OSCX
Defiance Daily Target 2x Long OSCR ETF
📎 Investment Objective
The Defiance Daily Target 2x Long OSCR ETF (OSCX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the OSCRX Index.
Overview
ETF tracking Defiance Daily Target 2x Long OSCR ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance Daily Target 2x Long OSCR ETF (OSCX) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the OSCRX Index.
🎯 Investment Strategy
The fund uses a range of financial instruments, such as swap agreements and futures contracts, to gain leveraged exposure to the OSCRX Index. The index tracks the performance of a portfolio of U.S. equities.
✨ Key Features
- Provides 2x the daily performance of the OSCRX Index
- Utilizes leverage to amplify returns, both positive and negative
- Resets exposure daily, so longer-term performance may differ from 2x the index
- Relatively small asset base of $0
⚠️ Primary Risks
- Leveraged funds can experience significant losses in a short period of time
- Daily rebalancing can lead to performance deviation from the underlying index over longer periods
- Lack of historical performance data makes it difficult to assess long-term viability
- Low assets under management may indicate limited liquidity and trading volume
👤 Best For
This ETF is best suited for experienced, risk-tolerant investors with a short-term trading horizon who are seeking to amplify their exposure to the U.S. equity market. It is not recommended for long-term buy-and-hold investors due to the compounding effects of daily leverage resets.
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