UMALDefiance Daily Target 2X Long UMAC ETF
Seeks daily investment results of 200% the daily percentage change in the share price of Unusual Machines, Inc.
By Defiance ETFs LLC · Launched 2026
1.31%
#5,603 of 5,854 · expensive
$1M
#5,625 of 5,854 · small
N/A
2 months
#5,695 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
What it actually holds
By weightAsset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
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 Unusual Machines, Inc.
- Strategy
- Actively managed ETF aiming for 200% daily exposure to the share price of Unusual Machines, Inc. through derivatives like swaps and options. The strategy involves daily rebalancing to maintain leverage and is concentrated in the electronic equipment industry.
- Inception date
- June 17, 2026
- Fund family
- Defiance ETFs LLC
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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 2026-08-03