What this ETF is trying to do

The Defiance Daily Target 2X Long PURR ETF (ticker: PUR) is an exchange-traded fund traded on the NASDAQ. This is a leveraged ETF, which means it is designed to aim for a specific target with more intensity than a standard fund.

What the numbers show

As of September 25, 2026, the current price of one share is $36.13.

At this time, there is no data available for the year-to-date (YTD) price return, the one-year price return, or the three-year price return. Additionally, total-return data was not supplied. Because these numbers are missing, we cannot see how the share price has changed over these periods.

Income and distribution explanation

Some investors look for ETFs that pay out cash, which are called distributions. For this ETF, no distributions have been detected. The distribution yield is 0%.

NAV erosion explanation

"NAV" stands for Net Asset Value, which is the value of the assets held by the fund. "NAV erosion" is a term used when the value of those underlying assets declines.

For this ETF, an erosion-risk score was not provided because there is not enough verified price history available. There is currently no severe erosion-risk flag for this fund.

Pros

The ETF has a Top Holding called FIRST AMERICAN GOVERNMENT OBLIGS X, which makes up 9.65% of the portfolio.

Cons

It is difficult to judge the performance of this ETF because the supplied data does not include price returns or total returns for the past year or three years. There is also no erosion-risk score available due to the lack of history.

Beginner takeaway

The Defiance Daily Target 2X Long PURR ETF is a leveraged ETF with a current price of $36.13. It does not currently pay any distributions, and there is not enough historical data provided to show how its price has moved in the past.