Defiance Daily Target 2X Long SOUN ETF (SOUX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
11.39 USD
-0.08
(-0.719%) ⇩
(July 14, 2026, 9:46 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:12 a.m. EDT
This instrument is a leveraged daily ETF that has suffered catastrophic structural failure, rendering it unsuitable for any investment horizon. The price history reveals a precipitous collapse from a peak of $312.38 to the current range of roughly $11-$13, representing a loss of over 96% of its value. This is not a standard drawdown; it indicates the fund has likely failed to maintain its daily compounding mandate, resulting in permanent capital destruction rather than temporary volatility. The recent price action shows a flat, depressed trading pattern near the lows, offering no momentum-based recovery signal. While the dividend yield appears astronomically high at 76%, this is an artifact of the share price collapse relative to a fixed or lagging distribution, not a sustainable income stream. Furthermore, the upcoming 1-for-4 reverse stock split is a mechanical adjustment that does not restore the lost principal or fix the underlying tracking error. For a short-term trader, the lack of volatility and the proximity to zero make it a poor vehicle for leverage. For a long-term holder, the asset has effectively ceased to function as intended, and the multi-year trajectory is one of total erasure. The statistical forecast models correctly identify a weak negative lean, confirming that there is no mathematical edge to enter here. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.272924 |
| AutoETS | 0.273669 |
| MSTL | 0.274213 |
| MSTL_44 | 0.285496 |
| AutoTheta | 0.290547 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 0.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.106 |
| Excess Kurtosis | -1.23 |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 8.836 | 19.987333 |
| Attribute | Value |
|---|---|
| All Time High | 312.38 |
| All Time Low | 10.2 |
| Ask | 11.56 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 73,230 |
| Average Daily Volume3 Month | 176,637 |
| Average Volume | 176,637 |
| Average Volume10Days | 73,230 |
| Beta3 Year | 0.0 |
| Bid | 11.44 |
| Bid Size | 1 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 11.41 |
| Day Low | 11.0394 |
| Dividend Yield | 76.02 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.90744 |
| Fifty Day Average Change | -6.5199404 |
| Fifty Day Average Change Percent | -0.36409116 |
| Fifty Two Week Change Percent | -89.49447 |
| Fifty Two Week High | 312.38 |
| Fifty Two Week High Change | -300.9925 |
| Fifty Two Week High Change Percent | -0.963546 |
| Fifty Two Week Low | 10.2 |
| Fifty Two Week Low Change | 1.1875 |
| Fifty Two Week Low Change Percent | 0.11642157 |
| Fifty Two Week Range | 10.2 - 312.38 |
| First Trade Date Milliseconds | 1,750,771,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,750,636,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-06-24 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed 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 aims to achieve this daily percentage change for a single day, and not for any other period. A “single day” means the period “from the close of regular trading on one trading day to the close on the next trading day.” The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long SOUN ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1916074755 |
| Nav Price | 11.9798 |
| Net Assets | 12,029,058.0 |
| Net Expense Ratio | 1.29 |
| Open | 11.0394 |
| Previous Close | 11.47 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.08250046 |
| Regular Market Change Percent | -0.7192716 |
| Regular Market Day High | 11.41 |
| Regular Market Day Low | 11.0394 |
| Regular Market Day Range | 11.0394 - 11.41 |
| Regular Market Open | 11.0394 |
| Regular Market Previous Close | 11.47 |
| Regular Market Price | 11.3875 |
| Regular Market Time | 1,784,036,797 |
| Regular Market Volume | 16,525 |
| Short Name | Defiance Daily Target 2X Long S |
| Source Interval | 15 |
| Symbol | SOUX |
| Total Assets | 12,029,058 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -29.01466 |
| Trailing Three Month Returns | -29.01466 |
| Triggerable | 1 |
| Two Hundred Day Average | 62.657146 |
| Two Hundred Day Average Change | -51.269646 |
| Two Hundred Day Average Change Percent | -0.818257 |
| Type Disp | ETF |
| Volume | 16,525 |
| Yield | 0.76019996 |
| Ytd Return | -73.33775 |