Defiance Daily Target 2X Long NOK ETF (LNOK) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LNOK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LNOK
LNOK charges 1.31% annually. There are 373 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.76M | Mar 2026 | LNOK vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.51M | Sep 2021 | LNOK vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 256.80M | May 2014 | LNOK vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 30.95M | Jan 2025 | LNOK vs TSMG | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | 67.58M | Mar 2025 | LNOK vs HOOG |
Best Risk-Adjusted Alternatives to LNOK
Among 274 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 4.43B | Oct 2024 | LNOK vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 613.73M | Nov 2024 | LNOK vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.71M | Apr 2021 | LNOK vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.25M | Apr 2021 | LNOK vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 325.47M | Feb 2025 | LNOK vs INTW |
Top Performing LNOK Alternatives (YTD)
Among 390 ETFs in the Leveraged Equities category with YTD return data, the top-performing alternatives shown here go as high as 762.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 762.38% | 113.28M | Feb 2025 | LNOK vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 628.43% | 4.43B | Oct 2024 | LNOK vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 609.39% | 613.73M | Nov 2024 | LNOK vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 357.20% | 325.47M | Feb 2025 | LNOK vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 353.88% | 68.29M | Nov 2025 | LNOK vs LINT |
Lowest Volatility Alternatives to LNOK
LNOK has 135.30% 1-year volatility. There are 315 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.84% | 22.71M | Apr 2021 | LNOK vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.35% | 20.25M | Apr 2021 | LNOK vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.54% | 13.29M | Jul 2021 | LNOK vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.68% | 66.47M | Apr 2021 | LNOK vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.96% | 20.22M | Jul 2021 | LNOK vs QTJL |
Lowest Drawdown Alternatives to LNOK
Among 279 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.71M | Apr 2021 | LNOK vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.25M | Apr 2021 | LNOK vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.29M | Jul 2021 | LNOK vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.22M | Jul 2021 | LNOK vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 66.47M | Apr 2021 | LNOK vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 11 categories. AUM among these funds goes as high as $5B.
Often Compared With LNOK
Investors most often compare LNOK with LACG, SPOG, VALG. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LNOK with Any Fund or Stock
Compare LNOK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LNOK with funds that move differently
Defiance Daily Target 2X Long NOK ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LNOK.
Explore LNOK Diversifiers