NVOX

Defiance$17.91+0.97 (+5.73%)
AUM $41.1MER 1.29%NAV $16.00Holdings 10

Price Chart

Key Statistics

Previous Close

$16.94

Day Range

$17.11$18.00

52-Week Range

$9.28$49.76

Avg Volume

232.0K

Dividend Yield

Expense Ratio

1.29%

AUM

$41.1M

Shares Outstanding

3.2M

ETF Grades

?

Sector Breakdown

SectorWeight %
Healthcare100.00%

Country Allocation

CountryWeight %
Other85.37%
United States14.63%

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

SymbolNameAUM
SCHDSchwab U.S. Dividend Equity ETF$100.89B
IWMiShares Russell 2000 ETF$80.08B
XLVState Street Health Care Select Sector SPDR ETF$41.66B
VHTVanguard Health Care ETF$20.40B
VTWOVanguard Russell 2000 ETF$18.60B

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 $41.1M in assets under management. The fund charges an expense ratio of 1.29%. The fund holds 10 securities in its portfolio. It falls under the Healthcare category.

Top 10 holdings represent 100.0% of the fund

RankSymbolNameWeight %SharesMarket Value
1NOVO-NORDISK SWAP MS63.18%512,500$24.7M
2NOVO-NORDISK A/S-SPONS ADR NOMURA26.01%211,000$10.2M
3NOVO-NORDISK SWAP CLEARSTREET24.34%197,435$9.5M
4NOVO-NORDISK SWAP NBC-L23.85%193,500$9.3M
5NOVO-NORDISK SWAP MAREX22.31%181,000$8.7M
6NOVO-NORDISK SWAP BMO-L21.57%175,000$8.4M
7NOVO-NORDISK INC SWAP CANTOR18.94%153,653$7.4M
8United States Treasury Bill 08/27/202611.83%4,640,000$4.6M
9First American Government Obligations Fund 12/01/203110.43%4,074,739$4.1M
10Cash & Other-122.45%-47,861,849$-47861849

Detailed Returns

PeriodReturnETF
1D
+5.73%
1W
+5.29%
1M
+9.41%
3M
+50.38%
6M
-37.49%
YTD
-22.50%
1Y
-64.01%
3Y
-88.90%
5Y
-88.90%

Moving Averages

20-Day MA

$16.86

Above 20-Day MA
50-Day MA

$15.21

Above 50-Day MA
200-Day MA

$17.96

Below 200-Day MA

Price with Moving Averages

Support & Resistance

52-Week High

$49.76

Current Price

$17.91

52-Week Low

$9.28

$9.28$49.76

Current Yield

Annual Dividend

Frequency

Last Ex-Date

Dividends

No dividend data available for this ETF.

Category Comparison

MetricNVOXHealthcare(212 ETFs)
Fund Info
Expense Ratio1.29%0.62%
AUM$41.1M$1.86B
Dividend Yield3.66%
Avg Volume232.0K442.0K
Holdings10147
Performance
1-Month Return+5.55%-1.05%
6-Month Return-5.23%
YTD Return-22.61%+9.86%
1-Year Return-5.91%

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