Defiance Leveraged Long + Income HIMS ETF

Defiance Leveraged Long + Income HIMS ETF is an actively managed exchange-traded fund designed to provide enhanced, daily leveraged exposure to Hims & Hers Health Inc., a company operating within the U.S. health care sector. The fund strategically seeks to deliver approximately 150% to 200% of the daily price performance of Hims & Hers Health’s stock, making use of financial derivatives such as swaps and options to achieve its leverage objectives. Structured as an open-ended fund with synthetic replication, this ETF offers exposure to the performance of a single underlying equity, rather than tracking a traditional index, and regularly distributes income classified as ordinary for tax purposes. With its highly specialized focus, the fund serves sophisticated market participants seeking precise, short-term, amplified returns tied exclusively to movements in Hims & Hers Health’s share price. Due to its leveraged nature and daily reset mechanism, the ETF is intended for active investors who monitor their positions closely, as compounding effects and volatility can lead to significant return deviations over multiple days. This product exemplifies innovative, thematic approaches within the leveraged ETF landscape, tailored for traders positioned on healthcare sector trends and single-stock volatility.