About
The Defiance Daily Target 2X Long MSTR ETF (the “Fund”) seeks daily leveraged investment results of 2 (200%) the daily percentage change in the share price of MicroStrategy Incorporated (Nasdaq: MSTR) (the “Underlying Security” or “MSTR”). Because the fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage. There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 200X times the cumulative return of MSTR for periods greater than a day.
- Name
- Defiance Daily Target 2X Lng MSTR ETF
- Index tracked
- S&P 500 (TR) (1970)
- Type
- Other
- Expense ratio
- 1.31%
- Management fee
- 1.29%
- Dividend policy
- Annually
- NAV
- USD 20.0185 (10/01/2026)
- Issued units
- 18.33M (10/02/2026)
- Listing date
- Aug 14, 2024
- Sponsor
- Defiance ETFs LLC
- Custodian
- US Bank National Association