ORCX

Defiance Daily Target 2X Long ORCL ETF

$23.91

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Defiance Daily Target 2X Long ORCL ETF (ORCX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Oracle Corporation.

Overview

ETF tracking Defiance Daily Target 2X Long ORCL ETF

Category Leveraged

Issuer Other

Inception Date 2025-02-07

Market Cap $93.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $9.36 - $55.90

VWAP $23.10

Performance

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Investment Summary

📎 Investment Objective

The Defiance Daily Target 2X Long ORCL ETF (ORCX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Oracle Corporation.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to gain leveraged exposure to the target index. It rebalances its holdings daily to maintain the 2x leverage target.

✨ Key Features

Provides 2x daily leveraged exposure to Oracle Corporation's stock performance
Rebalances holdings daily to maintain targeted leverage
Designed for short-term, speculative trading rather than long-term investment
Has not yet accumulated significant assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Daily rebalancing can magnify losses during periods of high volatility
Tracking error risk, as the fund may not perfectly match the 2x target
Liquidity risk due to the fund's small asset base

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek short-term, speculative exposure to Oracle Corporation's stock performance and understand the risks associated with leveraged funds. It is not suitable for long-term, buy-and-hold investors.