AUM $23.5MER 1.30%NAV $13.96Holdings 10Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$12.26Day Range
$12.64$13.13
52-Week Range
$12.26$112.27
Avg Volume
87.5KDividend Yield
—Expense Ratio
1.30%AUM
$23.5MShares Outstanding
104.8KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Defiance
- Inception Date
- Jan 20, 2026
- Exchange
- BATS
- Description
- LNOK uses swap agreements and short-dated listed call options to make bullish bets on the share price of Nokia Corporation - ADR (NYSE: NOK). NOK Limited operates energy-efficient data centers that provide computing infrastructure for Bitcoin mining and AI workloads, focusing on scalable, sustainable power use for high-performance data processing. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in NOKs price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility, compounding, or rebalancing effects. LNOK may also hold US government securities, money market funds, short-term bond ETFs, and investment-grade corporate debt as collateral for its derivatives positions.
The Daily Target 2X Long NOK ETF (LNOK) is an exchange-traded fund issued by Defiance that launched on Jan 20, 2026. It currently manages $23.5M in assets under management. The fund charges an expense ratio of 1.30%. The fund holds 10 securities in its portfolio.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | United States Treasury Bill 11/19/2026 | 78.29% | 17,950,000 | $17.9M |
| 2 | — | NOKIA CORP SWAP NMRA-L | 34.79% | 830,314 | $7.9M |
| 3 | — | NOKIA OYJ-SWAP-NBCB-L | 33.85% | 807,944 | $7.7M |
| 4 | — | NOKIA OYJ-SWAP-JNST-L | 31.10% | 742,205 | $7.1M |
| 5 | — | NOKIA CORP SWAP CS-L | 29.98% | 715,463 | $6.8M |
| 6 | — | NOKIA CORP SWAP MAREX-L | 29.36% | 700,771 | $6.7M |
| 7 | — | NOKIA CORP SWAP CF-L | 28.74% | 685,979 | $6.6M |
| 8 | — | NOKIA OYJ-SWAP-MSCS-L | 12.58% | 300,181 | $2.9M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 0.22% | 49,431 | $49K |
| 10 | — | Cash & Other | -178.91% | -40,863,756 | $-40863756 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +6.97% | |
| 1W | -3.70% | |
| 1M | -29.77% | |
| 3M | -54.16% | |
| 6M | -74.32% | |
| YTD | -35.46% | |
| 1Y | -35.46% | |
| 3Y | -35.46% | |
| 5Y | -35.46% |
Moving Averages
20-Day MA
$15.47
Below 20-Day MA50-Day MA
$23.48
Below 50-Day MA200-Day MA
$42.01
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$13.11
52-Week Low
$12.26
$12.26$112.27
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
Compare with Another ETF
Search for an ETF to compare with LNOK:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.