Key stats
About Defiance Daily Target 2X Short OKLO ETF
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Inception date
Nov 25, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US88636W4603
OKLS uses swap agreements to make bearish bets on Oklo Inc. (NASDAQ: OKLO) share price. OKLO engages in the development of fission reactors. It provides clean energy through the design and deployment of fast fission power plants. The fund maintains a daily leveraged exposure equivalent to -200% of the fund's net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if OKLO's performance strengthens. The fund is expected to invest in cash-like instruments as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash68.70%
Government25.84%
Mutual fund5.47%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OKLS assets under management is 3.04 M USD. It's risen 34.00% over the last month.
OKLS fund flows account for 5.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, OKLS doesn't pay dividends to its holders.
OKLS shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Nov 25, 2025, and its management style is Active.
OKLS expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
OKLS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OKLS invests in cash.
OKLS price has fallen by −24.72% over the last month, and its yearly performance shows a −21.18% decrease. See more dynamics on OKLS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −30.20% over the last month, showed a −30.20% decrease in three-month performance and has decreased by −30.20% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −30.20% over the last month, showed a −30.20% decrease in three-month performance and has decreased by −30.20% in a year.
OKLS trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.