- What are the top holdings of MPL?
- Defiance Daily Target 2X Long MP ETF holds 9 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MPL have?
- MPL holds 9 positions as reported by the fund's most recent disclosure.
- What sectors does MPL invest in?
- Defiance Daily Target 2X Long MP ETF (MPL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MPL most exposed to?
- MPL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MPL a US-only fund?
- The country allocation card on this page shows MPL'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 MPL invest in?
- MPL uses swap agreements and short-dated listed call options to make bullish bets on the share price of MP Materials Corp. (NYSE: MP). MP Materials Corp. produces and processes rare earth materials, primarily used in magnets and other advanced technologies. The company operates the Mountain Pass mine in California, one of the only integrated rare earth facilities in the Western Hemisphere. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in MPs price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility, compounding, or rebalancing effects. MPL may also hold US government securities, money market funds, short-term bond ETFs, and investment-grade corporate debt as collateral for its derivatives positions.
