Defiance, a leading provider of ETFs, is proud to announce the
launch of a groundbreaking leveraged ETF - the Defiance Daily
Target 2X Long Uranium ETF - marking a significant advancement in
the investment landscape for tactical traders.
We believe the unveiling of URAX represents a pivotal moment in
the realm of commodities trading. With a relentless focus on
innovation, Defiance is revolutionizing the sector by offering
investors unparalleled opportunities to potentially capitalize on
the transformative power of nuclear energy.
URAX is poised to capitalize on a potential global shift towards
nuclear power as a clean, reliable, and efficient energy source.
With increasing demand for uranium- driven by the expansion of
nuclear power generation worldwide and growing recognition of its
role in combating climate change, URAX provides traders with
leveraged exposure to this burgeoning market.
Commenting on the launch, Sylvia Jablonski, Chief Executive
Officer at Defiance ETFs, stated, "We are thrilled to introduce
URAX, the first leveraged ETF in uranium. This ETF reflects our
commitment to providing investors with innovative opportunities to
capitalize on emerging trends and disruptive technologies. With
URAX, traders can now leverage the potential of nuclear
energy.”
About Defiance ETFsFounded in 2018, Defiance
stands as a leading ETF issuer dedicated to income and thematic
investing.
Our suite of first-mover leveraged & thematic ETFs
empowers investors to express targeted views on disruptive
innovations, including artificial intelligence, machine learning,
and quantum computing, while our actively managed options ETFs are
designed to seek high income with lower volatility.
Important Disclosures
The fund attempts to provide daily investment results
that correspond to two times (200%) the share price performance of
an underlying exchange-traded fund (an "Underlying Security"). The
Fund is not intended to be used by, and is not appropriate for,
investors who do not intend to actively monitor and manage their
portfolios. The Fund is very different from most mutual funds and
exchange-traded funds.
The Fund’s investment adviser will not attempt to
position a Fund's portfolio to ensure that the Fund does not gain
or lose more than a maximum percentage of its net asset value on a
given trading day. As a consequence, if an Underlying Security's
share price referenced by a Fund decreases by more than 50% on a
given trading day, the corresponding Fund's investors could lose
all of their money.
The Fund does not seek to achieve its stated investment
objective for a period other than a single trading day.
Defiance ETFs LLC is the ETF sponsor. The Fund’s investment
adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).
Fund holdings and sector allocations are subject to change at
any time and should not be considered recommendations to buy or
sell any security.
The Funds' investment objectives, risks, charges, and expenses
must be considered carefully before investing. The prospectus
contains this and other important information about the investment
company. Please read carefully before investing. A hard copy of the
prospectuses can be requested by calling 833.333.9383.
Past performance is no guarantee of future results. High ratings
does not assure favorable performance.
Investing involves risk. Principal loss is possible. As
an ETF, the funds may trade at a premium or discount to NAV. Shares
of any ETF are bought and sold at market price (not NAV) and are
not individually redeemed from the Fund. A portfolio concentrated
in a single industry or country, may be subject to a higher degree
of risk.
There is no guarantee that the Fund’s investment strategy will
be properly implemented, and an investor may lose some or all of
its investment.
None of the Fund, the Trust, the Adviser, the Sub-Adviser, or
their respective affiliates makes any representation to you as to
the performance of the Index. THE FUND, TRUST, ADVISER, AND
SUB-ADVISER ARE NOT AFFILIATED WITH, NOR ENDORSED BY, THE
INDEX.
The Daily Target 2X Long Uranium ETF (the
“Fund”) seeks daily leveraged investment results of two
times (200%) the daily percentage change in the share price of the
Global X Uranium ETF (NYSE Arca: URA) (the “Underlying Security” or
“URA”). Because the Fund seeks daily leveraged investment results,
it is very different from most other exchange-traded funds. It is
also riskier than alternatives that do not use leverage.
Underlying Security Risk. The underlying
security is subject to many risks that can negatively impact the
Fund. Fixed Income Securities Risk. When the Fund
invests in fixed income securities, the value of your investment in
the Fund will fluctuate with changes in interest rates. Typically,
a rise in interest rates causes a decline in the value of fixed
income securities owned by the Fund. Leverage
Risk. Leverage may increase the risk of loss and cause
fluctuations in the market value of the Fund's portfolio to have
disproportionately large effects or cause the NAV of the Fund
generally to decline faster than it would otherwise.
Derivatives Risk. Derivatives may be more
sensitive to changes in market conditions and may amplify risks.
Foreign and Emerging Markets Risks. Investments in
foreign securities may involve risks such as social and political
instability, market illiquidity, exchange-rate fluctuations, a high
level of volatility and limited regulation. Investing in emerging
markets involves different and greater risks, as these countries
are substantially smaller, less liquid and more volatile than
securities markets in more developed markets. Effects of
Compounding and Market Volatility Risk. The Fund has a
daily leveraged investment objective and the Fund's performance for
periods greater than a trading day will be the result of each day's
returns compounded over the period, which is very likely to differ
from the Fund performance, before fees and expenses. Single
Issuer Risk. Issuer-specific attributes may cause an
investment in the Fund to be more volatile than a traditional
pooled investment which diversifies risk or the market generally.
The value of the Fund, which focuses on an individual security, may
be more volatile than a traditional pooled investment or the market
as a whole and may perform differently from the value of a
traditional pooled investment or the market as a whole. New
Fund Risk. As of the date of this prospectus, the Fund has
no operating history and currently has fewer assets than larger
funds. Like other new funds, large inflows and outflows may impact
the Fund's market exposure for limited periods of time.
Diversification does not ensure a profit nor protect against
loss in a declining market.
Commissions may be charged on trades.
URAX is distributed by Foreside Fund Services, LLC.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/eb2161b8-18df-48e3-8e9e-45a545f66e95
CONTACT:
David Hanono
Defiance ETFs
+1 833-333-9383
Global X Uranium (AMEX:URA)
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From Nov 2024 to Dec 2024
Global X Uranium (AMEX:URA)
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From Dec 2023 to Dec 2024