Defiance Daily Target 2X Long LLY ETF Price & Performance (LLYX)

The Defiance Daily Target 2x Long Avgo ETF was downgraded to a "Strong Sell" rating following recent trading activity. Despite a 1.14% gain on March 21, the ETF's short-term trend suggests a potential 41.14% decline over the next three months. Analysts cite falling volume and negative signals as key concerns.1

The Defiance Daily Target 2X Long HOOD ETF aims to deliver twice the daily percentage change of Robinhood Markets, Inc. stock. However, its leveraged structure poses heightened risks, especially over extended periods. Investors are cautioned against expecting consistent double returns due to potential deviations in leverage levels.2

Defiance Quantum ETF, tied to IonQ's quantum computing developments, ended March 20 at $78.39, reflecting a 1.99% drop. Analysts predict a 5.52% decline over the next three months amidst a falling trend. Increased trading volume on a down day raises concerns about short-term volatility.3