DV
Dividend Vision

LMNX — Defiance Daily Target 2x Long LMND ETF

Defiance Daily Target 2x Long LMND ETF (LMNX)

LMNX carries a 1.31% expense ratio. Total return is -45.3% over the past 0.8 years, 56.0 points behind LMND at 10.7%. Its deepest 1-year drawdown was 85.9%.

LMNX is a leveraged ETF that seeks daily investment results equal to 2x the performance of Lemonade Inc. (LMND), using financial derivatives and leverage to amplify price movements. The fund carries a 1.31% expense ratio and does not provide regular dividend distributions, making it a non-income-producing vehicle focused on price appreciation. This ETF appeals primarily to experienced traders and tactical investors seeking short-term directional exposure to the insurtech sector, rather than dividend or long-term buy-and-hold investors.

LMNX key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Inception date
10/15/2025
Expense ratio
1.31%
Last close
$8.92
AUM
$5,876,008
Average volume
17571.0