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Defiance Daily Target 2X Long RIOT ETF (RIOX)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
22.18 USD -5.08 (-18.635%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 22.10 -0.08 (-0.080%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:⯪☆☆☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 5:29 a.m. EDT

This instrument is a high-risk leveraged bet on Bitcoin that is currently in a state of violent correction. The price has collapsed nearly 80% from its yearly highs, trading well below its moving averages, which confirms a severe short-term downtrend. However, the recent 47% dividend yield is an anomaly of leverage decay and compounding losses rather than actual income distribution; it reflects the fund's performance drag, not a sustainable payout. While the underlying asset (Bitcoin) remains volatile, the ETF structure amplifies this risk daily. The options market is screaming for a reversal, with traders buying deep calls hoping for a sudden bounce, while sellers are hedging against a further plunge. Given the leveraged nature of the vehicle and the lack of a multi-year price history to confirm a structural recovery, the short-term outlook remains bearish due to the immediate pressure of decay and the gap between current prices and the recent high. Long-term, the security is too new to assess based on historical trajectory, but the extreme leverage makes it unsuitable for a standard buy-and-hold strategy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.676547
AutoETS0.682814
AutoARIMA0.682816
MSTL0.709466

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 22%
H-stat 2.34
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.50

As of Aug. 22, 2026, 5:29 a.m. EDT: Speculators are positioning aggressively for a massive upside move, evidenced by significant new volume flow into deep out-of-the-money calls (strikes 95 and 100) for the November expiration, suggesting a belief in a sharp rally. Conversely, put writers are establishing a heavy wall of protection at lower strikes (16 and 17), indicating a fear of a crash or a desire to collect premium if volatility spikes. The implied volatility skew shows elevated premiums for both extremes, reflecting a binary outlook where the market expects either a severe drop or a parabolic rise, rather than a steady trend.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 12.852 59.832404
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 47.47

Info Dump

Attribute Value
All Time High 153.75
All Time Low 12.96
Ask 22.2
Ask Size 200
Average Daily Volume10 Day 360,990
Average Daily Volume3 Month 215,311
Average Volume 215,311
Average Volume10Days 360,990
Beta3 Year 0.0
Bid 22.02
Bid Size 5,900
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 26.29
Day Low 21.695
Dividend Yield 47.47
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.1363
Fifty Day Average Change -12.956299
Fifty Day Average Change Percent -0.368744
Fifty Two Week Change Percent -62.697613
Fifty Two Week High 153.75
Fifty Two Week High Change -131.57
Fifty Two Week High Change Percent -0.8557399
Fifty Two Week Low 12.96
Fifty Two Week Low Change 9.22
Fifty Two Week Low Change Percent 0.71141976
Fifty Two Week Range 12.96 - 153.75
First Trade Date Milliseconds 1,735,914,600,000
Full Exchange Name NYSEArca
Fullday Change -5.08
Fullday Change Percent -18.6354
Fullday Price 22.1
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 CLOSED
Max Age 86,400
Message Board Id finmb_1914752426
Nav Price 27.258
Net Assets 15,114,644.0
Net Expense Ratio 0.95
Open 26.5
Post Market Change -0.07999992
Post Market Change Percent -0.36068496
Post Market Price 22.1
Post Market Time 1,787,961,585
Previous Close 27.26
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -5.08
Regular Market Change Percent -18.6354
Regular Market Day High 26.29
Regular Market Day Low 21.695
Regular Market Day Range 21.695 - 26.29
Regular Market Open 26.5
Regular Market Previous Close 27.26
Regular Market Price 22.18
Regular Market Time 1,787,947,200
Regular Market Volume 426,416
Short Name Defiance Daily Target 2X Long R
Source Interval 15
Symbol RIOX
Total Assets 15,114,644
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.72965
Trailing Three Month Returns 0.72965
Triggerable 1
Two Hundred Day Average 36.532276
Two Hundred Day Average Change -14.352276
Two Hundred Day Average Change Percent -0.39286563
Type Disp ETF
Volume 426,416
Yield 0.4747
Ytd Return 27.84901