Defiance Daily Target 2X Short TSM ETF (STSM) 주가, 시세, 뉴스 및 이력 | Benzinga

To achieve investment objective the Fund is an actively managed exchange traded fund that attempts to achieve 2 times the inverse (-200 percent) of the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund aims to generate 2 times the inverse of the daily performance of the Underlying Security for a single day, and not for any other period. A single day is defined as being calculated from the close of regular trading on one trading day to the close on the next trading day. The Fund is classified as non-diversified under the 1940 Act.