The funds aim to deliver two times (200%) the daily percentage change in the share price of their underlying stocks by allowing investors to express tactical upside views.

Defiance ETFs, a Miami-based provider of thematic exchange-traded funds (ETFs), has launched two new funds to its single stock leveraged portfolio. Both funds aim to deliver two times (200%) the daily percentage change in the share price of their underlying stocks The ETFs include the Defiance Daily Target 2X Long ONDS ETF (ONDL) and the Defiance Daily Target 2X Long BITF ETF (BTFL). ONDL is designed for traders seeking magnified, short-term bullish exposure to Ondas Holdings, a technology