Defiance Daily Target 2X Long ANET ETF (ANEL)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
29.00 USD
-1.67
(-5.446%) ⇩
(Oct. 12, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:08 a.m. EDT
This instrument is a leveraged daily ETF designed to mimic twice the daily performance of Arista Networks, making it a pure momentum vehicle rather than a traditional equity investment. The recent price action shows strong relative strength, trading significantly above both its 50-day and 200-day moving averages, which supports a high-conviction short-term bullish stance for capturing continued upside in the underlying tech sector. However, the long-term rating remains neutral because the security is newly listed with zero historical price data, preventing any assessment of multi-year business quality or trajectory. Furthermore, there is no dividend history or payout mechanism, rendering it unsuitable for income strategies. Investors should view this strictly as a tactical trade for trending markets, avoiding it for long-term holding purposes due to the inherent risks of leverage and compounding decay. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.148328 |
| AutoETS | 0.148329 |
| AutoTheta | 0.148404 |
| MSTL | 0.150432 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 1.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 1.66 |
| Attribute | Value |
|---|---|
| All Time High | 31.74 |
| All Time Low | 11.376 |
| Ask | 35.73 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 34,480 |
| Average Daily Volume3 Month | 67,054 |
| Average Volume | 67,054 |
| Average Volume10Days | 34,480 |
| Beta3 Year | 0.0 |
| Bid | 22.84 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.33 |
| Day Low | 28.83 |
| Display Name | Daily Target 2X Long ANET ETF |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 26.6184 |
| Fifty Day Average Change | 2.3813 |
| Fifty Day Average Change Percent | 0.08946067 |
| Fifty Two Week Change Percent | 48.947098 |
| Fifty Two Week High | 31.74 |
| Fifty Two Week High Change | -2.7402992 |
| Fifty Two Week High Change Percent | -0.08633583 |
| Fifty Two Week Low | 11.376 |
| Fifty Two Week Low Change | 17.6237 |
| Fifty Two Week Low Change Percent | 1.5491999 |
| Fifty Two Week Range | 11.376 - 31.74 |
| First Trade Date Milliseconds | 1,756,992,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -1.0832005 |
| Fullday Change Percent | -3.5317914 |
| Fullday Price | 28.9997 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,756,857,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-09-04 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. It aims to achieve this daily percentage change for a single day, and not for any other period. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long ANET ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1935246618 |
| Nav Price | 30.7475 |
| Net Assets | 33,985,936.0 |
| Net Expense Ratio | 1.45 |
| Open | 30.1 |
| Previous Close | 30.67 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.6702995 |
| Regular Market Change Percent | -5.446037 |
| Regular Market Day High | 30.33 |
| Regular Market Day Low | 28.83 |
| Regular Market Day Range | 28.83 - 30.33 |
| Regular Market Open | 30.1 |
| Regular Market Previous Close | 30.67 |
| Regular Market Price | 28.9997 |
| Regular Market Time | 1,791,835,200 |
| Regular Market Volume | 21,463 |
| Short Name | Defiance Daily Target 2x Long A |
| Source Interval | 15 |
| Symbol | ANEL |
| Total Assets | 33,985,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 28.36389 |
| Trailing Three Month Returns | 28.36389 |
| Triggerable | 1 |
| Two Hundred Day Average | 20.422464 |
| Two Hundred Day Average Change | 8.577236 |
| Two Hundred Day Average Change Percent | 0.41999027 |
| Type Disp | ETF |
| Volume | 21,463 |
| Yield | 0.0 |
| Ytd Return | 69.29387 |