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Defiance Files 2X Leveraged ETF Tied to Kioxia Shares

Defiance has filed for a leveraged single-stock ETF designed to deliver 200% of the daily performance of Kioxia Holdings, the Japanese memory-chip manufacturer behind NAND flash, SSDs, and storage products. The fund will use swaps and listed options, rebalancing daily to maintain its 2x target. As with other leveraged ETFs, returns over periods longer than one day can diverge significantly from twice the stock’s performance due to compounding and volatility. The filing highlights that the ETF is intended for short-term, actively monitored trading rather than buy-and-hold investing.

At a glance
Beat
Filings
Issuer
Defiance Investments
Region
United States
Filed
8 June 2026

Source: SEC Filings

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