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Daily Target 2X Long NOK ETF (LNOK)

USD48.65 -7.01 (-12.59%)
CBOE USD US Equity
NAV USD 55.81 -12.83% vs NAV as of 2026-07-13
AUM USD 55.26M
TER 1.31%
Yield (TTM) —
Distribution —
52-week range 19.04 – 112.27
Holdings 8
Issuer Defiance

About this ETF

The LNOK exchange-traded fund is structured to provide leveraged exposure, aiming to deliver daily returns equivalent to 200% of the daily percentage change in Nokia Corporation - ADR (NYSE: NOK) stock price. It achieves this objective by utilizing financial instruments like swap agreements and short-term, listed call options, which are designed to capitalize on anticipated upward movements in Nokia's share value. Nokia Corporation, the underlying company, operates energy-efficient data centers that offer essential computing infrastructure for demanding applications such as Bitcoin mining and AI workloads, with a key focus on scalable and sustainable power usage for high-performance data processing. LNOK maintains its targeted 2x daily leverage through a strategy of continuous daily rebalancing. However, investors holding the fund for periods…

ISIN US88636X5591
Issuer Defiance
Domicile US
Inception 2026-01-20
Asset class Equity
Website defianceetfs.com/lnok

Price

Top 10 holdings

NOKIA CORP SWAP CS-L 654902204-TRS-02/22/28-L-LNOK 42.20%
NOKIA CORP SWAP CF-L 654902204-TRS-09/08/28-L-LNOK 41.84%
NOKIA CORP SWAP MAREX-L 654902204-TRS-01/21/29-L-LNOK 40.56%
NOKIA OYJ-SWAP-NBCB-L 654902204-TRS-01/31/33-L-LNOK 39.43%
NOKIA CORP SWAP NMRA-L 654902204-TRS-03/31/33-L-LNOK 36.05%
United States Treasury Bill 07/23/2026 912797TP2 35.14%
First American Government Obligations Fund 12/01/2031 FGXXX 4.07%
Cash & Other -139.28%
See full holdings →

Sector mix

No sector breakdown available for this fund.