Mis on Defiance Daily Target 2X Long DKNG ETF ISIN?

Defiance Daily Target 2X Long DKNG ETF ISIN on US88636W2136.

What does leveraged daily exposure mean for Defiance Daily Target 2X Long DKNG ETF?

Defiance Daily Target 2X Long DKNG ETF aims to deliver 2 times the daily return of DKNG (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Defiance Daily Target 2X Long DKNG ETF?

Volatility decay (also called compounding drag) occurs because Defiance Daily Target 2X Long DKNG ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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Defiance Daily Target 2X Long DKNG ETF (DKNX) Kursus

Defiance Daily Target 2X Long DKNG ETF Kursus

— EUR

PRO

TER1,29 %

AUM4,91 M USD

ValuutaUSD

Fondi käivitus30.7.2025

Defiance Daily Target 2X Long DKNG ETF Hind

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Aluseks

DKNG

DKNG2X Long Daily

DKNG

Defiance Daily Target 2X Long DKNG ETF pakub 2X igapäevast kokkupuudet DKNG-ga.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.