AVAZ ETF — 2x Avalanche ETF

2x Avalanche ETF (AVAZ)

Updated October 16, 2026.

AVAZ is an ETF. its distribution rate is 0.32%, its trailing-12-month yield is 0.21%, its expense ratio is 1.85%. Dividend Vision Distribution Safety Score™ is 25/100 (Unproven). Total return is -15.8% over the past 0.4 years, 19.6 points behind SPY at 3.8%.

2x Avalanche ETF is a leveraged fund that provides 2x daily exposure to the Avalanche blockchain token. The fund distributes income monthly at a modest current rate, and carries an expense ratio of 1.85%, reflecting the costs of its leveraged structure. This fund appeals to investors seeking amplified exposure to Avalanche price movements, though leveraged crypto funds entail substantially higher volatility and risk than their underlying assets.

AVAZ performance versus SPY

Price and return data through 2026-10-16.

Total return is -15.8% over the past 0.4 years, 19.6 points behind SPY at 3.8%.

AVAZ key facts

Distribution Safety Score™

25 · Unproven

Issuer

Volatility Shares

Asset type

ETF

Asset class

Equity

Expense ratio

1.85%

Distribution rate

0.32%

Distribution frequency

Monthly

Trailing yield

0.21%

Last close

$14.77 (as of 2026-10-16)

AUM

$1,079,305

Average volume

23931.0

Dividend

$0.004

Ex-dividend date

09/23/2026

Payment date

09/24/2026

How Dividend Vision calculates yield and returns

Distribution rate (0.32%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.21%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Volatility Shares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AVAZ risks and drawbacks

AVAZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider AVAZ — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on AVAZ

• All tickers starting with A

Tagged: Leverage, Crypto.

Frequently asked questions

More securities from Volatility Shares.