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Beacon

STXLDefiance Daily Target 2X Long STX ETF

Take a betNewRanked #528 of 771 in this goal

The Fund seeks daily investment results of two times (200%) the daily percentage change in the share price of Seagate Technology Holdings PLC (Nasdaq: STX).

By Defiance ETFs LLC · Launched 2026

Annual Cost

1.31%

#5,355 of 5,573 · expensive

Fund Size

$17M

#4,455 of 5,573 · small

Return (1Y)Goal

N/A

Track Record

2 months

#5,411 of 5,573 · young

Performance

Total-return NAV · USD
Growth of $10,000
$30,044+200.4%

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

Sector

Information technology

What it actually holds

By weight

Concentration

Top 1 holdings = 4.9% of fund✓ well diversified

First American Government Obligs XFGXXX
4.9%

Asset allocation

Stocks
200.4%
Other
14.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-26.8%Moderate

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
The Fund seeks daily investment results of two times (200%) the daily percentage change in the share price of Seagate Technology Holdings PLC (Nasdaq: STX).
Strategy
The Fund is an actively managed ETF that seeks to achieve two times (200%) the daily percentage change in the share price of Seagate Technology using derivatives like swaps and options contracts.
Inception date
April 22, 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

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

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 2026-06-20