VSTL

Defiance Daily Target 2X Long VST ETF

$15.28

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Defiance Daily Target 2X Long VST ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Nasdaq-100 Index.

Overview

ETF tracking Defiance Daily Target 2X Long VST ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-22

Market Cap $2.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $14.73 - $25.52

VWAP $15.08

Performance

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Investment Summary

📎 Investment Objective

The Defiance Daily Target 2X Long VST ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Nasdaq-100 Index.

🎯 Investment Strategy

The fund uses financial instruments, such as futures contracts and swap agreements, to obtain its 2x leveraged exposure to the Nasdaq-100 Index. It does not invest directly in the underlying index components.

✨ Key Features

Provides 2x the daily performance of the Nasdaq-100 Index
Uses derivatives to achieve its leveraged exposure
Resets its leverage daily, which can lead to compounding effects over longer holding periods
Has a very small asset base and may have limited trading liquidity

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large tracking errors and divergence from the target index over time
Liquidity risk due to the small asset base and trading volume
Counterparty risk associated with the use of derivatives

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek short-term, leveraged exposure to the Nasdaq-100 Index and understand the risks associated with daily rebalancing of leveraged funds. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.