Defiance Daily Target 2X Long AVAV ETF (AVXX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
4.78 USD
-0.28
(-5.534%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 4.81 +0.03 (0.628%) ⇧ (Aug. 28, 2026, 7:54 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:51 a.m. EDT
This is a dangerous instrument for a standard portfolio. It is a leveraged daily ETF tracking AeroVironment, which has suffered a catastrophic multi-year decline, dropping from highs near $74 to current levels around $6. The underlying business faces severe headwinds, evidenced by the relentless downward price trajectory over the last two years. While the recent 14-day price action shows a volatile bounce, it remains well below its 50-day and 200-day averages, confirming that the broader trend is still deeply bearish. The options market is pricing in a 'blow-off top' scenario—a sudden, sharp rally followed by an even sharper drop—which is a common pattern for leveraged funds in distress. With negligible trading volume relative to average and a single, isolated dividend payment, there is no safety net here. This is purely a speculative vehicle for traders willing to risk total loss on a potential short-term gamma squeeze, not a long-term investment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.208493 |
| AutoARIMA | 0.239569 |
| AutoETS | 0.240837 |
| MSTL | 0.265537 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 0.53 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.172 |
| Excess Kurtosis | -1.02 |
As of Aug. 22, 2026, 4:51 a.m. EDT: Speculators are positioning for a sharp, immediate spike followed by a collapse. On the nearest expiration, there is aggressive buying of out-of-the-money calls at the $7 strike alongside fresh put volume at the $8 strike, creating a classic 'long gamma' squeeze setup where volatility will likely explode and then vanish. Further out, open interest is heavily skewed toward deep out-of-the-money strikes ($11 calls, $3 puts), indicating bets on extreme tail events rather than a steady trend.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-30 | 0.087 | 0.359356 |
| Attribute | Value |
|---|---|
| All Time High | 73.746 |
| All Time Low | 4.58 |
| Ask | 8.65 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 357,910 |
| Average Daily Volume3 Month | 559,453 |
| Average Volume | 559,453 |
| Average Volume10Days | 357,910 |
| Beta3 Year | 0.0 |
| Bid | 5.03 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.09 |
| Day Low | 4.67 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.03934 |
| Fifty Day Average Change | -1.2593398 |
| Fifty Day Average Change Percent | -0.20852275 |
| Fifty Two Week Change Percent | -92.62106 |
| Fifty Two Week High | 73.746 |
| Fifty Two Week High Change | -68.966 |
| Fifty Two Week High Change Percent | -0.9351829 |
| Fifty Two Week Low | 4.58 |
| Fifty Two Week Low Change | 0.20000029 |
| Fifty Two Week Low Change Percent | 0.043668184 |
| Fifty Two Week Range | 4.58 - 73.746 |
| First Trade Date Milliseconds | 1,761,312,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.28 |
| Fullday Change Percent | -5.53359 |
| Fullday Price | 4.81 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,761,091,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-24 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Defiance Daily Target 2X Long AVAV ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1955615959 |
| Nav Price | 5.0675 |
| Net Assets | 9,436,252.0 |
| Net Expense Ratio | 1.31 |
| Open | 5.07 |
| Post Market Change | 0.029999733 |
| Post Market Change Percent | 0.62760943 |
| Post Market Price | 4.81 |
| Post Market Time | 1,787,961,284 |
| Previous Close | 5.06 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.28 |
| Regular Market Change Percent | -5.53359 |
| Regular Market Day High | 5.09 |
| Regular Market Day Low | 4.67 |
| Regular Market Day Range | 4.67 - 5.09 |
| Regular Market Open | 5.07 |
| Regular Market Previous Close | 5.06 |
| Regular Market Price | 4.78 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 518,898 |
| Short Name | Defiance Daily Target 2x Long A |
| Source Interval | 15 |
| Symbol | AVXX |
| Total Assets | 9,436,252 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -54.35877 |
| Trailing Three Month Returns | -54.35877 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.53767 |
| Two Hundred Day Average Change | -12.757669 |
| Two Hundred Day Average Change Percent | -0.7274438 |
| Type Disp | ETF |
| Volume | 518,898 |
| Ytd Return | -78.39223 |