The Defiance Daily Target 2x Long LMND ETF (Ticker: LMNX) offers investors a specialized opportunity to gain amplified exposure to the performance of Lemonade, Inc., a notable entity within the Property & Casualty Insurance sector. This ETF is meticulously designed to provide twice the daily return of Lemonade's stock price, net of fees and expenses, by employing sophisticated financial instruments such as swap agreements. As a sector-focused fund, LMNX uniquely targets the financials category with a concentrated emphasis on the innovative and rapidly evolving niche of Property & Casualty Insurance. This strategic focus allows investors to potentially benefit from the dynamic price movements of Lemonade, a company recognized for its disruptive approach to insurance with its tech-driven platform. LMNX offers a compelling option for those seeking to leverage their investments in a specific, high-growth segment of the financial sector, aligning with broader market trends and technological advancements in insurance.
Defiance Daily Target 2x Long LMND ETF (LMNX) Fund Flow Chart
Defiance Daily Target 2x Long LMND ETF (LMNX) 1 year Net Flows: 1M