AUM $29.9MER 1.31%NAV $34.40Holdings 10Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$35.89Day Range
$34.17$35.43
52-Week Range
$19.04$112.27
Avg Volume
78.3KDividend Yield
—Expense Ratio
1.31%AUM
$29.9MShares 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 $29.9M in assets under management. The fund charges an expense ratio of 1.31%. 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 08/27/2026 | 64.50% | 18,450,000 | $18.4M |
| 2 | — | NOKIA CORP SWAP MAREX-L | 38.30% | 1,078,795 | $10.9M |
| 3 | — | NOKIA CORP SWAP NMRA-L | 37.28% | 1,050,050 | $10.7M |
| 4 | — | NOKIA CORP SWAP CS-L | 36.74% | 1,034,624 | $10.5M |
| 5 | — | NOKIA OYJ-SWAP-NBCB-L | 35.89% | 1,010,839 | $10.3M |
| 6 | — | NOKIA CORP SWAP CF-L | 32.97% | 928,560 | $9.4M |
| 7 | — | NOKIA OYJ-SWAP-JNST-L | 14.97% | 421,500 | $4.3M |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 6.89% | 1,970,543 | $2.0M |
| 9 | — | NOKIA OYJ-SWAP-MSCS-L | 6.70% | 188,607 | $1.9M |
| 10 | — | Cash & Other | -174.24% | -49,809,988 | $-49809988 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -2.17% | |
| 1W | -2.96% | |
| 1M | +18.26% | |
| 3M | -62.93% | |
| 6M | +25.36% | |
| YTD | +74.31% | |
| 1Y | +74.31% | |
| 3Y | +74.31% | |
| 5Y | +74.31% |
Moving Averages
20-Day MA
$32.86
Above 20-Day MA50-Day MA
$45.58
Below 50-Day MA200-Day MA
$47.88
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$35.11
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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