Family: | Defiance ETFs |
Name: | Defiance Daily Target 2X Long NVO ETF |
Inception Date: | 2-Dec-2024 |
Termination Date: | |
Investment Objective: | The Defiance Daily Target 2X Long NVO ETF (the "Fund") seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of NOVO Nordisk A/S - ADR (NYSE: NVO) (the "Underlying Security" or "NVO"). NVOX does not invest directly in NOVO. NOVO Nordisk A/S ("Novo Nordisk") is a Danish global pharmaceutical company. Novo Nordisk manufactures and markets pharmaceutical products and services, specifically to provide diabetes care and other chronic conditions like obesity, hemophilia, and growth disorders. It is also involved with hemostasis management, growth hormone therapy, and hormone replacement therapy. The Fund will seek to achieve its objective with respect to Novo Nordisk's American Depositary Receipt (NYSE: NVO). |
Prospectus | |
Top 10 Holdings | ||
NOVO-NORDISK A S ADR SWAP - L - MAR | 130.2800% | |
Cash & Other | -100.2300% | |
NOVO-NORDISK A/S-SPONS ADR NOMURA | 63.8800% | |
Novo Nordisk A/S | NVO | 6.0700% |
Top 10 Holdings Weight: | 100.0% |
Number of Holdings: | 4 |
Shares Outstanding: | 200,000 |
Total Net Assets: | 2,428,740 |
NAV: | 12.14 |
Net Expense Ratio: | 1.29% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | Denmark |
Region: | |
Strategy: | |
Currency: | |
Commodity: | |
Sector: | Healthcare |
Industry: | Pharmaceuticals |
Dividend Type: | |
Tax Exempt State: | |
Maturity Duration: | |
Market Cap: | Large Cap |
Credit Quality: | |
Mortgage Bond Types: | |
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Leverage Direction/Factor: | Leveraged (2x) |
Is Currency Hedged: | No |
US or Ex-US: | International |