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MSTX

36.46000 USD
0.56
1.51%
Last update Jun 27, 3:59 PM EDT
Market closed
Day range
36.45000
39.22000
Previous close
37.020000
Open
36.76000
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Defiance Daily 2x Long Master Fund
36.46
0.56
1.51%

Overview

Description

Defiance Daily 2x Long Master Fund is an exchange-traded fund (ETF) designed to deliver double the daily return of specific market benchmarks. As an inverse leveraged fund, its primary function is to magnify short-term results for investors with a high-risk tolerance seeking amplified exposure. Key sectors impacted by this fund include technology, healthcare, and financial services, as it leverages dynamic market indexes representing these industries. The fund employs complex financial instruments such as derivatives, swaps, and options to achieve its structured investment goals, making it crucial for participants to have a keen understanding of volatility and potential track errors. Notably, this fund plays a significant role in the financial markets by offering tactical tools for speculation or hedging within diversified portfolios. Its strategic design aids in capitalizing on rapid market shifts, distinguishing it as a potent vehicle for sophisticated risk management and allocation strategies.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
XNMS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 1 hour 5 minutes

02:54
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).