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Defiance Daily Target 2X Long RIOT ETF (RIOX)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
28.20 USD -2.36 (-7.723%) ⇩ (April 21, 2026, 3:59 p.m. EDT)

Short-term:★★★☆☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | April 19, 2026, 1:11 a.m. EDT

A volatile, momentum-driven momentum play with no intrinsic value from dividends. The recent price action shows a massive surge (from ~13 to ~30), making it a high-risk technical trade rather than a value investment. The 85% 'dividend' yield is a trap; RIOX is a leveraged daily ETF attempting to capture 2x of a single stock's moves, not a dividend-paying asset. With the 200-day average far above current prices and a forecasting model showing near-neutral directional prediction (0.5%, indicating a very flat forecast window despite recent volatility), this is a speculative vehicle for traders, not buy-and-holders.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.512355
AutoETS0.513030
AutoARIMA0.520888
MSTL0.551080

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 53%
H-stat 3.07
Ljung-Box p 0.000
Jarque-Bera p 0.803
Excess Kurtosis -0.32

As of April 19, 2026, 1:11 a.m. EDT: The options market shows significant put buying protection at low strikes (5.0, 7.0, 9.0) and ITM puts (15.0, 20.0) with elevated IV (8.84% ATM), suggesting a floorside hedge against a decline. However, call options show surprisingly high IV at deep ITM strikes (5.0 strike call has 359% IV) and substantial Open Interest (OI) at the 50.0 strike (Major OI Wall), indicating a bullish sentiment or hedging strategy supported by those investors. The ratio of ATM call OI to put OI is skewed heavily toward calls, but the extreme skew in IV favors puts. The 15.0 strike shows high volume relative to OI in both calls and puts, indicating active speculation on both sides near the current price.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 12.852 59.832404
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 85.83

Info Dump

Attribute Value
All Time High 153.75
All Time Low 12.96
Ask 30.31
Ask Size 500
Average Daily Volume10 Day 233,660
Average Daily Volume3 Month 232,558
Average Volume 232,558
Average Volume10Days 233,660
Beta3 Year 0.0
Bid 30.34
Bid Size 1,000
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 31.0
Day Low 28.07
Dividend Yield 85.83
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.96164
Fifty Day Average Change 4.2383614
Fifty Day Average Change Percent 0.1768811
Fifty Two Week Change Percent 27.198923
Fifty Two Week High 153.75
Fifty Two Week High Change -125.55
Fifty Two Week High Change Percent -0.81658536
Fifty Two Week Low 12.96
Fifty Two Week Low Change 15.240001
Fifty Two Week Low Change Percent 1.175926
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 PRE
Max Age 86,400
Message Board Id finmb_1914752426
Nav Price 30.6211
Net Assets 15,546,420.0
Net Expense Ratio 0.95
Open 31.47
Pre Market Change 2.4301987
Pre Market Change Percent 8.642304
Pre Market Price 30.55
Pre Market Time 1,776,862,752
Previous Close 30.56
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -2.36
Regular Market Change Percent -7.72251
Regular Market Day High 31.0
Regular Market Day Low 28.07
Regular Market Day Range 28.07 - 31.0
Regular Market Open 31.47
Regular Market Previous Close 30.56
Regular Market Price 28.2
Regular Market Time 1,776,801,591
Regular Market Volume 96,027
Short Name Defiance Daily Target 2X Long R
Source Interval 15
Symbol RIOX
Total Assets 15,546,420
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -29.28987
Trailing Three Month Returns -29.28987
Triggerable 1
Two Hundred Day Average 52.541786
Two Hundred Day Average Change -24.341785
Two Hundred Day Average Change Percent -0.4632843
Type Disp ETF
Volume 96,027
Yield 0.85830003
Ytd Return -29.28987