LLYZ

Defiance Daily Target 2X Short LLY ETF

$9.61

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Defiance Daily Target 2X Short LLY ETF (LLYZ) seeks to provide daily investment results that correspond to twice the inverse (or opposite) of the daily performance of the common stock of Eli Lilly and Company (LLY).

Overview

ETF tracking Defiance Daily Target 2X Short LLY ETF

Category Inverse

Issuer Other

Inception Date 2025-09-03

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $9.61 - $21.03

VWAP $9.70

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a range of financial instruments, such as swap agreements and futures contracts, to achieve its daily inverse 2x target exposure to the underlying LLY stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x daily inverse exposure to Eli Lilly and Company stock performance
Designed for short-term, tactical trading rather than long-term investment
Employs derivatives to achieve its daily target exposure
Has a very low asset base and expense ratio of 0.00%

⚠️ Primary Risks

Significant daily rebalancing risk due to the 2x leverage, which can lead to returns that do not match the inverse of the underlying over longer periods
Potential for large losses if the underlying stock rises in value
Liquidity risk due to the low asset base and trading volume
Counterparty risk associated with the derivative instruments used

👤 Best For

This ETF is best suited for experienced, sophisticated traders who understand the risks of leveraged and inverse products and are looking for short-term, tactical exposure to the inverse performance of Eli Lilly's stock. It is not recommended for long-term buy-and-hold investors.