AUM $42.9MER 1.31%NAV $9.99Holdings 10Inception Dec 2024
Price Chart
Key Statistics
Previous Close
$10.02Day Range
$9.88$10.08
52-Week Range
$9.10$33.58
Avg Volume
434.1KDividend Yield
—Expense Ratio
1.31%AUM
$42.9MShares Outstanding
2.8METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Healthcare | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 73.43% |
| Other | 26.57% |
Fund Information
- Issuer
- Defiance
- Category
- Healthcare
- Inception Date
- Dec 2, 2024
- Exchange
- NYSE_ARCA
- Description
- NVOX uses swap agreements to make bullish bets on NOVO Nordisk A/S - ADR (NVO) share price. NVO designs and manufactures high-performance computer server solutions for data centers and cloud providers. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in NVO's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. NVOX fund could potentially lose value over time, even if NVO's performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Similar ETFs
The Defiance Daily Target 2X Long NVO ETF (NVOX) is an exchange-traded fund issued by Defiance that launched on Dec 2, 2024. It currently manages $42.9M in assets under management. The fund charges an expense ratio of 1.31%. The fund holds 10 securities in its portfolio. It falls under the Healthcare category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | United States Treasury Bill 11/19/2026 | 74.50% | 30,500,000 | $30.4M |
| 2 | — | NOVO-NORDISK SWAP MS | 44.47% | 462,500 | $18.1M |
| 3 | — | NOVO-NORDISK SWAP CLEARSTREET | 31.32% | 325,714 | $12.8M |
| 4 | — | NOVO-NORDISK SWAP MAREX | 30.67% | 318,978 | $12.5M |
| 5 | — | NOVO-NORDISK A/S-SPONS ADR NOMURA | 27.24% | 283,255 | $11.1M |
| 6 | — | NOVO-NORDISK INC SWAP CANTOR | 26.19% | 272,395 | $10.7M |
| 7 | — | NOVO-NORDISK SWAP NBC-L | 25.78% | 268,105 | $10.5M |
| 8 | — | NOVO-NORDISK SWAP BMO-L | 14.57% | 151,500 | $5.9M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 0.42% | 171,332 | $171K |
| 10 | — | Cash & Other | -175.18% | -71,445,883 | $-71445883 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -1.20% | |
| 1W | +4.66% | |
| 1M | -3.52% | |
| 3M | -39.65% | |
| 6M | -20.83% | |
| YTD | -57.25% | |
| 1Y | -61.53% | |
| 3Y | -93.88% | |
| 5Y | -93.88% |
Moving Averages
20-Day MA
$9.58
Above 20-Day MA50-Day MA
$11.94
Below 50-Day MA200-Day MA
$14.91
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$33.58
Current Price
$9.90
52-Week Low
$9.10
$9.10$33.58
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | NVOX | Healthcare(205 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 1.31% | 0.64% |
| AUM | $42.9M | $868.4M |
| Dividend Yield | — | 4.50% |
| Avg Volume | 434.1K | 264.1K |
| Holdings | 10 | 145 |
| Performance | ||
| 1-Month Return | -3.52% | -1.96% |
| 6-Month Return | -30.98% | +10.01% |
| YTD Return | -54.87% | +11.25% |
| 1-Year Return | -66.70% | +7.17% |
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