Defiance Daily Target 2X Long CVNA ETF (CVNX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
14.00 USD
|
Hot Take ↕ | Aug. 22, 2026, 2:35 a.m. EDT
This instrument is a leveraged daily ETF tracking the CVNA (Carnival Corporation) sector, and the data reveals a severe disconnect between its massive historical volatility and its current state of stagnation. The price action over the last two months shows absolutely zero movement, trading flat at $13.97, which suggests the market has priced out any immediate catalyst despite the recent headlines about oil prices and defense sectors boosting similar 2x leveraged products. The technical picture is dire; the asset is trading significantly below both its 50-day and 200-day moving averages, indicating a prolonged downtrend where the leverage has likely eroded capital rather than amplified gains. While the news mentions surges in related 2x ETFs, this specific ticker appears to be stuck in a liquidity or performance trap with no recent price history to suggest a recovery. With no dividends paid and a structure designed for short-term trading that currently offers no directional bias, it presents a high-risk profile for a long-term holder and a stalled opportunity for a momentum trader. |
| Attribute | Value |
|---|---|
| All Time High | 34.99 |
| All Time Low | 9.275 |
| Ask | 16.67 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 35,629 |
| Average Daily Volume3 Month | 42,321 |
| Average Volume | 42,321 |
| Average Volume10Days | 35,629 |
| Beta3 Year | 0.0 |
| Bid | 9.96 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 14.0 |
| Day Low | 14.0 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.69584 |
| Fifty Day Average Change | -1.6958399 |
| Fifty Day Average Change Percent | -0.10804391 |
| Fifty Two Week Change Percent | -37.306416 |
| Fifty Two Week High | 34.99 |
| Fifty Two Week High Change | -20.990002 |
| Fifty Two Week High Change Percent | -0.5998857 |
| Fifty Two Week Low | 9.275 |
| Fifty Two Week Low Change | 4.7250004 |
| Fifty Two Week Low Change Percent | 0.50943404 |
| Fifty Two Week Range | 9.275 - 34.99 |
| First Trade Date Milliseconds | 1,780,925,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Price | 14.0 |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,748,390,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| 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 non-diversified. |
| Long Name | Defiance Daily Target 2X Long CVNA ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1916074833 |
| Nav Price | 13.8568 |
| Net Assets | 3,344,362.0 |
| Net Expense Ratio | 1.29 |
| Open | 12.8443 |
| Previous Close | 14.0 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 14.0 |
| Regular Market Day Low | 14.0 |
| Regular Market Day Range | 14.0 - 14.0 |
| Regular Market Open | 12.8443 |
| Regular Market Previous Close | 14.0 |
| Regular Market Price | 14.0 |
| Regular Market Time | 1,780,948,800 |
| Regular Market Volume | 37,886 |
| Short Name | Defiance Daily Target 2X Long C |
| Source Interval | 15 |
| Symbol | CVNX |
| Total Assets | 3,344,362 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 6.2383 |
| Trailing Three Month Returns | 6.2383 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.71962 |
| Two Hundred Day Average Change | -5.7196198 |
| Two Hundred Day Average Change Percent | -0.29004717 |
| Type Disp | ETF |
| Volume | 37,886 |
| Yield | 0.0 |
| Ytd Return | -40.378 |