v3.25.1
Investment Objectives and Goals
May 13, 2025
Defiance Daily Target 2X Short CVNA ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT CVNA ETF - FUND SUMMARY        
Objective [Heading] Investment Objective
Objective, Primary [Text Block]

The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Carvana Co. (NYSE: CVNA). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

 

Defiance Daily Target 2X Short IONQ ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT IONQ ETF - FUND SUMMARY          
Objective [Heading] Investment Objective
Objective, Primary [Text Block]

The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of IonQ Inc. (NYSE: IONQ) The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

 

Defiance Daily Target 2X Short PLTR ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT PLTR ETF - FUND SUMMARY          
Objective [Heading] Investment Objective
Objective, Primary [Text Block]

The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Palantir Technologies Inc. (NASDAQ: PLTR). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

 

Defiance Daily Target 2X Short RKLB ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT RKLB ETF - FUND SUMMARY          
Objective [Heading] Investment Objective
Objective, Primary [Text Block]

The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Rocket Lab USA Inc. (Nasdaq: RKLB). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.