Family: | Defiance ETFs |
Name: | Defiance Daily Target 2X Long AVGO ETF |
Inception Date: | 21-Aug-2024 |
Termination Date: | |
Investment Objective: | The Fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security Broadcom Inc. (Nasdaq: AVGO) by entering into swap agreements on the Underlying Security. The Fund aims to achieve this daily percentage change for a single day, and not for any other period. A "single day" means the period "from the close of regular trading on one trading day to the close on the next trading day." AVGO is a global technology company that designs, develops and supplies a broad range of semiconductor and infrastructure software solution. AVGO leverages global engineering expertise and an extensive patent portfolio to develop high-performance semiconductor devices and system-on-chip (SoC) solutions for niche markets, with applications ranging from data center networking to factory automation |
Prospectus | |
Top 10 Holdings | ||
BROADCOM INC COM SWAP MAREX - L | AVGO | 141.2800% |
Cash & Other | -99.9300% | |
BROADCOM INC COM SWAP CS - L | AVGO | 30.4900% |
BROADCOM INC COM - SWAP - NM - L | AVGO | 18.3600% |
Broadcom Inc | AVGO | 5.8800% |
BROADCOM INC COM SWAP CAN - L | AVGO | 3.8900% |
Top 10 Holdings Weight: | 100.0% |
Number of Holdings: | 6 |
Shares Outstanding: | 2,625,000 |
Total Net Assets: | 79,800,000 |
NAV: | 30.38 |
Net Expense Ratio: | 1.29% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | |
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Commodity: | |
Sector: | Technology |
Industry: | Software & Services |
Dividend Type: | |
Tax Exempt State: | |
Maturity Duration: | |
Market Cap: | Large Cap |
Credit Quality: | |
Mortgage Bond Types: | |
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Gov't Bond Types: | |
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Leverage Direction/Factor: | Leveraged (2x) |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |