AVXX Defiance Daily Target 2X Long AVAV ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 19.70 | Day Range | 19.12 – 20.00 |
| 52-Week Range | 18.73 – 368.73 | Volume | 38.69K |
| Avg Volume | 140.98K | AUM | $12.4M (Oct 10, 2026) |
| Expense Ratio | 1.31% | Yield (TTM) | 0.15% |
| NAV | 19.68 | Premium/Discount | -0.60% indicative |
| Inception | Oct 23, 2025 | Holdings | 9 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 88636Y532 | ISIN | US88636Y5327 |
| Structure | Leveraged 2x | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
This actively managed Exchange Traded Fund (ETF) aims to generate two times (200%) the daily performance of an underlying security. It achieves this magnified exposure by investing in derivatives, specifically through the use of swap agreements and/or exchange-traded options contracts. The fund is expected to commit between 40% and 60% of its capital as collateral for these swap arrangements or to cover the premiums for purchased options. It is important to note that the fund maintains a non-diversified portfolio.
Description from the fund data provider · profile as of Oct 10, 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 | -8.30% | +287.33% | +96.98% | -18.09% | — | — | — | — | -69.80% |
| Total return | -8.30% | +287.33% | +96.98% | -18.09% | — | — | — | — | -69.69% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 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 as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 9 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Bill 11/19/2026 | — | 54.34% | 6.70M | $6.7M |
| 2 | AEROVIRONMENT, INC.-SWAP-NBCB-L | — | 39.64% | 35.50K | $4.9M |
| 3 | AEROVIRONMENT SWAP NOMURA-L | — | 37.35% | 33.45K | $4.6M |
| 4 | AEROVIRONMENT INC SWAP MAREX | — | 33.86% | 30.32K | $4.2M |
| 5 | AEROVIRONMENT INC COM SWAP CAN | — | 30.07% | 26.93K | $3.7M |
| 6 | AEROVIRONMENT INC SWAP CS | — | 29.78% | 26.68K | $3.7M |
| 7 | AEROVIRONMENT INC SWAP JNST-L | — | 29.34% | 26.28K | $3.6M |
| 8 | First American Government Obligations Fund… | — | 11.26% | 1.38M | $1.4M |
| 9 | Cash & Other | — | -165.64% | -20.34M | -$20.3M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Distributions
| Yield (TTM) | 0.15% | Paid (last 12 months) | $0.0286 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 30, 2025 | Last payment | $0.0286 (Dec 31, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 30, 2025 | Dec 30, 2025 | Dec 31, 2025 | $0.0286 |
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
| Volatility 1Y / 3Y | 464.90% / — | Sharpe 1Y / 3Y | 2.77 / — |
| Max drawdown 1Y / 3Y | -93.05% / — | Sortino 1Y | 11.84 |
| Beta vs S&P 500 (3Y) | 4.30 | Correlation vs S&P 500 (1Y) | 0.024 |
| Downside deviation 1Y | 109.01% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 38.69K | Average volume | 140.98K |
| AUM | $12.4M | Premium/Discount | -0.60% |
| 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 Day | $163.4K | +1.34% | $12.2M → $12.4M |
| 1 Month | $2.8M | +25.06% | $11.3M → $12.4M |
| 1 Week | $698.0K | +5.64% | $12.4M → $12.4M |
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 AVXX
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.