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Dividend Vision

AMA — Defiance Daily Target 2X Long AMAT ETF

Defiance Daily Target 2X Long AMAT ETF (AMA)

AMA carries a 1.29% expense ratio. Total return is 30.7% over the past 0.3 years, 2.0 points ahead of AMAT at 28.7%.

Defiance Daily Target 2X Long AMAT ETF uses leverage to seek 2x daily returns of Applied Materials Inc. (AMAT) stock, making it a leveraged equity product designed for short-term trading rather than long-term holding. The fund carries a 1.29% expense ratio and does not distribute income, reflecting its capital appreciation focus. This product appeals to experienced traders and speculators seeking amplified exposure to semiconductor stock price movements on an intraday basis, though leverage amplifies both gains and losses.

AMA key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Expense ratio
1.29%
Last close
$26.15
AUM
$22,129,828
Average volume
1468800.0