DV
Dividend Vision

VELL — Defiance Daily Target 2X Long VELO ETF

Defiance Daily Target 2X Long VELO ETF (VELL)

VELL carries a 1.31% expense ratio. Total return is -47.2% over the past 0.2 years, 49.2 points behind VELO at 2.0%.

VELL is a leveraged equity ETF that seeks to deliver twice the daily performance of the Velocity Financial Inc. stock through the use of derivative instruments and financial leverage. The fund carries a 1.31% expense ratio and does not currently distribute income to shareholders. This product is structured for active traders seeking short-term, amplified exposure to a single financial services stock rather than income-focused investors, and the leverage mechanism means losses are also magnified on an intraday basis.

VELL key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Expense ratio
1.31%
Last close
$7.17
AUM
$1,151,840
Average volume
75700.0