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).
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Classification
How Beacon categorizes this fundWhere 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.
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Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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 2026-06-06