Industry description
The investment seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Hims & Hers Health Inc.
The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the Defiance Daily Target 2X Long HIMS ETF ETF was 3%. For the same ETF, the average monthly price growth was -9%, and the average quarterly price growth was 81%. HIMS experienced the highest price growth at 7%, while HIMS experienced the biggest fall at 7%.