Defiance Daily Target 2X Long NOK ETF

Defiance Daily Target 2X Long NOK ETF is a leveraged exchange-traded fund designed to provide daily investment results that are two times the performance of Nokia Corporation – ADR. The fund uses derivatives, including swap agreements and listed options, to create amplified exposure to Nokia’s share price movement without requiring investors to buy the stock directly. It is built for short-term tactical use and resets each trading day, meaning its objective applies to a single session rather than longer holding periods. Defiance Daily Target 2X Long NOK ETF is part of the single-stock leveraged ETF segment, offering focused exposure to the telecommunications and networking business associated with Nokia, including mobile networks, enterprise networking, and digital infrastructure themes. The fund is aimed at market participants seeking a concentrated, actively managed instrument tied to one company’s daily equity performance.