Daily Target 2X Long NOK ETF
LNOK
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Matthew Tuttle
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 234 West Florida Street Milwaukee WI United States of America 53204
- IPO Date
- Jan 21, 2026
- Website
- defianceetfs.com
- Similar Companies
- Business
- Defiance Daily Target 2X Long N (ticker: LNOK) is an exchange‑traded fund (ETF) issued by Defiance ETFs that seeks to provide leveraged daily exposure to the performance of the Nasdaq‑100 Index, with an objective of delivering approximately two times (2X) the daily return of the underlying index before fees and expenses. The fund is structured as a non‑diversified, open‑ended management investment company registered under the Investment Company Act of 1940 and is listed on a major U.S. securities exchange for intraday trading. LNOK is designed for sophisticated investors seeking short‑term, leveraged exposure to large‑cap growth and technology‑oriented equities represented in the Nasdaq‑100, rather than as a buy‑and‑hold long‑term investment vehicle. LNOK’s primary offering is a daily leveraged ETF share class that tracks the Nasdaq‑100 Index using swaps, futures, and other derivative instruments to achieve its 2X long exposure; the fund resets its leverage on a daily basis, which can cause performance to diverge significantly from a simple 2X multiple of the index over periods longer than one day. The product is marketed and distributed through brokerage platforms, institutional channels, and financial advisors, targeting active traders, hedge funds, and other market participants who employ tactical trading strategies in U.S. equity markets. LNOK operates within the broader U.S. ETF industry and falls under the thematic segment of leveraged equity ETFs, specifically concentrated in the technology and growth‑oriented equity space. Defiance ETFs, the issuer of LNOK, is headquartered in New York, New York, and was founded in 2017 as an ETF sponsor focused on thematic, innovation‑driven strategies. The firm’s product lineup includes a range of ETFs spanning areas such as technology, cybersecurity, genomics, space, and other growth‑oriented themes, with LNOK positioned as one of its leveraged Nasdaq‑100‑linked offerings. Defiance ETFs operates primarily in the United States, with its funds available to retail and institutional investors via major U.S. exchanges and clearing systems, and it may also distribute certain strategies through international channels subject to local regulatory approvals. In recent years, Defiance ETFs has expanded its thematic and leveraged product suite, including enhancements and repositioning of its Nasdaq‑100‑linked strategies to better align with investor demand for high‑beta technology exposure and intraday trading tools. The firm has also engaged in strategic partnerships with trading platforms and data providers to increase distribution and visibility for its leveraged and thematic ETFs, including LNOK, while continuing to refine fee structures and index‑tracking methodologies across its lineup. No material name change, reorganization, or acquisition affecting LNOK itself has been reported in the last one to two years; the fund remains an actively traded 2X long Nasdaq‑100 ETF within Defiance ETFs’ broader portfolio of innovation‑themed and leveraged strategies.