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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.

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