Defiance Daily Target 2X Long OSCR ETF (OSCX)
Defiance Daily Target 2X Long OSCR ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $101.41, up 19.16% on the session, giving a market capitalisation of $9.1M. Its beta of 2.67 implies it has historically moved more than the broad market.
This ETF is engineered to deliver daily investment performance that is two times (200%) the daily price fluctuation of Oscar Health, Inc.'s stock. These results are calculated before any fees or expenses are factored in. Crucially, its investment objective applies strictly to a single trading day, and it is not designed to achieve similar leveraged returns for holding periods beyond that.
Defiance Daily Target 2X Long OSCR ETF is most often compared with the following Financial Services names: