Defiance Daily Target 2X Long IREN ETF (IRE) Dividend Yield, History & Forecast

Defiance Daily Target 2X Long IREN ETF (IRE) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $36M.

IRE fund composition

IRE holds 11 positions. It charges an expense ratio of 1.31%, and manages $324.2M.

IRE runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.

Frequently Asked Questions about Defiance Daily Target 2X Long IREN ETF (IRE)

What does Defiance Daily Target 2X Long IREN ETF invest in?
IRE uses swap agreements and short-dated listed call options to make bullish bets on the share price of IREN Limited (NASDAQ: IREN). IREN Limited operates energy-efficient data centers that provide computing infrastructure for Bitcoin mining and AI workloads, focusing on scalable, sustainable power use for high-performance data processing. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in IRENs price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility,...