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AMA Stock Price, Chart, Stats & News
Defiance Daily Target 2X Long AMAT ETF
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Defiance Daily Target 2X Long AMAT ETF (AMA) does not currently pay a dividend.
Trading--Leveraged Equity
Category
1.31%
Expense ratio
26.96M
Assets
AMA chart
1M
3M
1Y
5Y
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AMA returns
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
This actively managed exchange-traded fund (ETF) is designed to provide a daily return that is two times (200%) the percentage movement of its underlying asset. It achieves this leveraged exposure by utilizing various derivative instruments, including swap agreements and/or exchange-traded options contracts. This investment vehicle is also characterized as non-diversified.
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