See what your fund actually adds
Defiance Daily Target 2X Long NOK ETF LNOK
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | LNOK | Replication |
|---|---|---|
| Annualized growth | 361.4% | -11.4% |
| Annualized volatility | 151.6% | 47.8% |
| Sharpe ratio | 1.65 | -0.02 |
| Maximum drawdown | 70.5% | 28.8% |
| Replication fit (R²) | 0.13 · Tracking error 141.4% | |
Replication portfolio
The published portfolio below is the investable basket used to model LNOK’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| IBIT | Alternatives · Bitcoin | 100.0% |