| Indicators | Browse All

Defiance Daily Target 2X Long ONDS ETF (ONDL)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
6.00 USD -0.59 (-8.953%) ⇩ (July 13, 2026, 3:59 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:39 a.m. EDT

The immediate outlook is sharply negative due to the inherent mechanics of leveraged daily ETFs. The price action over the last two weeks shows a brutal decay, dropping from a high of 10.5 to a low of 6.59, reflecting the compounding drag that erodes capital in volatile markets. This is exacerbated by the massive gap between the current price of roughly 7 and the 52-week high of 59.29, indicating a catastrophic loss of value over the past year. While recent headlines mention a surge in the sector, the data confirms the asset is currently trading far below its historical highs, suggesting the momentum is broken and the structural decay of leverage is dominating any potential thematic gains. There is no dividend to provide a floor, and the statistical forecast models, though unreliable, align with the visible downtrend. For a long-term holder, the lack of multi-year price history combined with the severe recent drawdown makes the business case ambiguous, warranting a neutral stance rather than a buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.368963
AutoARIMA0.403023
AutoETS0.403683
MSTL0.416701

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 26%
H-stat 7.24
Ljung-Box p 0.000
Jarque-Bera p 0.863
Excess Kurtosis -0.07

Info Dump

Attribute Value
All Time High 59.289
All Time Low 6.47
Ask 0.0
Ask Size 300
Average Daily Volume10 Day 1,457,140
Average Daily Volume3 Month 1,657,616
Average Volume 1,657,616
Average Volume10Days 1,457,140
Beta3 Year 0.0
Bid 0.0
Bid Size 700
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 6.58
Day Low 5.87
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.6726
Fifty Day Average Change -7.6726
Fifty Day Average Change Percent -0.5611661
Fifty Two Week Change Percent -70.619705
Fifty Two Week High 59.289
Fifty Two Week High Change -53.289
Fifty Two Week High Change Percent -0.8988008
Fifty Two Week Low 5.87
Fifty Two Week Low Change 0.13000011
Fifty Two Week Low Change Percent 0.022146527
Fifty Two Week Range 5.87 - 59.289
First Trade Date Milliseconds 1,767,105,000,000
Full Exchange Name Cboe US
Fund Family Defiance ETFs LLC
Fund Inception Date 1,766,966,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
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 is non-diversified.
Long Name Defiance Daily Target 2X Long ONDS ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1973668808
Nav Price 6.5591
Net Assets 53,781,332.0
Net Expense Ratio 1.31
Open 6.3
Pre Market Change -0.01760006
Pre Market Change Percent -0.29296324
Pre Market Price 5.99
Pre Market Time 1,784,016,063
Previous Close 6.59
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.59
Regular Market Change Percent -8.95296
Regular Market Day High 6.58
Regular Market Day Low 5.87
Regular Market Day Range 5.87 - 6.58
Regular Market Open 6.3
Regular Market Previous Close 6.59
Regular Market Price 6.0
Regular Market Time 1,783,972,799
Regular Market Volume 1,224,809
Short Name Defiance Daily Target 2X Long O
Source Interval 15
Symbol ONDL
Total Assets 53,781,332
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -42.28246
Trailing Three Month Returns -42.28246
Triggerable 1
Two Hundred Day Average 20.836061
Two Hundred Day Average Change -14.8360615
Two Hundred Day Average Change Percent -0.7120377
Type Disp ETF
Volume 1,224,809
Ytd Return -66.77785