URAX

Defiance Daily Target 2x Long Uranium ETF

URAX seeks to provide 2x leveraged exposure to the daily share price movement of the Global X Uranium ETF (URA), less fees and expenses.


Exposure

DERIVATIVES

Active

MANAGEMENT STYLE

$ 3.8 M

ASSETS UNDER MGMT

95 bp

EXPENSES
Fund Basics
Inception dateMay 23, 2024
RegulationOpen-Ended Fund
Fund Websitelink...
Distributions
CurrencyUSD
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top Holdings
GLOBAL X FDS GLOBAL X URANIUM SWAP MAREX - L 159.4 %
GLOBAL X FDS GLOBAL X URANIUM SWAP CS - L 32.5 %
GLOBAL X URANIUM ETF 8.1 %
CASH & OTHER -100.1 %
Historical Performance


Standardized Performance (as of 10/31/2025)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns -35.0% -50.3% -- -- -- -- -- -58.2%
Dividend Yield 35.0% 50.3% -- -- -- -- -- 58.2%
Total Returns -- -- -- -- -- -- -- --
Ann. Volatility 98.1% 83.5% -- -- -- -- -- 81.7%
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)0
ADV traded (mns)$0
Turnover0.0%
Avg. Bid/Ask (% of price)0.61%
Technical Indicators
30d moving avg. (EMA)$8.64
Relative strength (RSI)41
MACD/Signal-0.58/-0.73
Bollinger Bands (Upper/Lower)$10.27/$6.08
Short interest (% of AUM)1.5%
Distributions
Bid/Ask Spreads
61 bp
AVG SPREAD
<1 — <1 bp
RANGE
Spreads data based on the average National Best Bid & Offer (NBBO) found in observations at various times each trading day, for up to three months. Tick data supplied by NASDAQ.
Total Cost of Ownership EXPENSES    AVG SPREAD
156 bp
URAX
152 bp
PEER AVG