| NASDAQ (NMS) Exchange | US Country |
The Defiance Daily Target 2X Long ORCL ETF (the “Fund”) offers a unique investment opportunity by aiming to deliver daily leveraged results that are twice (200%) the daily percentage change in the share price of Oracle Corporation (NYSE: ORCL). This fund stands apart from traditional exchange-traded funds due to its focus on short-term trading and leverage. Investors should be mindful that the Fund does not guarantee that it will achieve its stated objectives consistently over time. As with any leveraged investment, the performance of the Fund can vary significantly, especially over periods longer than a single trading day.
The primary service offered by the Fund is the pursuit of daily investment results that are 200% corresponding to the daily percentage change in Oracle Corporation's stock price. This means that if ORCL increases by a certain percentage in a day, the Fund aims to provide a return that is two times that percentage, amplifying potential gains for investors willing to take on the risk.
Being an exchange-traded fund, the Defiance Daily Target 2X Long ORCL ETF allows investors to buy and sell shares on exchanges throughout the trading day at market prices. This offers flexibility and liquidity compared to traditional mutual funds, which are only priced at the end of the trading day.
Investing in this ETF gives investors targeted exposure to Oracle Corporation without needing to buy shares directly. This is particularly appealing for those who want to capitalize on the daily movements of ORCL’s stock price while using a leveraged approach.
The Fund employs various risk management strategies to navigate the volatility associated with leveraged investments. It is crucial for investors to understand the nature of these strategies and the inherent risks tied to daily leveraged exposure in order to make informed decisions.
The Fund's objective of achieving two times the daily return is not guaranteed on an ongoing basis; thus, investors should be prepared for the possibility that returns may be significantly different, particularly over periods exceeding one trading day.