of the price performance of Robinhood Markets, Inc. (NASDAQ: HOOD). The fund sells put option and holds other HOOD-leveraged ETFs. HOOD offers commission-free trading of stocks, ETFs, options, and cryptocurrencies through its mobile app and website.