Defiance Daily Target 2X Long NOK ETF

Cboe: LNOK

Listed January 21, 2026

Overview

The Defiance Daily Target 2X Long NOK ETF (LNOK) provides investors with amplified long exposure to Nokia Oyj (NYSE: NOK), a global technology company focused on telecommunications infrastructure, networking solutions, and advanced digital technologies. Nokia supports mobile operators, enterprises, and governments worldwide through its portfolio spanning mobile networks, network infrastructure, cloud and network services, and technology licensing.

LNOK seeks to deliver 200% of the daily performance of NOKs stock, offering active traders a tactical way to express short-term bullish views on global telecommunications investment, 5G and next-generation network deployment, enterprise networking demand, and digital infrastructure modernizationwithout the need for a margin account.

Investment Objective

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Nokia Corporation ADR (NYSE: NOK). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.