DV
Dividend Vision

NVOX — Defiance Daily Target 2X Long NVO ETF

Defiance Daily Target 2X Long NVO ETF (NVOX)

NVOX pays a 0.00% distribution rate, on a 1.30% expense ratio. Total return is -91.3% over the past 1.7 years, 36.1 points behind NVO at -55.2%. Its deepest 1-year drawdown was 73.9%.

Defiance Daily Target 2X Long NVO ETF is a leveraged equity ETF that seeks to deliver twice the daily performance of its underlying benchmark through the use of financial derivatives and leverage. The fund charges an expense ratio of 1.30% and currently has no distribution yield, reflecting its structure as a leveraged trading vehicle rather than an income-focused product. This ETF appeals primarily to active traders and sophisticated investors seeking amplified short-term directional exposure, rather than traditional dividend or long-term income investors.

NVOX key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Inception date
12/02/2024
Expense ratio
1.30%
Distribution rate
0.00%
Last close
$14.10
AUM
$30,409,820
Average volume
175740.0
P/E ratio
71.5466