Defiance Daily Target 2X Long AVAV ETF (AVXX) Price
Defiance Daily Target 2X Long AVAV ETF Price
Performance
Underlying
Defiance Daily Target 2X Long AVAV ETF provides 2X daily exposure to AeroVironment.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
ETF Holdings by Sector
| Sector | Distribution |
|---|---|
Cash & Others | 100 % |
Defiance Daily Target 2X Long AVAV ETF List of Holdings
| Company | Share |
|---|---|
United States Treasury Bill 11/19/2026 | 52.81 % |
AEROVIRONMENT, INC.-SWAP-NBCB-L | 39.04 % |
AEROVIRONMENT SWAP NOMURA-L | 36.78 % |
AEROVIRONMENT INC SWAP MAREX | 35.05 % |
AEROVIRONMENT INC COM SWAP CAN | 30.39 % |
AEROVIRONMENT INC SWAP CS | 29.94 % |
AEROVIRONMENT INC SWAP JNST-L | 28.90 % |
First American Government Obligations Fund 12/01/2031 | 9.35 % |
Frequently asked questions about Defiance Daily Target 2X Long AVAV ETF
Defiance Daily Target 2X Long AVAV ETF is offered by Defiance, a leading player in the field of passive investments.
The ISIN of Defiance Daily Target 2X Long AVAV ETF is US88636Y5327.
Defiance Daily Target 2X Long AVAV ETF aims to deliver 2 times the daily return of AeroVironment (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Defiance Daily Target 2X Long AVAV ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like Defiance Daily Target 2X Long AVAV ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Defiance Daily Target 2X Long AVAV ETF provides 2X daily long exposure to AeroVironment. When AeroVironment moves +1% in a day, Defiance Daily Target 2X Long AVAV ETF targets approximately 2% (before fees).
The total expense ratio of Defiance Daily Target 2X Long AVAV ETF is 1.31%, which means that investors pay 131.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, Defiance Daily Target 2X Long AVAV ETF does not comply with the EU UCITS investor protection directives.
The ETF invests in various sectors, with focuses on Cash & Others.
The current average trading volume of Defiance Daily Target 2X Long AVAV ETF is 142,088.00.
Defiance Daily Target 2X Long AVAV ETF is domiciled in US.
The fund was launched on 10/23/2025.
The Defiance Daily Target 2X Long AVAV ETF mainly invests in Industrial Titles companies.
The NAV of Defiance Daily Target 2X Long AVAV ETF amounts to 21.48 USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Defiance Daily Target 2X Long AVAV ETF