$URAX
  • About us

        • URAX Daily Target 2X Long Uranium ETF

          LLYX Daily Target 2X Long LLY ETF

          MSTX Daily Target 2X Long MSTR ETF

          SMST Daily Target 2X Short MSTR ETF

          SMCX Daily Target 2X Long SMCI ETF

          AVGX Daily Target 2X Long AVGO ETF

          NVOX Daily Target 2X Long NVO ETF

          RIOX Daily Target 2X Long RIOT ETF

          SOFX Daily Target 2X Long SOFI ETF

          QQQY Nasdaq 100 Enhanced Options 0DTE Income ETF

          WDTE S&P 500 Enhanced Options 0DTE Income ETF

          IWMY R2000 Enhanced Options 0DTE Income ETF

          SPYT S&P 500 Income Target ETF

          USOY Oil Enhanced Options Income ETF

          QQQT NASDAQ 100 Income Target ETF

          QTUM Quantum ETF

          SIXG Connective Technologies ETF

          HDRO Next Gen H2 ETF

          CRUZ Hotel, Airline, and Cruise ETF

          XMAG Large Cap Ex-Magnificent Seven ETF

          Product Guide Materials
  • Insights
  • News
  • Contact Us

URAX

$

Defiance Daily Target 2X Long Uranium ETF

Name(Required)
Distribution Rate *
-%
As of —
Distribution Frequency
Monthly
30-Day SEC Yield **
-%
As of —
rating

Defiance Daily Target 2X Long Uranium ETF

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.

The Fund may not achieve investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the underlying security, and may return substantially less during such periods. During such periods, the Fund’s actual leverage levels may differ substantially from its intended target, both intraday and at the close of trading, potentially resulting in significantly lower returns.

Fund Details

 Data as of 01/16/2025
Net Assets $4.10M
Premium/discount -0.28%
NAV $12.61
Closing Price $12.57
Shares Outstanding 325,000
Median 30 Day Spread 0.64%
Fund inception 05/23/24
Ticker URAX
Primary Exchange NYSE
CUSIP 88636J196
Fund Holdings 5
NAV Symbol URAX.NV
Expense Ratio 0.95%
30 Day SEC Yield* 1.18%
* Yield as of 12/31/2024
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor their portfolios. For periods longer than a single day, the Fund will lose money if the Underlying Security’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Security’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.

URAXMarket Price

Performance

YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% -28.81% -12.52% -21.14% -36.81%
Market Price (%) xx.xx% -29.00% -13.13% -21.22% -37.05%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% 8.75% 45.96% -12.39% -11.25%
Market Price (%) xx.xx% 8.69% 45.80% -12.48% -11.34%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% 13.00% 8.59% xx.xx% -18.39%
Market Price (%) xx.xx% 12.56% 9.14% xx.xx% -18.43%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% 18.78% -9.85% xx.xx% -27.78%
Market Price (%) xx.xx% 19.18% -9.31% xx.xx% -27.53%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% -19.09% -39.98% xx.xx% -39.19%
Market Price (%) xx.xx% -18.63% -39.97% xx.xx% -39.19%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% -6.20% xx.xx% xx.xx% -24.85%
Market Price (%) xx.xx% -6.48% xx.xx% xx.xx% -25.26%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% -20.92% xx.xx% xx.xx% -19.88%
Market Price (%) xx.xx% -21.11% xx.xx% xx.xx% -20.09%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months Since Inception
Total Return NAV (%) xx.xx% xx.xx% xx.xx% xx.xx% 1.31%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx% 1.30%
1 Year 3 Years 5 Years Since Inception
Total Return (%) xx.xx% xx.xx% xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx%
2024
Total Return NAV(%) xx.xx%
Market Price (%) xx.xx%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

Top Holdings

View full holdings
Name Symbol Stock price % Net assets Shares Held Market Value
Global X Fds Global X Uranium Swap Marex – L 37954Y871 TRS 111025 $27.36 155.26% 232,250 $6,354,360
Global X Fds Global X Uranium Swap Cs – L 37954Y871 TRS 052825 $27.36 37.97% 56,800 $1,554,048
First American Government Obligations Fund 12/01/2031 FGXXX $100.00 36.43% 1,491,177 $1,491,177
Global X Uranium Etf URA $27.36 6.72% 10,055 $275,105
Cash & Other Cash&Other $1.00 -136.39% -5,581,933 $-5,581,933
Data as of 01/17/2025. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings

Distribution

Declaration Date Ex-Div Date Record Date Payable Date Amount ($)
7/31/2024 8/1/2024 8/1/2024 8/5/2024 $0.00
8/30/2024 9/3/2024 9/3/2024 9/5/2024 $0.00
9/30/2024 10/1/2024 10/1/2024 10/3/2024 $0.00
10/31/2024 11/1/2024 11/1/2024 11/4/2024 $0.00
11/29/2024 12/2/2024 12/2/2024 12/4/2024 $0.00
12/30/2024 12/31/2024 12/31/2024 1/3/2025 $0.42751637
Distribution Rate *
As of —		 -%
Distribution Frequency Monthly
30-Day SEC Yield **
As of 12/31/2024		 1.18%

Defiance ETFs announces 2024 capital gains distributions

Click here to read more