AVGXDefiance Daily Target 2X Long AVGO ETF

Defiance Daily Target 2X Long AVGO ETF is an actively managed exchange-traded fund designed to provide daily leveraged exposure to Broadcom Inc. through derivatives rather than direct stock ownership. The fund seeks to deliver two times the daily percentage change in Broadcom’s share price, using instruments such as swap agreements and listed options contracts to maintain its target exposure. It is structured for short-term tactical use and resets its leverage daily, making its performance dependent on the underlying stock’s day-to-day movements. The ETF is non-diversified and is focused on a single underlying company in the semiconductor and infrastructure software space. Within the market, it serves investors looking for amplified exposure to Broadcom through a concentrated, synthetic strategy built around one of the technology sector’s most influential names.