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ASTYDefiance Daily Target 2X Long ASTS ETF

Take a betNewRanked #586 of 853 in this goal

Seeks daily investment results of 200% the daily percentage change in the share price of AST SpaceMobile, Inc.

By Defiance ETFs LLC · Launched 2026

Annual Cost

1.31%

#5,459 of 5,694 · expensive

Fund Size

$15M

#4,558 of 5,694 · small

Return (1Y)Goal

N/A

Track Record

2 months

#5,535 of 5,694 · young

Performance

Total-return NAV · USD
Growth of $10,000
$3,751-62.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-79.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results of 200% the daily percentage change in the share price of AST SpaceMobile, Inc.
Strategy
Actively managed ETF aiming for 200% daily exposure to AST SpaceMobile, Inc. through derivatives like swaps and options. The strategy involves daily rebalancing to maintain leverage and is concentrated in the telecommunications industry.
Inception date
May 20, 2026
Fund family
Defiance ETFs LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-07-10