ANEL

Defiance Daily Target 2x Long ANET ETF

$16.84

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Defiance Daily Target 2x Long ANET ETF (ANEL) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Arista Networks, Inc. (ANET).

Overview

ETF tracking Defiance Daily Target 2x Long ANET ETF

Category Leveraged

Issuer Other

Inception Date 2025-09-04

Market Cap $4.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $16.56 - $26.19

VWAP $16.85

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as swap agreements and futures contracts, to gain leveraged exposure to the performance of ANET. It does not invest directly in the underlying stock.

✨ Key Features

Provides 2x the daily performance of Arista Networks, Inc. stock
Utilizes derivatives to achieve leveraged exposure
Resets daily, so longer-term returns may differ from 2x the underlying
Very small asset base, potentially low liquidity

⚠️ Primary Risks

Leveraged funds can experience significant losses in a short period of time
Derivative instruments used to achieve leverage introduce additional risks
Potential for divergence between the fund's performance and 2x the daily return of ANET
Low trading volume and asset base may impact liquidity and pricing

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged funds and are seeking short-term, speculative exposure to the performance of Arista Networks, Inc. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.