Defiance Daily Target 2X Long BU ETF (BU) Price
Defiance Daily Target 2X Long BU ETF Price
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Performance
Underlying
Defiance Daily Target 2X Long BU ETF provides 2X daily exposure to BU.
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.
Defiance Daily Target 2X Long BU ETF List of Holdings
| Company | Share |
|---|---|
BARRICK MNG CORP SWAP CF-L06849F108-TRS-1/11/27-L-BU | 65.62 % |
BARRICK MNG CORP SWAP CS06849F108-TRS-01/11/28-L-BU | 51.34 % |
BARRICK MNG CORP SWAP MAREX06849F108-TRS-11/19/28-L-BU | 44.08 % |
BARRICK MNG CORP SWAP BMO06849F108-TRS-11/30/26-L-BU | 26.49 % |
United States Treasury Bill 06/25/2026912797TE7 | 20.20 % |
BARRICK MNG CORP SWAP NM06849F108-TRS-03/31/33-L-BU | 12.44 % |
First American Government Obligations Fund 12/01/2031FGXXX | 8.72 % |
Frequently asked questions about Defiance Daily Target 2X Long BU ETF
Defiance Daily Target 2X Long BU ETF is offered by Defiance, a leading player in the field of passive investments.
The ISIN of Defiance Daily Target 2X Long BU ETF is US88636R5292.
Defiance Daily Target 2X Long BU ETF aims to deliver 2 times the daily return of BU (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Defiance Daily Target 2X Long BU 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.
Leveraged ETFs like Defiance Daily Target 2X Long BU ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Defiance Daily Target 2X Long BU ETF provides 2X daily long exposure to BU. When BU moves +1% in a day, Defiance Daily Target 2X Long BU ETF targets approximately 2% (before fees).
The total expense ratio of Defiance Daily Target 2X Long BU ETF is 1.29%, which means that investors pay 129.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, Defiance Daily Target 2X Long BU ETF does not comply with the EU UCITS investor protection directives.
The current average trading volume of Defiance Daily Target 2X Long BU ETF is 1,446.00.
Defiance Daily Target 2X Long BU ETF is domiciled in US.
The fund was launched on 11/17/2025.
The Defiance Daily Target 2X Long BU ETF mainly invests in Materials companies.
The NAV of Defiance Daily Target 2X Long BU ETF amounts to 18.13 USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Defiance Daily Target 2X Long BU ETF