Defiance Daily Target 2X Long SOUN ETF (SOUX)

Defiance Daily Target 2X Long SOUN ETF (SOUX) is an exchange-traded fund in the Trading Leveraged Equity category. It has $12.03M in assets, an expense ratio of 1.29% and a 76.02% dividend yield. 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.