Key stats
About Defiance Daily Target 2x Long ANET ETF
Home page
www.defianceetfs.com/ANEL
Inception date
Sep 3, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US88636V8191
ANEL uses swap agreements and short-dated listed call options to make bullish bets on the share price of Arista Networks, Inc. (NYSE: ANET). ANET develops, markets, and sells data-driven, client-to-cloud networking solutions for data centers, campuses, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in ANET price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility and compounding effects. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash83.58%
Mutual fund12.36%
Government4.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ANEL assets under management is 9.43 M USD. It's risen 35.64% over the last month.
ANEL fund flows account for 9.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ANEL doesn't pay dividends to its holders.
ANEL shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Sep 3, 2025, and its management style is Active.
ANEL expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
ANEL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ANEL invests in cash.
ANEL price has risen by 2.05% over the last month, and its yearly performance shows a −16.80% decrease. See more dynamics on ANEL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −26.76% decrease in three-month performance and has increased by 13.09% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −26.76% decrease in three-month performance and has increased by 13.09% in a year.
ANEL trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.