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Defiance Files for Hourly Reset Leveraged ETFs on Meta and Tech Stocks

The Daily Upside Read original source (opens in a new tab)
The Story

News Summary

  • Defiance ETFs has filed SEC plans for 16 leveraged single-stock ETFs with hourly resets, targeting stocks like Meta and Palantir.
  • Analysts warn the frequent intraday rebalancing introduces significant compounding risks and decay for active day traders.
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META price history

666.54 +5.47% over the displayed period

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