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ANELDefiance Daily Target 2X Long ANET ETF

Take a betNewRanked #470 of 775 in this goal

By Defiance ETFs LLC · Launched 2025

Annual Cost

1.31%

#5,345 of 5,562 · expensive

Fund Size

$40M

#3,770 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

9 months

#4,714 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,002+0.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Focus

Single Stock

What it actually holds

By weight

Concentration

Top 6 holdings = 37.5% of fundwell diversified

First American Government Obli
12.4%
N/A
8.7%
N/A
8.0%
N/A
4.8%
TREASURY BILL
4.1%
N/A
-0.5%

Asset allocation

Stocks
107.3%
Other
81.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-56.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Strategy
The principal investment strategy of the Defiance Daily Target 2X Long ANET ETF involves using financial instruments such as derivatives to achieve its investment objective, making it suitable primarily for short-term trading and requiring active monitoring by investors.
Inception date
September 3, 2025
Fund family
Defiance ETFs LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Leveraged single-stock ETF — documented structural drag

Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.

Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)

Why we flagged this: strategy=leveraged + single_stock_wrapper

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19