RIOX
Defiance Daily Target 2X Long RIOT ETF·ARCA
--
--(--)
--
--(--)
Key Stats
Assets Under Management
21.76MUSD
Fund Flows (1Y)
-2.10MUSD
Dividend Yield
--
Discount/Premium to NAV
0.16%
Shares Outstanding
2.25M
Expense Ratio
0.95%
About Defiance Daily Target 2X Long RIOT ETF
Issuer
Tidal Investments LLC
Brand
Defiance
Home Page
Inception Date
Jan 2, 2025
Structure
Open-Ended Fund
Index Tracked
--
Management Style
Active
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
RIOX uses swap agreements aiming to provide 200% daily targeted exposure to the blockchain and cryptocurrency mining industry through Riot Platforms, Inc. (RIOT). Riot Platforms operates in bitcoin mining, data center hosting, and engineering industries. The firm aims to capitalize on the growing demand for decentralized digital assets and infrastructure. The firm also has the ability to hold bitcoin on its balance sheet, offering a double-edged sword to ETF purchasers. As a leveraged product, it is designed for short-term tactical use. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. RIOX could potentially lose value over time, even if RIOTs performance is strong. The ETF may hold government securities, money market funds, etc. as collateral for the swaps. Purchasers should be comfortable with counter-party risk.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Application Software
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -18.70% | -69.84% | +5.14% | -66.01% | -62.01% | -62.01% |
NAV Total Return | -42.47% | -76.94% | -35.67% | -74.76% | -0.67% | -0.67% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
RIOT PLATFORMS INC SWAP BMO
55.43%
RIOT PLATFORMS INC SWAP CS
55.23%
RIOT PLATFORMS INC SWAP - L -MAREX
51.55%
RIOT PLATFORMS SWAP - L -CANTOR
37.67%
United States Treasury Bill 02/19/2026
16.29%
First American Government Obligations Fund 12/01/2031
3.33%
RIOT PLATFORMS SWAP NOMURA-L
0.05%
Cash & Other
-119.91%
Top 10 Weight 99.64%
8 Total Holdings
Is SPY better than RIOX?
Dividends
No data is currently available
How Much Does RIOX Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy RIOX?
Fund Flows
