Kaj je ISIN od Defiance Daily Target 2X Short LLY ETF?

ISIN Defiance Daily Target 2X Short LLY ETF je US88636V6039.

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

Defiance Daily Target 2X Short LLY ETF aims to deliver 2 times the daily return of LLY (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 LLY ETF?

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

Defiance Daily Target 2X Short LLY ETF (LLYZ) Cena

Defiance Daily Target 2X Short LLY ETF Cena

—EUR

PRO

TER1,29 %

AUM1,48 Mio. USD

ValutaUSD

Začetek delovanja fonda2. 9. 2025

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Podlaga

LLY

LLY2X Short Daily

LLY

Defiance Daily Target 2X Short LLY ETF zagotavlja 2X obratnodnevno izpostavljenost LLY.

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.