SOUX

Defiance Daily Target 2X Long SOUN ETF

$21.17

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Defiance Daily Target 2X Long SOUN ETF (SOUX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the SOUN Index.

Overview

ETF tracking Defiance Daily Target 2X Long SOUN ETF

Category Leveraged

Issuer Other

Inception Date 2025-06-24

Market Cap $15.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $20.27 - $73.03

VWAP $20.81

Performance

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Investment Summary

📎 Investment Objective

The Defiance Daily Target 2X Long SOUN ETF (SOUX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the SOUN Index.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged exposure to the SOUN Index. It rebalances its portfolio daily to maintain the 2x leverage target.

✨ Key Features

Provides 2x daily leveraged exposure to the SOUN Index
Rebalances portfolio daily to maintain 2x leverage target
Suitable for experienced investors with a high risk tolerance
Tracks the SOUN Index, which focuses on a specific market segment

⚠️ Primary Risks

Leveraged funds can experience significant losses in a short period of time
Daily rebalancing can lead to compounding effects, which may differ from the target 2x exposure over longer periods
Concentration in a specific market segment increases volatility and risk
Derivative instruments used to achieve leverage carry additional risks

👤 Best For

The Defiance Daily Target 2X Long SOUN ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, leveraged exposure to the SOUN Index. This fund is not recommended for long-term buy-and-hold investors or those with a low risk appetite.