{
 "ticker": "WYFL",
 "name": "Defiance Daily Target 2X Long WYFI ETF",
 "issuer": "Defiance",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/wyfl",
 "html": "https://etfiq.com/funds/wyfl",
 "markdown": "https://etfiq.com/funds/wyfl.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: WYFL returned \u221280.5% where its own daily promise gave \u221278.0%, 2.6 points short.",
 "key_facts": [
  {
   "key": "what_wyfi_did",
   "label": "What WYFI did",
   "value": "\u221243.0%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "WYFL, what WYFI did: \u221243.0%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "\u221278.0%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "WYFL, what 2 times a day gives: \u221278.0%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221280.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "WYFL, what the fund returned: \u221280.5%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.6 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "WYFL, the fund itself cost: \u22122.6 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "WYFL, net assets: $2m (the issuer\u2019s own daily fund list, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.31%",
   "source": "485BPOS XBRL, Apr 24, 2026",
   "as_of": "2026-10-02",
   "sentence": "WYFL, expense ratio: 1.31% (485BPOS XBRL, Apr 24, 2026)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of WYFI, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.87 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "WYFI",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "the issuer\u2019s own daily fund list, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.31%",
   "source": "485BPOS XBRL, Apr 24, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jun 4, 2026",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "121% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u22121.3%",
   "WYFI": "+3.6%",
   "+2x the move": "+7.2%",
   "Difference": "\u22128.5 pts",
   "WYFI moved about": "75%"
  },
  {
   "window": "3 months",
   "Fund": "\u221280.5%",
   "WYFI": "\u221243.0%",
   "+2x the move": "\u221285.9%",
   "Difference": "+5.4 pts",
   "WYFI moved about": "121%"
  },
  {
   "window": "Since launch",
   "Fund": "\u221280.2%",
   "WYFI": "\u221234.7%",
   "+2x the move": "\u221269.4%",
   "Difference": "\u221210.8 pts",
   "WYFI moved about": "134%"
  }
 ],
 "questions": [
  {
   "q": "Did WYFL return +2 times WYFI?",
   "a": "Over the window to Oct 2, 2026, WYFI moved \u221243.0% and WYFL returned \u221280.5%. 2 times that move is \u221285.9%, so the fund came out 5.4 points ahead of it."
  },
  {
   "q": "Why does WYFL not return +2 times over a year?",
   "a": "Because it resets daily. WYFL 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."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}