Skip to content
Beacon

WYFLDefiance Daily Target 2X Long WYFI ETF

Seeks daily investment results of 200% the daily percentage change in the share price of WhiteFiber, Inc. (NASDAQ: WYFI).

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results of 200% the daily percentage change in the share price of WhiteFiber, Inc. (NASDAQ: WYFI).
Strategy
Actively managed ETF aiming for 200% daily exposure to WhiteFiber, Inc. using derivatives like swaps and options. Daily rebalancing expected to result in high turnover.

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

What's next?

You've reviewed WYFL. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-06