The fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is expected to allocate between 40% and 60% of its assets as collateral for swap agreements or as premiums for purchased options contracts. The fund is non-diversified.
Frequently asked questions
What is Defiance Daily Target 2x Long AVAV ETF (AVXX) current stock price?
As of the latest data, Defiance Daily Target 2x Long AVAV ETF stock price is $8.43, with a previous close of $8.67. Defiance Daily Target 2x Long AVAV ETF lost -$0.24 in the last trading session, representing a -2.77% loss.
Does Defiance Daily Target 2x Long AVAV ETF (AVXX) pay dividends?
Yes. Defiance Daily Target 2x Long AVAV ETF pays annual dividends with an annualized yield of 1.03% and an estimated annual payout of $0.09 per share.