AUM $112.7MER 1.31%NAV $82.27Holdings 8Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$76.65Day Range
$77.98$86.42
52-Week Range
$19.04$112.27
Avg Volume
587.3KDividend Yield
—Expense Ratio
1.31%AUM
$112.7MShares Outstanding
52.4KETF 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 $112.7M in assets under management. The fund charges an expense ratio of 1.31%. The fund holds 8 securities in its portfolio.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 34.70% | -96,359,691 | $-96359691 |
| 2 | 654902204-TRS-02/22/28-L-LNOK | NOKIA CORP SWAP CS-L | 14.63% | 2,882,756 | $40.6M |
| 3 | 654902204-TRS-01/21/29-L-LNOK | NOKIA CORP SWAP MAREX-L | 12.94% | 2,550,000 | $35.9M |
| 4 | 654902204-TRS-09/08/28-L-LNOK | NOKIA CORP SWAP CF-L | 12.62% | 2,487,442 | $35.0M |
| 5 | 654902204-TRS-01/31/33-L-LNOK | NOKIA OYJ-SWAP-NBCB-L | 12.50% | 2,463,520 | $34.7M |
| 6 | 654902204-TRS-03/31/33-L-LNOK | NOKIA CORP SWAP NMRA-L | 8.65% | 1,705,000 | $24.0M |
| 7 | 912797TE7 | United States Treasury Bill 06/25/2026 | 3.66% | 10,170,000 | $10.2M |
| 8 | FGXXX | First American Government Obligations Fund 12/01/2031 | 0.32% | 881,191 | $881K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +10.76% | |
| 1W | +1.82% | |
| 1M | +4.60% | |
| 3M | +142.76% | |
| 6M | +316.74% | |
| YTD | +316.74% | |
| 1Y | +316.74% | |
| 3Y | +316.74% | |
| 5Y | +316.74% |
Moving Averages
20-Day MA
$89.53
Below 20-Day MA50-Day MA
$69.98
Above 50-Day MA200-Day MA
$49.05
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$84.90
52-Week Low
$19.04
$19.04$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.
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