Key stats
About Defiance Daily Target 2X Long VST ETF
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Inception date
Jul 21, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
VSTL uses swap agreements to make bullish bets on Vistra Corp. (VST) share price. VST is an integrated retail electricity and power generation company that provides essential power resources. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in VST's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. VSTL could potentially lose value over time, even if VST's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Stocks4.78%
Utilities4.78%
Bonds, Cash & Other95.22%
Cash88.47%
Mutual fund6.75%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VSTL assets under management is 3.64 M USD. It's risen 248.72% over the last month.
VSTL fund flows account for 3.37 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, VSTL doesn't pay dividends to its holders.
VSTL shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Jul 21, 2025, and its management style is Active.
VSTL expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
VSTL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VSTL invests in cash.
VSTL trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.