AVXX ETF — Defiance Daily Target 2x Long AVAV ETF

Defiance Daily Target 2x Long AVAV ETF (AVXX)

AVXX is an ETF that tracks the AeroVironment (AVAV). As of August 19, 2026, its distribution rate is 1.28%, its trailing-12-month yield is 1.28%, its expense ratio is 1.31%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is -89.5% over the past 0.8 years, 35.5 points behind AVAV at -54.0%.

At the current 1.28% distribution rate, a $10,000 investment would generate approximately $128 per year, or $10.67 per month on an equivalent basis. Actual annual payments vary.

Defiance Daily Target 2x Long AVAV ETF is an actively managed ETF that seeks to deliver twice the daily percentage movement of AeroVironment shares through the use of derivatives such as swap agreements and options contracts, with a modest asset base. The fund carries a substantial expense ratio and allocates roughly 40–60% of assets as collateral or premiums for its derivative positions, making it a leveraged instrument designed for short-term tactical trading rather than buy-and-hold investing. This ETF appeals to experienced traders seeking amplified daily exposure to AeroVironment, though leveraged funds experience decay over longer holding periods and carry elevated complexity and risk.

AVXX performance versus AVAV

Data as of August 19, 2026.

Fund total return is -89.5% over the past 0.8 years, 35.5 points behind AVAV at -54.0%.

AVXX key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

10/22/2025

Expense ratio

1.31%

Distribution rate

1.28%

Distribution frequency

Annual

Trailing yield

1.28%

Last close

$6.78

AUM

$9,833,066

Average volume

184188.0

Last dividend

$0.0870

Ex-dividend date

12/30/2025

Payment date

12/31/2025

How Dividend Vision calculates yield and returns

Distribution rate (1.28%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Defiance ETFs; Index: AeroVironment (AVAV); 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.

AVXX risks and drawbacks

AVXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed AVAV over the available window.

Who may consider AVXX — and who may not

It is a weaker fit for investors who need monthly cash flow (AVXX pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching AVAV total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Defiance ETFs.