The fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The fund aims to achieve this daily percentage change for a single day, and not for any other period. A "single day" means the period "from the close of regular trading on one trading day to the close on the next trading day." The fund is non-diversified.
Frequently asked questions
What is the Defiance Daily Target 2X Long SOUN ETF (SOUX) expense ratio?
The Defiance Daily Target 2X Long SOUN ETF funds expense ratio is 129%.
What is Defiance Daily Target 2X Long SOUN ETF (SOUX) current stock price?
As of the latest data, Defiance Daily Target 2X Long SOUN ETF stock price is $3.88, with a previous close of $4.24. Defiance Daily Target 2X Long SOUN ETF lost -$0.36 in the last trading session, representing a -8.47% loss.
Does Defiance Daily Target 2X Long SOUN ETF (SOUX) pay dividends?
Yes. Defiance Daily Target 2X Long SOUN ETF pays annual dividends with an annualized yield of 227.67% and an estimated annual payout of $8.84 per share.