LMNX Daily Target 2X Long LMND ETF
Quote as of Aug 27, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 9.10 | Day Range | 9.16 – 9.96 |
| 52-Week Range | 6.90 – 55.00 | Volume | 16.61K |
| Avg Volume | 45.29K | AUM | $4.0M (Oct 10, 2026) |
| Expense Ratio | 1.31% | Yield (TTM) | — |
| NAV | 9.09 | Premium/Discount | +0.75% indicative |
| Inception | Oct 15, 2025 | Holdings | 2 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Leveraged | Index Tracked | Not stated in source data |
| CUSIP | 88636W767 | ISIN | US88636W7671 |
| Structure | Leveraged 2x | ||
| Management | Not stated in source data | ||
About this ETF
This Fund endeavors to produce daily investment performance equivalent to two times (200%) the daily percentage movement of Lemonade, Inc. (NYSE: LMND) shares, prior to the deduction of fees and expenses. Crucially, the Fund's investment goal is solely intended to be met on a daily basis and is not designed for holding periods longer than a single trading day.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -35.04% | -34.05% | -39.70% | -69.18% | — | — | — | — | -43.87% |
| Total return | -35.04% | -34.05% | -39.70% | -69.18% | — | — | — | — | -43.87% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 27, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.31% | Annual cost of a $10,000 investment | $131.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 28, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 93.44% | 3.93M | $3.9M |
| 2 | First American Government Obligations Fund… | — | 6.56% | 276.31K | $276.3K |
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Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 168.63% / — | Sharpe 1Y / 3Y | 0.616 / — |
| Max drawdown 1Y / 3Y | -85.92% / — | Sortino 1Y | 0.94 |
| Beta vs S&P 500 (3Y) | -2.06 | Correlation vs S&P 500 (1Y) | 0.423 |
| Downside deviation 1Y | 110.41% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 16.61K | Average volume | 45.29K |
| AUM | $4.0M | Premium/Discount | +0.75% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $4.0M → $4.0M |
| 1 Month | $0.00 | 0.00% | $4.0M → $4.0M |
| 1 Week | $0.00 | 0.00% | $4.0M → $4.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for LMNX
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.