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AVGX ETF Profile


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
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Sector: Technology
Industry: Software & Services
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Market Cap: Large Cap
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Leverage Direction/Factor: Leveraged (2x)
Is Currency Hedged: No
US or Ex-US: Domestic