# Defiance Daily Target 2X Long DRAM ETF (DRAL) — Overview

DRAL · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/dral

## Price

Last close $7.53 on Oct 15, 2026. 52-week range $7.17 – $24.17.

## Fund profile

DRAL offers 2X (200%) daily exposure to the DRAM ETF, an actively managed exchange-traded fund that seeks capital appreciation by investing in semiconductor memory companies.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Jun 24, 2026 |
| Assets under management | $11.5M |
| Expense ratio | 0.71% |
| Net asset value | $7.79 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Defiance Daily Target 2X Long DRAM ETF (DRAL)?

DRAL offers 2X (200%) daily exposure to the DRAM ETF, an actively managed exchange-traded fund that seeks capital appreciation by investing in semiconductor memory companies.

### What is DRAL's expense ratio?

Defiance Daily Target 2X Long DRAM ETF charges an annual expense ratio of 0.71%. The fund is issued by Tidal Investments LLC.

### How large is DRAL?

Defiance Daily Target 2X Long DRAM ETF manages $11.5M in assets and has traded since Jun 24, 2026.

### How do I buy shares of Defiance Daily Target 2X Long DRAM ETF (DRAL)?

DRAL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
