AUM $30.0MER 1.30%NAV $18.97Holdings 10Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$18.40Day Range
$18.84$20.12
52-Week Range
$18.40$112.27
Avg Volume
46.7KDividend Yield
—Expense Ratio
1.30%AUM
$30.0MShares 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 $30.0M 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 | 57.29% | 16,800,000 | $16.7M |
| 2 | — | NOKIA CORP SWAP NMRA-L | 36.05% | 988,347 | $10.5M |
| 3 | — | NOKIA OYJ-SWAP-NBCB-L | 35.90% | 984,033 | $10.5M |
| 4 | — | NOKIA CORP SWAP MAREX-L | 35.08% | 961,656 | $10.2M |
| 5 | — | NOKIA CORP SWAP CS-L | 33.46% | 917,178 | $9.7M |
| 6 | — | NOKIA CORP SWAP CF-L | 31.53% | 864,417 | $9.2M |
| 7 | — | NOKIA OYJ-SWAP-JNST-L | 21.45% | 587,906 | $6.2M |
| 8 | — | NOKIA OYJ-SWAP-MSCS-L | 6.88% | 188,607 | $2.0M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 0.97% | 281,100 | $281K |
| 10 | — | Cash & Other | -158.59% | -46,172,179 | $-46172179 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +8.53% | |
| 1W | -39.35% | |
| 1M | -46.63% | |
| 3M | -76.03% | |
| 6M | -41.61% | |
| YTD | +0.24% | |
| 1Y | +0.24% | |
| 3Y | +0.24% | |
| 5Y | +0.24% |
Moving Averages
20-Day MA
$32.63
Below 20-Day MA50-Day MA
$36.01
Below 50-Day MA200-Day MA
$46.57
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$19.97
52-Week Low
$18.40
$18.40$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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