Defiance Daily Target 2X Long XOVR ETF is an actively managed derivative-based exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to 200% of the daily percentage change in the share price of the ERShares Private-Public Crossover ETF. The investment strategy uses financial derivatives to deliver amplified short-term bullish exposure for a single trading day to a reference portfolio composed of entrepreneurial public companies combined with private crossover investments.
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