Defiance ETFs LLCLeveraged EquityMRNX · NYSE Arca

Defiance Daily Target 2X Long MRNA ETF (MRNX)

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Price: $163.59; —30 Oct 2026
Assets: $58.8M; Total net assets
Expense ratio: 1.34%; Category 0.00%
Yield: —; Trailing distributions

1Y return: —; Category -12.6%
3Y CAGR: —; Category 31.4%
5Y CAGR: —; Category 2.8%

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Defiance Daily Target 2X Long MRNA ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+16.0%	+574.0%	+708.7%	—	—	—	—	—	+702.7%
Leveraged Equity average	-23.8%	-14.7%	-17.9%	-7.1%	-12.6%	31.4%	2.8%	9.4%	-20.3%
Difference	+39.8%	+588.7%	+726.5%	—	—	—	—	—	+723.0%

Holdings

The 1 largest positions make up 9.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	9.60%

Credit quality

Share of the bonds by rating.

US government15.0%

Asset mix

Stocks212.1%

ETF details

Issuer: Defiance ETFs LLC
Category: Equity · Leveraged Equity
Ticker: MRNX
Exchange: NYSE Arca
Inception: 3 Feb 2026 (0.7 years)
Structure: Exchange Traded Fund
Expense ratio: 1.34% (category 0.00%)
Holdings turnover: 0%
Distribution yield: —
Beta, 3 years: 0.00
Total net assets: $58.8M

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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