Defiance Daily Target 2x Long PM ETF (XPM) Price

Defiance Daily Target 2x Long PM ETF is offered by Defiance, a leading player in the field of passive investments.

The ISIN of Defiance Daily Target 2x Long PM ETF is US88636V7854.

Defiance Daily Target 2x Long PM ETF aims to deliver 2 times the daily return of PM (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 PM 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 PM 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 PM ETF provides 2X daily long exposure to PM. When PM moves +1% in a day, Defiance Daily Target 2x Long PM ETF targets approximately 2% (before fees).

The total expense ratio of Defiance Daily Target 2x Long PM ETF is 1.31%, which means that investors pay 131.00 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 PM ETF does not comply with the EU UCITS investor protection directives.

The current average trading volume of Defiance Daily Target 2x Long PM ETF is 1,091.39.

Defiance Daily Target 2x Long PM ETF is domiciled in US.

The fund was launched on 9/3/2025.

The Defiance Daily Target 2x Long PM ETF mainly invests in Non-cyclical consumer goods companies.

The NAV of Defiance Daily Target 2x Long PM ETF amounts to 18.48 M 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.