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Defiance Daily Target 2X Long LMND ETF (LMNX)

9.16 +0.01 (+0.09%)
At close: August 27 at 4:00:00 PM EDT
Trade LMNX on Coinbase

ETF Summary

The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The fund manager has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the Underlying Security’s shares. The fund is non-diversified.

ETF Overview

Category Trading--Leveraged Equity
Fund Family Defiance ETFs LLC
Net Assets 4.22M
YTD Daily Total Return -69.18%
Yield --
Legal Type Exchange Traded Fund

ETF Operations

Attributes LMNX Category Average
Annual Report Expense Ratio (net)
1.31% 0.00%
Holdings Turnover
0.00% --
Total Net Assets
0.00 0.00

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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