The new leveraged funds target bearish and bullish views on Rocket Lab Corp. and Barrick Mining Corp., respectively.
Defiance ETFs has added another set of single stock leveraged exchange-traded funds (ETFs) to its portfolio. The new launches include the Defiance Daily Target 2X Short RKLB ETF (RKLZ) and the Defiance Daily Target 2X Long B ETF (BU). The funds will not achieve their stated investment objective beyond a single trading day RKLZ will seek to deliver inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage ch