AUM$1.1M
Expense Ratio1.31%
NAV$28.36
Holdings7
InceptionJan 20, 2026
Price Chart
Key Statistics
Previous Close
$29.32Day Range
$30.23$31.75
52-Week Range
$19.04$31.87
Avg Volume
6.0KDividend Yield
N/AExpense Ratio
1.31%AUM
$1.1MShares Outstanding
52.4KCountry Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Defiance
- Subcategory
- Artificial Intelligence
- 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 $1.1M in assets under management. The fund charges an expense ratio of 1.31%. The fund holds 7 securities in its portfolio.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 35.24% | -1,456,925 | $-1456925 |
| 2 | 654902204-TRS-09/08/28-L-LNOK | NOKIA CORP SWAP CF-L | 20.44% | 104,703 | $845K |
| 3 | 654902204-TRS-02/22/28-L-LNOK | NOKIA CORP SWAP CS-L | 19.01% | 97,416 | $786K |
| 4 | 654902204-TRS-01/21/29-L-LNOK | NOKIA CORP SWAP MAREX-L | 18.63% | 95,450 | $770K |
| 5 | FGXXX | First American Government Obligations Fund 12/01/2031 | 4.02% | 166,085 | $166K |
| 6 | 912797PV3 | United States Treasury Bill 03/19/2026 | 1.69% | 70,000 | $70K |
| 7 | 654902204-TRS-02/27/29-L-LNOK | NOKIA CORP SWAP NMRA-L | 0.98% | 5,000 | $40K |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | +5.15% | — | ||
| 1W | -2.15% | — | ||
| 1M | +26.63% | — | ||
| 3M | +51.89% | — | ||
| 6M | +51.89% | — | ||
| YTD | +51.89% | — | ||
| 1Y | +51.89% | — | ||
| 3Y | +51.89% | — | ||
| 5Y | +51.89% | — |
Moving Averages
20-Day MA
$27.51
Above 20-Day MA50-Day MA
$25.45
Above 50-Day MA200-Day MA
$25.45
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$31.87
Current Price
$30.83
52-Week Low
$19.04
$19.04$31.87
Current Yield
N/A
Annual Dividend
N/A
Frequency
N/A
Last Ex-Date
N/A
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
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