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CVNX — Defiance Daily Target 2X Long CVNA ETF

Delisted. The figures below are frozen at this symbol's final trading day.

Defiance Daily Target 2X Long CVNA ETF (CVNX)

This ETF is an actively managed fund that uses derivatives to pursue two times the daily percentage change of Carvana's share price, making it a leveraged bet on the stock's short-term movements. The fund does not distribute income and carries an expense ratio of 1.29%. It appeals to traders seeking amplified daily exposure to Carvana rather than traditional long-term income or buy-and-hold investors.

CVNX key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Inception date
05/28/2025
Expense ratio
1.29%
Distribution rate
0.00%
Last close
$14.00
AUM
$3,344,362
Average volume
42321.0