Defiance Daily Target 2X Long AMAT ETF (AMA) is an exchange-traded fund in the Trading Leveraged Equity category. It has $51.07M in assets and an expense ratio of 1.29%. The fund is an actively managed exchange traded fund (“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 is non-diversified.