VELL Tidal Trust II - Defiance Daily Target 2X Long VELO ETF
Quote as of Oct 23, 2026 19:52 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 0.8904 | Day Range | 0.89 – 0.9399 |
| 52-Week Range | 0.8571 – 47.06 | Volume | 16.58K |
| Avg Volume | 91.17K | AUM | $711.7K (Oct 26, 2026) |
| Expense Ratio | 1.31% | Yield (TTM) | — |
| NAV | 0.92 | Premium/Discount | +0.80% indicative |
| Inception | Jun 04, 2026 | Holdings | 7 |
| Issuer | Defiance | Exchange | CBOE |
| Category | Leveraged | Index Tracked | Not stated in source data |
| CUSIP | 88636Y714 | ISIN | US88636Y7141 |
| Structure | Leveraged 2x | ||
| Management | Not stated in source data | ||
About this ETF
VELL uses swap agreements to make bullish bets on the Velo3D, Inc. (TICKER: VELO) share price. Velo3D operates as a technology company, which engages in developing and manufacturing metal laser sintering printing machines for 3D printing. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in VELO share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. 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. VELL could potentially lose value over time, even if VELO' performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -68.13% | -69.29% | — | — | — | — | — | — | -93.18% |
| Total return | -68.13% | -69.29% | — | — | — | — | — | — | -93.18% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.31% | Annual cost of a $10,000 investment | $131.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 7 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | VELO3D, INC.-SWAP-CLST-L | — | 44.04% | 47.10K | $312.7K |
| 2 | VELO3D, INC.-SWAP-MREX-L | — | 41.94% | 44.85K | $297.8K |
| 3 | VELO3D, INC.-SWAP-NBCB-L | — | 41.41% | 44.29K | $294.1K |
| 4 | VELO3D, INC.-SWAP-CANT-L | — | 36.54% | 39.08K | $259.5K |
| 5 | VELO3D, INC.-SWAP-NMRA-L | — | 36.46% | 38.99K | $258.9K |
| 6 | First American Government Obligations Fund… | — | 8.73% | 61.97K | $62.0K |
| 7 | Cash & Other | — | -109.11% | -774.83K | -$774.8K |
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Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
Liquidity
| Volume today | 16.58K | Average volume | 91.17K |
| AUM | $711.7K | Premium/Discount | +0.80% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | -$901.00 | -0.12% | $760.7K → $711.7K |
| 1 Month | $366.7K | +32.11% | $1.1M → $711.7K |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for VELL
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.