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NVOX ETF · Defiance Daily Target 2X Long NVO ETF
The NVOX Exchange Traded Fund (ETF) is provided by Defiance ETFs. It is built to track an index: NVO Price. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.
Last update Today at 1:30 PM UTC
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This fund is part ofLeveraged Equity1M perf.-4.78%
Last price
$10.73
1M perf.
-44.83%
1M flows
+€13M
AuM
€40M
E/R
1.3%
Rating
Not rated
ESG Consensus®
NVOX
$10.73
Performance & flows
December 15, 2025 → March 13, 2026
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NVOX
$10.42
-52.12%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -44.83% | -52.12% | -84.58% | N/A | N/A | +1.37% | -52.38% | -52.38% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
88636W288
ISIN
US88636W2888
AuM
€40M
E/R
1.3%
Replication rating
Not rated
ESG Consensus®
More details
NAV
3/13/2026
$10.42
1D NAV change
-0.47%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
N/A
Inception date
12/2/2024
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The Defiance Daily Target 2X Long NVO ETF (the “Fund”) seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of NOVO Nordisk A/S- ADR (NYSE: NVO) (the “Underlying Security” or “NVO”). Because the Fund seeks daily leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -52.12% | -84.58% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Defiance ETFs
Defiance ETFs ID Card
Number of funds
67
Total AuM
€6.57B
Expense ratio range
0.3% - 1.43%
Average expense ratio
1.1896%
Top 5 funds by Defiance ETFs
| AuM | ||
|---|---|---|
QTUM | Defiance Quantum ETF | €3B |
SIXG | Defiance Connective Technologies ETF | €611M |
MSTX | Defiance Daily Target 2X Long MSTR ETF | €273M |
IRE | Defiance Daily Target 2X Long IREN ETF | €245M |
AIPO | Defiance AI & Power Infrastructure ETF | €210M |
Frequently asked questions about NVOX
What does Defiance Daily Target 2X Long NVO ETF, NVOX, invest in?
NVOX is a Passive ETF. This ETF provides leveraged exposure (2x) to Equities.
Which benchmark or index does NVOX replicate?
NVOX tracks the NVO Price - USD, through a unfunded swap replication method.
What is the Total Expense ratio (TER) of NVOX?
NVOX carries a total expense ratio (TER) of 1.3%, indicating the annual cost for holding the fund.
When was NVOX launched?
NVOX was introduced to the market on December 2, 2024. It trades on United States
Who is the ETF issuer of NVOX?
Defiance Daily Target 2X Long NVO ETF, NVOX, is provided by Defiance ETFs. Learn more about Defiance ETFs here.
What is the current assets under management (AUM) of NVOX?
NVOX oversees €40M in assets as of March 13, 2026.
How has NVOX performed lately?
Based on data from March 13, 2026, NVOX returned -44.83% over the past month, -52.12% over the last three months and -52.38% year-to-date.
What are the latest inflows or outflows for NVOX?
As of March 13, 2026, NVOX recorded net flows of +€13M over the last month and -€23M year-to-date.
Does NVOX distribute dividends?
NVOX follows a distributing dividend policy, meaning it pays out income to investors.
What is the base currency of NVOX?
The base currency of NVOX is USD.
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