- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 234 West Florida Street Milwaukee NY United States of America 53204
- IPO Date
- Sep 4, 2025
- Business
- Defiance ETFs LLC (Defiance) issues the Defiance Daily Target 2X Long ANET ETF (Ticker: ANEL), a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change in the share price of Arista Networks, Inc. (NYSE: ANET); the fund employs derivatives including swap agreements and listed options contracts, with collateral typically invested in US Government securities, money market funds, short-term bond ETFs, and corporate debt. ANEL targets active investors seeking amplified exposure to Arista Networks, a global leader in cloud networking solutions for large data centers, enterprise networks, and cloud providers, without requiring a margin account.
Defiance, founded in 2018 and headquartered in Miami, Florida, specializes in thematic, income-generating, and leveraged single-stock ETFs across technology, AI, and high-growth sectors. The company offers a diverse lineup of products, including first-mover leveraged long and short ETFs on individual stocks such as IonQ, Oklo, SoundHound AI, and Lemonade, alongside innovative options-based income strategies.
In September 2025, Defiance launched ANEL to capitalize on demand for precise leveraged exposure to Arista Networks amid growth in cloud computing, AI-driven data centers, and enterprise networking. This launch expands Defiance's portfolio of daily target 2x long ETFs, reinforcing its leadership in providing retail-accessible leveraged strategies; no major acquisitions, funding rounds, or reorganizations have been reported in the past 1-2 years. Defiance operates primarily in the United States, distributing its ETFs through platforms like Nasdaq and targeting sophisticated investors who actively monitor leveraged products.