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Beacon

DRNLDefiance 2X Daily Long Pure Dro

Take a betNewRanked #903 of 948 in this goal

Seeks daily investment results that correspond to 2X the daily performance of the BITA Pure Drone and Aerial Automation Index.

By Defiance ETFs LLC · Launched 2026

Annual Cost

1.31%

#5,602 of 5,853 · expensive

Fund Size

$0.6M

#5,703 of 5,853 · small

Return (1Y)Goal

N/A

Track Record

5 months

#5,222 of 5,853 · young

Performance

Total-return NAV · USD
Growth of $10,000
$2,496-75.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Index tracked

BITA Pure Drone and Aerial Automation Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

TREASURY BILL
52.0%
First American Government Obli
9.9%
N/A
2.3%
N/A
1.7%
N/A
1.5%
N/A
1.4%
N/A
1.1%
N/A
0.9%
N/A
-0.1%
N/A
-0.7%

Asset allocation

Other
93.5%
Stocks
87.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-80.9%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, NYSE American

Full fund details

Objective
Seeks daily investment results that correspond to 2X the daily performance of the BITA Pure Drone and Aerial Automation Index.
Strategy
Employs derivatives to achieve daily leveraged investment results corresponding to 2X the performance of the BITA Pure Drone and Aerial Automation Index. Invests primarily in publicly listed equity securities in the U.S. to maintain this exposure.
Inception date
March 2, 2026
Fund family
Defiance ETFs LLC

Our take

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

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

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 2026-08-02