Defiance Daily Target 2X Long RIOT ETF (RIOX)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
31.80 USD
+1.23
(4.024%)
⇧
(July 14, 2026, 9:47 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 7:01 a.m. EDT
The most critical signal here is the instrument's nature as a leveraged daily product with a catastrophic structural flaw: compounding decay. The price history shows the fund starting near $53 in July 2025 and trading around $33-34 recently, representing a massive loss of capital despite the underlying asset (Riot Platforms) likely being flat or up. This confirms the 'daily reset' mechanism is eroding value rapidly. The 21.74% dividend yield is an illusion; it is the return of principal via reverse splits and liquidation, not income. With the fund losing nearly half its value in less than a year due to leverage drag, the short-term outlook is bearish as the decay accelerates. The long-term rating is neutral because the vehicle itself is mathematically broken for holding periods beyond a day, regardless of the underlying miner's performance. Investors should avoid this structure entirely. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.679450 |
| AutoETS | 0.710966 |
| AutoTheta | 0.721601 |
| AutoARIMA | 0.724543 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 21% |
| H-stat | 2.17 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.47 |
As of July 11, 2026, 7:01 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. In the near term (July 2026), there is heavy out-of-the-money call interest at strikes significantly above current prices, suggesting a bet on a massive gap-up event, while put volume is concentrated deep in-the-money, indicating a hedge against a crash to near-zero levels. This 'long gamma' setup implies the market expects a binary outcome where the price either doubles or halves, rather than a steady trend.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 12.852 | 59.832404 |
| Attribute | Value |
|---|---|
| All Time High | 153.75 |
| All Time Low | 12.96 |
| Ask | 31.53 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 132,030 |
| Average Daily Volume3 Month | 233,216 |
| Average Volume | 233,216 |
| Average Volume10Days | 132,030 |
| Beta3 Year | 0.0 |
| Bid | 31.34 |
| Bid Size | 100 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.82 |
| Day Low | 31.17 |
| Dividend Yield | 21.74 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 51.2081 |
| Fifty Day Average Change | -19.4081 |
| Fifty Day Average Change Percent | -0.3790045 |
| Fifty Two Week Change Percent | -38.982033 |
| Fifty Two Week High | 153.75 |
| Fifty Two Week High Change | -121.95 |
| Fifty Two Week High Change Percent | -0.7931707 |
| Fifty Two Week Low | 12.96 |
| Fifty Two Week Low Change | 18.84 |
| Fifty Two Week Low Change Percent | 1.4537038 |
| Fifty Two Week Range | 12.96 - 153.75 |
| First Trade Date Milliseconds | 1,735,914,600,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,735,776,000 |
| 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. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long RIOT ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1914752426 |
| Nav Price | 32.9899 |
| Net Assets | 30,637,620.0 |
| Net Expense Ratio | 0.95 |
| Open | 32.83 |
| Previous Close | 30.57 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 1.2299995 |
| Regular Market Change Percent | 4.023551 |
| Regular Market Day High | 33.82 |
| Regular Market Day Low | 31.17 |
| Regular Market Day Range | 31.17 - 33.82 |
| Regular Market Open | 32.83 |
| Regular Market Previous Close | 30.57 |
| Regular Market Price | 31.8 |
| Regular Market Time | 1,784,036,825 |
| Regular Market Volume | 20,037 |
| Short Name | Defiance Daily Target 2X Long R |
| Source Interval | 15 |
| Symbol | RIOX |
| Total Assets | 30,637,620 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 294.78387 |
| Trailing Three Month Returns | 294.78387 |
| Triggerable | 1 |
| Two Hundred Day Average | 49.88725 |
| Two Hundred Day Average Change | -18.08725 |
| Two Hundred Day Average Change Percent | -0.36256257 |
| Type Disp | ETF |
| Volume | 20,037 |
| Yield | 0.2174 |
| Ytd Return | 179.1522 |