AVAZ Volatility Shares Trust - 2x Avalanche ETF
Quote as of Oct 26, 2026 17:37 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 | 12.05 | Day Range | 11.43 – 11.83 |
| 52-Week Range | 6.55 – 21.03 | Volume | 4.23K |
| Avg Volume | 7.47K | AUM | $1.1M (Oct 26, 2026) |
| Expense Ratio | 1.85% | Yield (TTM) | 0.32% |
| NAV | 11.83 | Premium/Discount | -1.86% indicative |
| Inception | May 15, 2026 | Holdings | 3 |
| Issuer | Volatility Shares | Exchange | CBOE |
| Category | Cryptocurrency | Index Tracked | Not stated in source data |
| CUSIP | 92865J679 | ISIN | US92865J6799 |
| Structure | Leveraged 2x | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
AVAZ is an actively managed fund focused on achieving returns linked to AVAX futures contracts traded on CFTC-registered exchanges, along with collateral investments like cash or high-quality securities. It aims for full participation in AVAX returns by using the price of the near-expiry AVAX futures contracts and rolling the futures contracts prior to expiration. Though the fund does not invest directly in AVAX, it benefits from AVAX futures contracts price increases and exposes investors to all downside risk. AVAX is the native token of the Avalanche blockchain network that uses a proof-of-stake consensus algorithm to validate transactions, allowing for decentralized application development and autonomous blockchains. The fund may hold AVAX futures contracts, shares in other AVAX-linked ETPs not registered under the 1940 Act (when applicable), AVAX referenced indexes, and swap agreements referencing AVAX. The fund utilizes a Cayman Island subsidiary to invest via futures contracts.
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 | -41.68% | +72.78% | — | — | — | — | — | — | -31.52% |
| Total return | -41.68% | +73.03% | — | — | — | — | — | — | -31.28% |
* 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 | 1.85% | Annual cost of a $10,000 investment | $185.00 |
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 23, 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. 3 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | AVAX Futures Oct26 | — | 52.91% | 38 | $1.7M |
| 2 | Cash & Other | — | 33.11% | 1.08M | $1.1M |
| 3 | AVAX Futures Nov26 | — | 13.98% | 10 | $457.8K |
Click a ticker to see every ETF that owns it.
Distributions
| Yield (TTM) | 0.32% | Paid (last 12 months) | $0.0390 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 21, 2026 | Last payment | $0.0080 (Oct 22, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 21, 2026 | Oct 21, 2026 | Oct 22, 2026 | $0.0080 |
| Sep 23, 2026 | Sep 23, 2026 | Sep 24, 2026 | $0.0040 |
| Aug 19, 2026 | Aug 19, 2026 | Aug 20, 2026 | $0.0050 |
| Jul 22, 2026 | Jul 22, 2026 | Jul 23, 2026 | $0.0130 |
| Jun 17, 2026 | Jun 17, 2026 | Jun 18, 2026 | $0.0090 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 4.23K | Average volume | 7.47K |
| AUM | $1.1M | Premium/Discount | -1.86% |
| 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 | -$4.2K | -0.35% | $1.2M → $1.1M |
| 1 Month | $319.3K | +31.82% | $1.0M → $1.1M |
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 AVAZ
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.