JPX

Defiance Daily Target 2X Long JPM ETF

$20.26

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The JPX - Defiance Daily Target 2X Long JPM ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the common stock of JPMorgan Chase & Co.

Overview

ETF tracking Defiance Daily Target 2X Long JPM ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-24

Market Cap $2.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $18.61 - $22.54

VWAP $20.50

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The JPX - Defiance Daily Target 2X Long JPM ETF seeks to provide daily investment results that correspond to twice (2x) the daily performance of the common stock of JPMorgan Chase & Co.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to obtain the desired 2x leveraged exposure to the underlying stock. It does not hold the actual stock directly.

✨ Key Features

Provides 2x daily leveraged exposure to JPMorgan Chase & Co. stock
Utilizes derivatives to achieve the target leverage
Resets daily, so longer-term returns may not match 2x the underlying
Very small fund size with no performance history

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's daily return and 2x the daily return of the underlying stock
Counterparty risk associated with the derivative instruments used
Lack of track record and very small asset base

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term, speculative exposure to JPMorgan Chase & Co. stock. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.