PLU – Defiance Daily Target 2X Long PL ETF – ETF Investment Strategy

Strategy

The investment seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Planet Labs PBC (NYSE: PL). The fund aims to achieve this daily percentage change for a single day, and not for any other period. A “single day” means the period “from the close of regular trading on one trading day to the close on the next trading day.” It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PLU	Defiance Daily Target 2X Long PL ETF	ETF	Open	—	—	Jan 6, 2026	$8.41M	1.420%	—	—	—

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Defiance Daily Target 2X Long PL ETF PLU Strategy

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