All three ETFs are intended for short-term tactical trading and do not seek to replicate their stated objectives beyond a single trading day.
Defiance ETFs has introduced three new single-stock leveraged exchange-traded funds (ETFs), each designed to deliver twice the daily percentage change in the share price of its respective underlying stock. The launches include the Defiance Daily Target 2X Long MP ETF (Ticker: MPL), the Defiance Daily Target 2X Long Iren ETF (Ticker: IRE), and the Defiance Daily Target 2X Long QS ETF (Ticker: QSU). All three ETFs are intended for short-term tactical trading Defiance stated that ‘t