The funds provide leveraged exposure to the daily moves of the underlying equities and are intended for investors familiar with the risks of daily leverage.
Defiance ETFs has launched the Defiance Daily Target 2X Long ZETA ETF and the Defiance Daily Target 2X Long MRNA ETF, expanding its series of single-stock leveraged ETFs aimed at traders seeking amplified, short-term exposure to individual equities. The products are designed to deliver twice the daily percentage change in the share prices The products are designed to deliver twice the daily percentage change in the share prices of Zeta Global Holdings Corp and Moderna Inc respectively.