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Defiance Daily Target 2X Long HIMS ETF (HIMZ)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
41.81 USD +4.88 (13.214%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 41.06 -0.75 (-0.750%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:04 a.m. EDT

HIMZ is a dangerous trading vehicle currently trapped in a 'death spiral' characteristic of a 2x leveraged ETF. Following a massive 14-day rally from ~$7.40 (implied by recent history) to ~$40, the stock has fundamentally broken down. The short-term rating is low because the forecasting model explicitly predicts a -9.3% move over the next 45 days, a signal incompatible with buying. The long-term rating is 1/5 because the product is an 'eroded asset'—a 2x long fund with a massive discount to NAV (~60% as price is ~$37 vs ~$70 NAV) that will never fully recover without a multi-year bull market in its heavy-weight holdings. Unless the valuation gap closes first, this is a low-to-no yield income trap (8.6% dividend is likely distribution of capital) that will lose compounding principal daily, rendering it unsuitable for even speculative long-term holds.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.497510
AutoARIMA0.531257
AutoTheta0.787771
AutoETS0.969675

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.15
Ljung-Box p 0.000
Jarque-Bera p 0.189
Excess Kurtosis -1.16
Attribute Value
Trailing P/E 61.93

As of April 19, 2026, 12:04 a.m. EDT: Options structure reveals a distinct 'long-call, long-put' straddle bias with heavy out-of-the-money (OTM) open interest in both directions over 6-24 months, suggesting speculators are positioning for a volatile move rather than a specific direction. The 2027/2028 DTE calls show unexpectedly high volume at strikes above current price (40-45), while puts similarly show volume at 20-30 strikes. However, the immediate (less than 2 weeks) options market is nearly dead with minimal flow, and the Adjusted Predicted Direction is heavily negative (-9.3%), indicating the models favor a sharp correction. The IV spread suggests uncertainty will be priced in significantly once a directional move takes place.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 1.974 2.342193
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 8.6

Info Dump

Attribute Value
All Time High 798.0
All Time Low 12.376
Ask 48.98
Ask Size 2
Average Daily Volume10 Day 1,506,120
Average Daily Volume3 Month 2,316,717
Average Volume 2,316,717
Average Volume10Days 1,506,120
Beta3 Year 0.0
Bid 31.43
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 44.3
Day Low 38.22
Dividend Yield 8.6
Eps Trailing Twelve Months 0.675135
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.70156
Fifty Day Average Change 18.108442
Fifty Day Average Change Percent 0.764019
Fifty Two Week Change Percent -70.89251
Fifty Two Week High 798.0
Fifty Two Week High Change -756.19
Fifty Two Week High Change Percent -0.9476065
Fifty Two Week Low 12.376
Fifty Two Week Low Change 29.434002
Fifty Two Week Low Change Percent 2.3783128
Fifty Two Week Range 12.376 - 798.0
First Trade Date Milliseconds 1,741,872,600,000
Full Exchange Name NasdaqGM
Fund Family Defiance ETFs LLC
Fund Inception Date 1,741,737,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-13
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 HIMS ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1916075038
Nav Price 41.7705
Net Assets 81,234,992.0
Net Expense Ratio 1.29
Open 38.7396
Post Market Change -0.75
Post Market Change Percent -1.7938292
Post Market Price 41.06
Post Market Time 1,776,470,370
Previous Close 36.93
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 4.88
Regular Market Change Percent 13.2142
Regular Market Day High 44.3
Regular Market Day Low 38.22
Regular Market Day Range 38.22 - 44.3
Regular Market Open 38.7396
Regular Market Previous Close 36.93
Regular Market Price 41.81
Regular Market Time 1,776,456,001
Regular Market Volume 2,323,894
Short Name Defiance Daily Target 2X Long H
Source Interval 15
Symbol HIMZ
Total Assets 81,234,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 61.928356
Trailing Peg Ratio None
Trailing Three Month Nav Returns -71.6531
Trailing Three Month Returns -71.6531
Triggerable 1
Two Hundred Day Average 158.8698
Two Hundred Day Average Change -117.0598
Two Hundred Day Average Change Percent -0.7368285
Type Disp ETF
Volume 2,323,894
Yield 0.086
Ytd Return -71.6531