Defiance Daily Target 2X Long AVGO ETF (AVGX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
32.60 USD
-3.20
(-8.939%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 32.86 +0.26 (0.798%) ⇧ (Oct. 16, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 5:46 a.m. EDT
This leveraged ETF is currently trapped in a brutal downtrend, having lost nearly 50% of its value since its October peak, despite the underlying semiconductor giant posting a massive 93% gain last year. The disconnect is stark: while the business is booming, the daily-compounding mechanics of this 2x product have eroded almost half the gains due to the relentless drag of volatility decay. The recent price action shows a fragile attempt to stabilize, but the technicals remain deeply bearish, sitting well below both the 50-day and 200-day moving averages. While the 2% dividend yield offers a small cushion, it is insufficient to offset the capital destruction occurring in the equity portion. The options market confirms this anxiety, with speculators betting on a catastrophic collapse or a violent rebound, neither of which favors holding a leveraged position in a sideways-to-down market. For a short-term trader, the risk-reward is skewed against the buyer; for a long-term holder, the compounding losses make this a dangerous vehicle compared to buying the underlying stock directly. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.317357 |
| AutoETS | 0.325989 |
| AutoARIMA | 0.325990 |
| AutoTheta | 0.353905 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 1.94 |
| Ljung-Box p | 0.001 |
| Jarque-Bera p | 0.391 |
| Excess Kurtosis | 0.83 |
As of Oct. 10, 2026, 5:46 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. Call writers are heavily concentrated at strikes significantly above the current price (60, 84, 86), creating a massive 'wall' of resistance that suggests a belief in a potential crash or deep correction. Conversely, put writers have established significant barriers at lower strikes (25, 30, 35), indicating a fear of a severe drop. The heavy volume in out-of-the-money calls combined with the defensive put writing suggests a 'long gamma' environment where traders expect a violent, wide-range swing rather than a steady trend.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.62% | 1.62% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.775 | 1.618292 |
| 2024-12-31 | 0.262 | 0.808143 |
| Attribute | Value |
|---|---|
| All Time High | 84.8 |
| All Time Low | 9.871 |
| Ask | 56.76 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 622,320 |
| Average Daily Volume3 Month | 684,426 |
| Average Volume | 684,426 |
| Average Volume10Days | 622,320 |
| Beta3 Year | 0.0 |
| Bid | 56.43 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 34.84 |
| Day Low | 32.54 |
| Display Name | Daily Target 2X Long AVGO ETF |
| Dividend Yield | 2.05 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 41.4963 |
| Fifty Day Average Change | -8.896301 |
| Fifty Day Average Change Percent | -0.21438782 |
| Fifty Two Week Change Percent | -37.703037 |
| Fifty Two Week High | 84.8 |
| Fifty Two Week High Change | -52.200005 |
| Fifty Two Week High Change Percent | -0.6155661 |
| Fifty Two Week Low | 30.84 |
| Fifty Two Week Low Change | 1.7599983 |
| Fifty Two Week Low Change Percent | 0.057068687 |
| Fifty Two Week Range | 30.84 - 84.8 |
| First Trade Date Milliseconds | 1,724,333,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -2.9399986 |
| Fullday Change Percent | -8.212287 |
| Fullday Price | 32.6 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,724,198,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-08-22 |
| 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. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long AVGO ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1878721784 |
| Nav Price | 35.8519 |
| Net Assets | 230,213,792.0 |
| Net Expense Ratio | 1.31 |
| Open | 34.8 |
| Post Market Change | 0.26000214 |
| Post Market Change Percent | 0.7975526 |
| Post Market Price | 32.86 |
| Post Market Time | 1,792,195,045 |
| Previous Close | 35.8 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -3.2 |
| Regular Market Change Percent | -8.93855 |
| Regular Market Day High | 34.84 |
| Regular Market Day Low | 32.54 |
| Regular Market Day Range | 32.54 - 34.84 |
| Regular Market Open | 34.8 |
| Regular Market Previous Close | 35.8 |
| Regular Market Price | 32.6 |
| Regular Market Time | 1,792,180,801 |
| Regular Market Volume | 384,120 |
| Short Name | Defiance Daily Target 2X Long A |
| Source Interval | 15 |
| Symbol | AVGX |
| Total Assets | 230,213,792 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -19.3176 |
| Trailing Three Month Returns | -19.3176 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.851864 |
| Two Hundred Day Average Change | -14.251865 |
| Two Hundred Day Average Change Percent | -0.30418992 |
| Type Disp | ETF |
| Volume | 384,120 |
| Yield | 0.020499999 |
| Ytd Return | -19.50139 |