(ANEL) Defiance Daily Target 2x - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 41m USD | Total Return: -13.3% in 12m
Avg Turnover: 7.49M
Warnings
Volatile
Tailwinds
No distinct edge detected
The Defiance Daily Target 2x Long ANET ETF (ANEL) is an actively managed, non-diversified fund designed to provide 200% of the daily price performance of Arista Networks, Inc. To achieve this leveraged exposure, the fund utilizes financial derivatives such as swap agreements and listed options contracts. The management typically allocates 40% to 60% of total assets toward collateral for these instruments.
Arista Networks operates in the cloud networking sector, providing high-performance multilayer network switches for large-scale data centers and campus environments. The companys business model focuses on software-driven networking, utilizing its Extensible Operating System (EOS) to offer programmable solutions that compete directly with traditional hardware-centric infrastructure providers.
Investors can analyze detailed valuation metrics and peer comparisons for this security on ValueRay. Due to the effects of daily rebalancing and compounding, leveraged ETFs like ANEL are primarily intended for short-term trading rather than long-term buy-and-hold strategies.
- Arista Networks cloud titan spending drives high-speed switching demand
- Ethernet adoption in AI data centers expands enterprise market share
- Gross margins fluctuate based on hardware component costs and supply
- Hyperscale capital expenditure cycles dictate quarterly revenue volatility
As of May 29, 2026, the stock is trading at USD 18.72 with a total of 190,597 shares traded.
Over the past week, the price has changed by +21.17%,
over one month by -16.48%,
over three months by +19.14% and
over the past year by -13.27%.
Defiance Daily Target 2x has no consensus analysts rating.