AUM $38.7MER 1.31%NAV $10.06Holdings 10Inception Dec 2024
Price Chart
Key Statistics
Previous Close
$9.84Day Range
N/A52-Week Range
$9.10$33.58
Avg Volume
360.8KDividend Yield
—Expense Ratio
1.31%AUM
$38.7MShares 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 | 74.98% |
| Other | 25.02% |
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 $38.7M 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 | 76.38% | 29,300,000 | $29.2M |
| 2 | — | NOVO-NORDISK SWAP MS | 45.10% | 437,500 | $17.3M |
| 3 | — | NOVO-NORDISK SWAP MAREX | 29.83% | 289,357 | $11.4M |
| 4 | — | NOVO-NORDISK SWAP CLEARSTREET | 29.58% | 286,904 | $11.3M |
| 5 | — | NOVO-NORDISK A/S-SPONS ADR NOMURA | 29.51% | 286,254 | $11.3M |
| 6 | — | NOVO-NORDISK SWAP NBC-L | 27.64% | 268,105 | $10.6M |
| 7 | — | NOVO-NORDISK INC SWAP CANTOR | 22.97% | 222,769 | $8.8M |
| 8 | — | NOVO-NORDISK SWAP BMO-L | 15.62% | 151,500 | $6.0M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 0.12% | 45,291 | $45K |
| 10 | — | Cash & Other | -176.74% | -67,600,309 | $-67600309 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | +3.25% | |
| 1M | +0.51% | |
| 3M | -45.85% | |
| 6M | -24.44% | |
| YTD | -57.33% | |
| 1Y | -60.75% | |
| 3Y | -93.89% | |
| 5Y | -93.89% |
Moving Averages
20-Day MA
$9.60
Above 20-Day MA50-Day MA
$11.67
Below 50-Day MA200-Day MA
$14.65
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$33.58
Current Price
$9.80
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(206 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 1.31% | 0.64% |
| AUM | $38.7M | $873.4M |
| Dividend Yield | — | 4.48% |
| Avg Volume | 360.8K | 251.0K |
| Holdings | 10 | 142 |
| Performance | ||
| 1-Month Return | -0.10% | -1.00% |
| 6-Month Return | -32.37% | +5.56% |
| YTD Return | -54.96% | +10.43% |
| 1-Year Return | -69.27% | +6.48% |
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