AUM $14.4MER 1.30%NAV $9.11Holdings 10Inception Jan 2026
Price Chart
Key Statistics
Previous Close
$9.66Day Range
$10.10$11.13
52-Week Range
$9.09$112.27
Avg Volume
127.5KDividend Yield
—Expense Ratio
1.30%AUM
$14.4MShares Outstanding
104.8KETF 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 $14.4M 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 | 125.78% | 16,018,000 | $16.0M |
| 2 | — | NOKIA CORP SWAP MAREX-L | 39.98% | 644,304 | $5.1M |
| 3 | — | NOKIA OYJ-SWAP-JNST-L | 32.78% | 528,271 | $4.2M |
| 4 | — | NOKIA OYJ-SWAP-NBCB-L | 31.85% | 513,187 | $4.0M |
| 5 | — | NOKIA CORP SWAP NMRA-L | 31.19% | 502,556 | $4.0M |
| 6 | — | NOKIA CORP SWAP CS-L | 25.98% | 418,585 | $3.3M |
| 7 | — | NOKIA CORP SWAP CF-L | 24.51% | 394,938 | $3.1M |
| 8 | — | NOKIA OYJ-SWAP-MSCS-L | 14.44% | 232,631 | $1.8M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 3.11% | 394,771 | $395K |
| 10 | — | Cash & Other | -229.62% | -29,155,899 | $-29155899 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +13.87% | |
| 1W | -13.51% | |
| 1M | -32.35% | |
| 3M | -55.38% | |
| 6M | -84.85% | |
| YTD | -46.20% | |
| 1Y | -46.20% | |
| 3Y | -46.20% | |
| 5Y | -46.20% |
Moving Averages
20-Day MA
$14.44
Below 20-Day MA50-Day MA
$21.81
Below 50-Day MA200-Day MA
$41.51
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$112.27
Current Price
$11.00
52-Week Low
$9.09
$9.09$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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