Defiance Daily Target 2X Long CVNA ETF (CVNX)
| Assets | $3.26M |
| Expense Ratio | 1.29% |
| PE Ratio | n/a |
| Shares Out | 235,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 37,931 |
| Open | 12.84 |
| Previous Close | 12.76 |
| Day's Range | 12.84 - 14.03 |
| 52-Week Low | 9.28 |
| 52-Week High | 34.99 |
| Beta | n/a |
| Holdings | 10 |
| Inception Date | May 28, 2025 |
About CVNX
The Defiance Daily Target 2X Long CVNA ETF (CVNX) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Carvana Co. (CVNA), less fees and expenses, through derivatives like swap agreements CVNX was launched on May 28, 2025 and is issued by Defiance.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| US DOLLARS | n/a | 59.58% |
| CARVANA CO SWAP JNST-L | n/a | 51.09% |
| CARVANA CO SWAP CANTOR | n/a | 45.98% |
| CARVANA CO SWAP CS | n/a | 41.64% |
| CARVANA CO SWAP MAREX | n/a | 37.76% |
| CVNA NOMURA | n/a | 22.83% |
| United States Treasury Bills 0% | B.0 06.25.26 | 12.00% |
| OTHER ASSETS AND LIABILITIES | n/a | 7.79% |
| First American Government Obligations Fund Class X | FGXXX | 0.73% |
| Cash Offset | n/a | -179.41% |
Performance
CVNX had a total return of -39.65% in the past year, including dividends. Since the fund's inception, the average annual return has been -31.34%.
News
Defiance ETFs Announces Closure of BU and CVNX Funds
NEW YORK, May 29, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs today announced their decision to close and liquidate two exchange-traded funds: the Defiance Daily Target 2X Long B ...
Defiance Launches CVNX: The First 2X Long ETF for Carvana Co.
MIAMI, May 29, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces CVNX , the Defiance Daily Target 2X Long CVNA ETF (CVNX) , a 2X leveraged single-stock ETF designed to provide amplified exposure to Ca...