What is the ISIN of Defiance Daily Target 2X Short OKLO ETF?

The ISIN of Defiance Daily Target 2X Short OKLO ETF is US88636W1559.

What does leveraged daily exposure mean for Defiance Daily Target 2X Short OKLO ETF?

Defiance Daily Target 2X Short OKLO ETF aims to deliver 2 times the daily return of OKLO (short/inverse). 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 Short OKLO ETF?

Volatility decay (also called compounding drag) occurs because Defiance Daily Target 2X Short OKLO 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.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

Defiance Daily Target 2X Short OKLO ETF (OKLS) Price

Defiance Daily Target 2X Short OKLO ETF Price

— EUR

TER1.31 %

AUM5.23 M USD

CurrencyUSD

Funds Launch11/25/2025

Defiance Daily Target 2X Short OKLO ETF Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

OKLO

OKLO2X Short Daily

OKLO

Defiance Daily Target 2X Short OKLO ETF provides 2X inversedaily exposure to OKLO.

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.