Defiance Daily Target 2X Long OSS ETF (OSSL) Price & Chart

Defiance Daily Target 2X Long OSS ETF

Defiance Daily Target 2X Long OSS ETF (OSSL) is a single-stock, leveraged exchange-traded fund that seeks to deliver twice (2x) the daily performance of One Stop Systems, Inc. (Nasdaq: OSS), before fees and expenses. Classified in the Information Technology sector, OSSL is concentrated in the Technology Hardware — Storage & Peripheral niche, offering traders amplified exposure to a company operating within storage, hardware and peripheral solutions. To achieve its objective, the fund uses derivatives such as swap agreements and options to target a daily return equal to two times OSS’s percentage move. Because OSSL resets its leverage daily, its performance is designed for short-term tactical use—such as intraday trading, short-term directional bets or hedges—rather than buy-and-hold investing. Over periods longer than one trading day, the fund’s returns can deviate materially from two times the cumulative return of OSS due to daily compounding, volatility drag, and path dependence. Investors should be aware that OSSL magnifies both gains and losses and carries the additional risks typical of derivatives-based, leveraged products, including counterparty and financing considerations, higher volatility, and the impact of fees and expenses on returns. Given its single-company focus, liquidity and share-price swings in OSS can produce large intraday moves in OSSL. The ETF is most appropriate for experienced, active traders who understand the mechanics and risks of daily-resetting leveraged instruments.