Defiance Daily 2X Space ETF (SPCL) Historical Volatility

Tracking SPCL historical volatility helps you see how much Defiance Daily 2X Space ETF's stock price has actually moved over past periods, giving you a baseline to judge whether current option premiums are fair, cheap, or expensive. While implied volatility tells you what the market expects, Defiance Daily 2X Space ETF's HV tells you what really happened. Use our scanner to monitor SPCL 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of an underlying's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. The SPCL 30 day historical volatility is one of the most widely watched readings because it balances responsiveness with stability. Comparing Defiance Daily 2X Space ETF's HV to its implied volatility reveals the volatility risk premium — when IV sits well above HV, option sellers tend to have an edge; when HV runs hot relative to IV, buyers may be underpaying for movement.

SPCL is an exchange-traded fund designed to offer amplified exposure to a concentrated selection of companies within the burgeoning space economy. This includes firms focused on satellite communications, launch services, and various space-enabled technologies. Its portfolio construction employs a qualitative, thematic approach to identify a limited number of enterprises, typically ranging from 3 to 10. Selection criteria emphasize their deep involvement in space-related activities, their specific role within the industry, and their growth trajectory. While holdings are generally weighted equally, adjustments may occur to manage market volatility or liquidity concerns.

Crucially, the fund does not directly invest in these underlying securities. Instead, it utilizes financial derivatives, such as swaps and options, to achieve its target of approximately 2x daily leverage. Due to this daily resetting of exposure, investors should note that returns over periods longer than a single day can diverge significantly from two times the performance of the underlying portfolio, primarily owing to compounding effects and market fluctuations. It's worth noting that prior to April 17, 2026, this fund was known by the ticker XAIL.

Sizing a long premium trade, modeling a covered call, or hunting volatility arbitrage all come back to one question: how much has the stock actually moved? Our scanner puts Defiance Daily 2X Space ETF's historical volatility side-by-side with implied readings across every lookback window, so you can see exactly where SPCL HV is running hot, cold, or in line. Make the SPCL 30 day historical volatility — and every other window — work for your edge instead of against it.