Defiance Launches LLYZ: A New 2X Short ETF for Eli Lilly Investors

Defiance ETFs has launched the Defiance Daily Target 2X Short LLY ETF (LLYZ), a fund that provides amplified 2X inverse daily exposure to Eli Lilly and Company (LLY). LLYZ seeks to deliver daily results of -200% of LLY's performance, utilizing derivatives to achieve its leveraged objectives. The fund is designed for knowledgeable investors who understand the risks associated with leverage and are willing to actively monitor their portfolios.

Defiance ETFs has introduced the Defiance Daily Target 2X Short LLY ETF (LLYZ), a fund designed to provide amplified 2X inverse daily exposure to Eli Lilly and Company (LLY). The ETF seeks to deliver daily results of -200% of LLY's performance, utilizing derivatives to achieve its leveraged objectives [2].

The launch of LLYZ follows a trend of increasing interest in inverse and leveraged ETFs, which allow investors to gain exposure to the inverse performance of an underlying asset. These funds are particularly appealing to traders who aim to capitalize on short-term price movements or hedge their portfolios against market downturns.

ProShares, a leading provider of leveraged and inverse ETFs, has expanded its lineup with similar products. For instance, ProShares launched the Ultra S&P 500 Equal Weight (URSP) ETF, which targets 2x the daily returns of the S&P 500 Equal Weight Index [3]. This ETF aims to provide magnified exposure to the S&P 500 companies, reducing concentration in mega-cap companies and tilting exposure toward smaller companies.

The Defiance Daily Target 2X Short LLY ETF (LLYZ) is designed for knowledgeable investors who understand the risks associated with leverage. Leveraged ETFs can be highly volatile and may not perform as expected over longer periods. Investors should carefully consider the investment objectives, risks, charges, and expenses of LLYZ before investing. This and other information can be found in the fund's summary and full prospectuses.

References:
[1] https://www.fxstreet.com/cryptocurrencies/news/sei-price-forecast-sei-eyes-recovery-amid-etf-filing-robust-network-activity-202509021116
[2] https://finance.yahoo.com/quote/LLYZ/
[3] https://www.morningstar.com/news/business-wire/20250827277904/proshares-launches-only-etf-to-target-2x-daily-returns-of-the-sp-500-equal-weight-index