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Defiance Daily Target 2X Long NOK ETF
LNOK performance and flow charts
Performance
Flows
Historic performance and flows
Data as of June 5, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +3.55% | +177.61% | ||||
| Flows | +$101M | +$125M | - | - | - | - |
Characteristics
The Defiance Daily Target 2X Long NOK ETF is built to track the NOK Price - USD. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Leveraged |
| Provider | Defiance ETFs |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
| Inception date | January 20, 2026 |
| ESG | No |
More data and info about LNOK on Trackinsight
LNOK's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +141.27% | |||
Max drawdown | -29.23% | |||
Max drawdown duration | 3d | N/A | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of June 7, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is LNOK?
LNOK is a Passive ETF that provides exposure to Equity assets. It is managed by Defiance ETFs.
What index does LNOK track?
LNOK tracks the NOK Price - USD, aiming to replicate its performance through unfunded swap.
What does LNOK invest in?
This ETF provides leveraged exposure (2x) to Equities. It is part of the segment: Leveraged Equity.
What is the expense ratio of LNOK?
The total expense ratio (TER) of LNOK is 1.31%, representing the annual fee charged by the fund manager.
When was LNOK launched?
LNOK was launched on January 20, 2026, marking its entry into the ETF market.
Who is the issuer of LNOK?
LNOK is issued by Defiance ETFs.
What is the AUM of LNOK?
As of June 5, 2026, LNOK manages $121.60 M, reflecting the total assets held in the fund.
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