| Investment Objective: |
The Defiance Daily Target 2X Long SOFI ETF (the "Fund") seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of SoFi Technologies, Inc. (Nasdaq: SOFI) (the "Underlying Security" or "SOFI"). 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. There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 200X times the cumulative return of SOFI for periods greater than a day. SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money. |
