Tidal Trust II Defiance Daily Target 2x Long Uranium ETFTidal Trust II Defiance Daily Target 2x Long Uranium ETFTidal Trust II Defiance Daily Target 2x Long Uranium ETF

Tidal Trust II Defiance Daily Target 2x Long Uranium ETF

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Key stats


Assets under management (AUM)
‪4.78 M‬USD
Fund flows (1Y)
‪4.50 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
7.2%

About Tidal Trust II Defiance Daily Target 2x Long Uranium ETF


Issuer
Tidal Investments LLC
Brand
Defiance
Expense ratio
0.95%
Inception date
May 23, 2024
Index tracked
No Underlying Index
Management style
Active
URAX uses swap agreements to make bullish bets on (URA) Global X Uranium ETFs share price. URA tracks a market cap-weighted index that focuses on pure-play companies engaged in the production and mining of nuclear components. The fund maintains a daily leveraged exposure equivalent to 200% of the funds net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if URA's performance strengthens. The fund is expected to invest in T-bills, money market funds, short-term bond ETFs, and corporate debts as collateral.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Nuclear energy
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 19, 2024
Exposure type
Bonds, Cash & Other
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash68.03%
Mutual fund26.71%
ETF5.25%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows