Defiance Daily Target 2X Long PURR ETF (PUR)

Defiance Daily Target 2X Long PURR ETF (PUR) is an exchange-traded fund in the Trading Leveraged Equity category. It has $6.54M in assets and an expense ratio of 1.31%. The fund is an actively managed exchange traded fund that seeks 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. It aims to achieve this daily percentage change for a single day, and not for any other period. It is non-diversified.