AVXX — Defiance Daily Target 2X Long AVAV ETF
$15.51+9.15%
Last close: · regular session
After-hours $15.42 -0.58% ·
Last 60 sessions
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This actively managed Exchange Traded Fund (ETF) aims to generate two times (200%) the daily performance of an underlying security. It achieves this magnified exposure by investing in derivatives, specifically through the use of swap agreements and/or exchange-traded options contracts. The fund is expected to commit between 40% and 60% of its capital as collateral for these swap arrangements or to cover the premiums for purchased options. It is important to note that the fund maintains a non-diversified portfolio.
Company profile
- Sector: Financial Services
- Industry: Asset Management - Leveraged
- Country: US
- Exchange: NASDAQ
- Website: https://www.defianceetfs.com/avxx
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