AUM $36.0MER 1.31%NAV $37.15Holdings 10Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$33.00Day Range
$28.40$32.63
52-Week Range
$19.04$112.27
Avg Volume
245.5KDividend Yield
—Expense Ratio
1.31%AUM
$36.0MShares 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 $36.0M 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 | 59.82% | 19,450,000 | $19.4M |
| 2 | — | NOKIA CORP SWAP NMRA-L | 44.48% | 1,481,083 | $14.4M |
| 3 | — | NOKIA CORP SWAP MAREX-L | 39.34% | 1,310,000 | $12.7M |
| 4 | — | NOKIA OYJ-SWAP-NBCB-L | 38.44% | 1,280,000 | $12.5M |
| 5 | — | NOKIA CORP SWAP CF-L | 38.20% | 1,271,947 | $12.4M |
| 6 | — | NOKIA CORP SWAP CS-L | 37.80% | 1,258,619 | $12.2M |
| 7 | — | First American Government Obligations Fund 12/01/2031 | 12.94% | 4,191,897 | $4.2M |
| 8 | — | NOKIA OYJ-SWAP-MSCS-L | 2.27% | 75,500 | $735K |
| 9 | — | 654902204 SWP JS | 0.02% | 500 | $5K |
| 10 | — | Cash & Other | -173.30% | -56,148,399 | $-56148399 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -13.91% | |
| 1W | -21.31% | |
| 1M | -54.64% | |
| 3M | -49.36% | |
| 6M | +25.95% | |
| YTD | +40.80% | |
| 1Y | +40.80% | |
| 3Y | +40.80% | |
| 5Y | +40.80% |
Moving Averages
20-Day MA
$48.62
Below 20-Day MA50-Day MA
$70.65
Below 50-Day MA200-Day MA
$50.56
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$28.41
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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