v3.25.4
Investment Objectives and Goals
Jan. 09, 2026
Defiance Daily Target 2X Short APLD ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT APLD 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 Applied Digital Corporation (Nasdaq: APLD). 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 ARM ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT ARM 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 the ADR of Arm Holdings plc (Nasdaq: ARM). 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 BE ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT BE 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 Bloom Energy Corporation (NYSE: BE). 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 BITF ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT BITF 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 Bitfarms Ltd. (Nasdaq: BITF). 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 CLSK ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT CLSK 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 CleanSpark, Inc. (Nasdaq: CLSK). 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 CRWV ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT CRWV 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 the Class A common stock of CoreWeave, Inc. (Nasdaq: CRWV). 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 IREN ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT IREN 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 IREN (Nasdaq). 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 JOBY ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT JOBY 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 Joby Aviation, Inc. (NYSE: JOBY). 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 NBIS ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT NBIS 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 Nebius Group N.V. (Nasdaq: NBIS). 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 NVTS ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT NVTS 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 Navitas Semiconductor Corporation (Nasdaq: NVTS). 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 OPEN ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT OPEN 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 Opendoor Technologies Inc. (Nasdaq: OPEN). 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 ORCL ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT ORCL 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 Oracle Corporation (NYSE: ORCL). 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 SMR ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT SMR 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 NuScale Power Corporation (NYSE: SMR). 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 SNOW ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT SNOW 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 Snowflake Inc. (NYSE: SNOW). 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 UPST ETF  
Prospectus [Line Items]  
Risk/Return [Heading] DEFIANCE DAILY TARGET 2X SHORT UPST 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 Upstart Holdings, Inc. (Nasdaq: UPST). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.