| Family: | Defiance ETFs |
| Name: | Defiance Daily Target 2X Long PL ETF |
| Inception Date: | 6-Jan-2026 |
| Termination Date: | |
| Investment Objective: | The Fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Planet Labs PBC (NYSE: PL). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. The Fund provides investors with amplified long exposure to Planet Labs PBC (NYSE: PL), a leading Earth observation and geospatial data company operating one of the world's largest constellations of imaging satellites. PLU seeks to deliver 200% of the daily performance of Planet Labs' stock, offering active traders a tactical way to express bullish views on satellite imagery, geospatial intelligence, and data-driven global monitoring without the need for a margin account. |
| Prospectus | |
| Top 10 Holdings | ||
| Cash & Other | -111.5700% | |
| PLANET LABS PBC SWAP CANTOR-L | 39.9200% | |
| PLANET LABS PBC-SWAP-JNST-L | 34.4500% | |
| PLANET LABS PBC SWAP CS-L | 32.6600% | |
| PLANET LABS PBC SWAP MAREX-L | 32.0900% | |
| PLANET LABS SWAP NBC-L | 25.9200% | |
| PLANET LABS PBC-SWAP-NMRA-L | 24.0600% | |
| United States Treasury Bill 11/19/2026 | B 0 11/19/26 | 11.5200% |
| PLANET LABS PBC-SWAP-MSCS-L | 10.8600% | |
| Top 10 Holdings Weight: | 99.9% |
| Number of Holdings: | 9 |
| Shares Outstanding: | 1,700,000 |
| Total Net Assets: | 7,769,000 |
| NAV: | 4.57 |
| Net Expense Ratio: | 1.31% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
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| Sector: | Industrials |
| Industry: | Aerospace & Defense |
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| Market Cap: | Mid Cap |
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| Leverage Direction/Factor: | Leveraged (2x) |
| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |
