---
ticker: "ANEL"
name: "Defiance Daily Target 2X Long ANET ETF"
url: "https://etf.net/etf/ANEL"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "107 of 380"
methodology: "https://etf.net/methodology"
---

# ANEL: Defiance Daily Target 2X Long ANET ETF

Grade **C**, Score 45 of 100. Rank 107 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 21 | 299 of 380 |
| Mission | 92 | 69 of 148 |
| Risk | 65 | 95 of 363 |
| Tradability | 68 | 90 of 380 |
| Holdings | Not scored | — |
| Durability | 65 | 96 of 380 |

## Top holdings

The fund holds 8 positions. These are the largest 8, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Bill 11/19/2026 | 47.21% |
| 2 | — | Arista Networks, Inc.-Swap-Nbcb-L | 40.28% |
| 3 | — | Arista Networks, Inc.-Swap-Nmra-L | 39.83% |
| 4 | — | Arista Networks Inc Swap Cantor | 34.40% |
| 5 | — | Arista Networks Inc Swap Marex | 31.42% |
| 6 | — | Arista Networks Swap Cs | 30.26% |
| 7 | — | Arista Networks Swap Bmo-L | 23.83% |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 2.91% |

Source: etf.net, https://etf.net/etf/ANEL. Please cite the page URL.