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AVXX Stock Price, Chart, Stats & News

Defiance Daily Target 2X Long AVAV ETF
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Trading--Leveraged Equity
Category
1.66%
Dividend yield
1.29%
Expense ratio
11.84M
Assets

AVXX chart

1M
3M
1Y
5Y
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AVXX returns

YTD
-67.62%
1Y volatility0.00%
3Y volatility0.00%
Sharpe ratio0.00

About

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.

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