The funds aim to deliver two times (200%) of the daily percentage change in the share price of their underlying stocks.

Defiance ETFs, a Miami-based provider of thematic exchange-traded funds (ETFs), has added two more funds to its growing single stock leveraged portfolio. Both ETFs have been listed on the Chicago Board Options Exchange (Cboe) since 12 January The ETFs include the Defiance Daily Target 2X Long RKT ETF (RKTL) and the Defiance Daily Target 2X Long LUNR ETF (LUNL). RKTL is designed for traders seeking magnified, short-term bullish exposure to Rocket Companies, a Detroit-based financial technolo