Defiance Launches First 2x Leveraged ETF on Ouster Stock

Defiance ETFs has launched the Defiance Daily Target 2X Long OUST ETF (OUSL), the first ETF offering 2x daily leveraged exposure to Ouster, a developer of LiDAR sensors and perception software for autonomous vehicles, robotics, industrial automation, and drones. The fund seeks to deliver twice the stock’s daily return before fees and expenses, providing active traders with a tactical way to express short-term bullish views. Like other daily leveraged ETFs, OUSL resets leverage each trading day and is intended for experienced investors who actively monitor positions, as returns over longer periods can diverge significantly from 2x the underlying stock’s performance.