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NVOX
-9.39 · -28.38%
$23.70 · NYSE ARCA

Defiance Daily Target 2X Long NVO ETF (NVOX) ETF Analysis | Trading--Leveraged Equity

Defiance ETFs LLC · USA
AUM:$31.9M
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 89.2% over the past year, indicating meaningful price weakness.

What is NVOX?

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.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
NVOX returned -89.2% over the past year, reflecting recent market conditions.
Broadly Diversified
Top 10 holdings represent just 8.5% of the ETF — exposure spread across many positions.
ETF Information
AUM$31.9M
Expense Ratio0.00%
Dividend Yield0.00%
Holdings1
Inception DateDec 2024
Domicile–
Distribution–
Index–
ProviderDefiance ETFs LLC
Beta–
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+36.4%
1Y
-52.7%
3Y
-91.3%
5Y
-91.3%
OpenBook InsightIf you had invested £10,000 in NVOX 5 years ago, it would have fallen to £868 — a loss of £9,132.

Annual Returns

Calendar year performance

NVOX delivered positive returns in 0 of the last 3 calendar years.
YearNVOX
2026 YTD-39.4%
2025-77.4%
2024-41.9%
CAGR 2yr-63.8%
0/3 positive yearsAvg return: -52.9%Worst year: -77.4% (2025)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
82.5%
Very High
Momentum
-17.6%
30-day change
Support Level
13.18
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 17.6% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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