Defiance InvestmentsUBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Defiance ETFs has launched the Defiance Daily Target 2X Short MU ETF (MUZ), a single-stock leveraged ETF designed to deliver -200% of Micron Technology’s daily share-price performance before fees and expenses. The fund provides traders with amplified bearish exposure to the memory-chip maker through swaps and options, targeting short-term tactical positioning rather than long-term investing. Because the ETF resets daily, returns over longer periods can diverge significantly from -2x Micron’s performance due to compounding and volatility. MUZ joins Defiance’s expanding lineup of leveraged and inverse single-stock ETFs.
At a glance
- Beat
- Launches
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 9 June 2026
Source: Press Release
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