Defiance Daily Target 2X Long AMPX ETF (AMPU)

The Defiance Daily Target 2X Long AMPX ETF (AMPU) is a leveraged single-stock fund issued by Defiance ETFs. It seeks daily investment results, before fees and expenses, of 200% of the daily percentage change in the share price of Amprius Technologies, Inc.

Amprius Technologies develops and manufactures high-energy lithium-ion batteries that use silicon anode technology, aimed at applications such as drones, aviation and other uses where weight and energy density matter. The fund gains its exposure primarily through swaps and other derivatives.

The 2x objective applies to a single day only. Since leverage is reset daily, returns over longer holding periods can differ substantially from twice the stock's return.