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Five days after filing for a TSMC short ETF, Defiance ETFs has launched a long ETF for the semiconductor foundry industry.
On August 26, Defiance ETFs filed for a 2x short ETF targeting TSMC. Just five days later, on September 1, the firm launched the Defiance Global Foundries ETF (Nasdaq: AIFR), which aims to long the entire semiconductor foundry industry with an annual expense ratio of 0.71%.
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