- What are the top holdings of LNOK?
- Daily Target 2X Long NOK ETF holds 10 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does LNOK have?
- LNOK holds 10 positions as reported by the fund's most recent disclosure.
- What sectors does LNOK invest in?
- Daily Target 2X Long NOK ETF (LNOK) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is LNOK most exposed to?
- LNOK's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is LNOK a US-only fund?
- The country allocation card on this page shows LNOK's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does LNOK invest in?
- The LNOK exchange-traded fund is structured to provide leveraged exposure, aiming to deliver daily returns equivalent to 200% of the daily percentage change in Nokia Corporation - ADR (NYSE: NOK) stock price. It achieves this objective by utilizing financial instruments like swap agreements and short-term, listed call options, which are designed to capitalize on anticipated upward movements in Nokia's share value. Nokia Corporation, the underlying company, operates energy-efficient data centers that offer essential computing infrastructure for demanding applications such as Bitcoin mining and AI workloads, with a key focus on scalable and sustainable power usage for high-performance data processing. LNOK maintains its targeted 2x daily leverage through a strategy of continuous daily rebalancing. However, investors holding the fund for periods longer than a single trading day should be aware that actual returns may diverge significantly from the intended double-leveraged performance. This deviation can be influenced by various factors, including market volatility, the compounding of daily returns, and the impact of the fund's rebalancing activities. Additionally, to serve as collateral for its derivatives positions, LNOK may hold a variety of assets such as U.S. government securities, money market funds, short-duration bond exchange-traded funds, and investment-grade corporate debt.
