Defiance Daily Target 2X Long ANET ETF (ANEL)

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Defiance Launches ANEL: 2X Long ETF for Arista Networks, Inc.
GlobeNewswire News Roomยท 2025-09-04 13:58
Core Viewpoint - Defiance ETFs has launched the Defiance Daily Target 2X Long ANET ETF (Ticker: ANEL), which offers investors 2X daily exposure to the performance of Arista Networks, Inc. (NYSE: ANET) [1][2]. Company Overview - Arista Networks is a global leader in cloud networking solutions, providing scalable and high-performance platforms for large data centers, enterprise networks, and cloud providers [3]. - The company focuses on software-driven architecture, network automation, and advanced AI-driven security, positioning itself as a key enabler of cloud computing and next-generation enterprise connectivity [3]. Fund Structure and Strategy - The ANEL fund aims to deliver daily investment results of 200% of the daily performance of Arista Networks, utilizing derivatives such as swaps and options to achieve its leveraged objectives [2]. - The fund is designed for knowledgeable investors who understand the risks associated with seeking daily leveraged investment results and are willing to actively monitor their portfolios [4]. Company Background - Defiance ETFs, founded in 2018, specializes in thematic, income, and leveraged ETFs, and is recognized for its innovative approach in the ETF market [5].