Defiance Daily Target 2X Long AMKR ETF

AMKL uses swap agreements to make bullish bets on Amkor Technology, Inc. (Nasdaq: AMKR) (AMKR) share price. AMKR provides semiconductor packaging and testing services, supporting chipmakers and electronics companies worldwide. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in AMKR's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. AMKL fund could potentially lose value over time, even if AMKR's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.