9-Jan-2026
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The Defiance Daily Target 2X Long IREN ETF seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of IREN Limited (NASDAQ: IREN). 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. The return for investors that invest for periods longer or shorter than a trading day should not be expected to be 200% of the performance of the Underlying Security's shares for the period. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return during such period held, which will very likely differ from 200% of the return of the Underlying Security's shares for that period. Holding shares of the Fund for longer than a single day and higher volatility of the Underlying Security's shares increase the impact of compounding on an investor's returns, which may have a negative or positive impact on an investor's returns. During periods of higher Underlying Security share price volatility, the volatility of the Underlying Security's shares may affect the Fund's return as much as, or more than, the return of the Underlying Security's shares.
Defiance Daily Target 2X Long Iren ETF trades on the ARCA stock market under the symbol IRE.
As of January 9, 2026, IRE stock price climbed to $8.47 with 15,924,848 million shares trading.
IRE has a market cap of $274.17 million. This is considered a Small Cap stock.
IRE support price is $7.23 and resistance is $9.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IRE shares will trade within this expected range on the day.
