# KEEX (Defiance Daily Target 2x Long KEEL ETF)

Defiance · Leveraged ETFs · data as of Sep 11, 2026

KEEX aims to return +2 times KEEL's move each day, then resets. Over one day it does that.

## Key facts

- KEEX, net assets: $2m (source, as filed for Apr 30, 2026).
- KEEX, expense ratio: 1.35% (485BPOS XBRL, Aug 25, 2026).
- KEEX, underlying: KEEL (no investable tracker), as of Sep 11, 2026.
- KEEX, sets out to return: +2 times the daily move of KEEL, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of KEEL, reset daily | ETFIQ |
| Underlying | KEEL (no investable tracker) | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.35% | 485BPOS XBRL, Aug 25, 2026 |
| Launched | Apr 27, 2026 | ETFIQ |

## Questions

### Why does KEEX not return +2 times over a year?

Because it resets daily. KEEX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, KEEX, data as of Sep 11, 2026. https://etfiq.com/funds/KEEX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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