AUM $11.5MER 1.31%NAV $42.62Holdings 8Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$47.63Day Range
$50.18$55.30
52-Week Range
$19.04$50.60
Avg Volume
62.1KDividend Yield
—Expense Ratio
1.31%AUM
$11.5MShares 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 $11.5M 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 | 36.43% | -17,938,875 | $-17938875 |
| 2 | 654902204-TRS-03/31/33-L-LNOK | NOKIA CORP SWAP NMRA-L | 15.69% | 738,360 | $7.7M |
| 3 | 654902204-TRS-02/22/28-L-LNOK | NOKIA CORP SWAP CS-L | 13.35% | 628,455 | $6.6M |
| 4 | 654902204-TRS-09/08/28-L-LNOK | NOKIA CORP SWAP CF-L | 12.73% | 599,141 | $6.3M |
| 5 | 654902204-TRS-01/21/29-L-LNOK | NOKIA CORP SWAP MAREX-L | 12.51% | 589,000 | $6.2M |
| 6 | 912797SV0 | United States Treasury Bill 05/21/2026 | 5.98% | 2,950,000 | $2.9M |
| 7 | FGXXX | First American Government Obligations Fund 12/01/2031 | 3.31% | 1,629,571 | $1.6M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +6.23% | |
| 1W | +1.89% | |
| 1M | +76.43% | |
| 3M | +117.28% | |
| 6M | +151.22% | |
| YTD | +151.22% | |
| 1Y | +151.22% | |
| 3Y | +151.22% | |
| 5Y | +151.22% |
Moving Averages
20-Day MA
$40.59
Above 20-Day MA50-Day MA
$33.75
Above 50-Day MA200-Day MA
$31.28
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$50.60
Current Price
$50.60
52-Week Low
$19.04
$19.04$50.60
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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