HIMY
Defiance Leveraged Long Income HIMS ETF
📎 Investment Objective
The Defiance Leveraged Long Income HIMS ETF (HIMY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Leveraged Long Income HIMS Index.
Overview
ETF tracking Defiance Leveraged Long Income HIMS ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance Leveraged Long Income HIMS ETF (HIMY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance Leveraged Long Income HIMS Index.
🎯 Investment Strategy
The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The index is composed of securities that provide exposure to long-term income-generating assets, with the potential for capital appreciation.
✨ Key Features
- Provides exposure to long-term income-generating assets
- Utilizes leverage to potentially enhance returns
- Passively tracks the Defiance Leveraged Long Income HIMS Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Leverage risk: The use of leverage can magnify both gains and losses
- Concentration risk: The fund may be concentrated in a particular sector or asset class
- Market risk: The value of the fund's investments may decline due to general market conditions
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to long-term income-generating assets with the potential for capital appreciation, and who have a higher risk tolerance to accommodate the leveraged nature of the fund.