Symbols

CVNX

Defiance Daily Target 2X Long CVNA ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

4.32MUSD

Fund Flows (1Y)

2.85MUSD

Dividend Yield

Discount/Premium to NAV

-0.30%

Shares Outstanding

185.00K

Expense Ratio

1.31%

About Defiance Daily Target 2X Long CVNA ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/cvnx/

Inception Date

May 28, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

CVNX does not invest directly in CVNA. Because the Fund seeks daily 200% leveraged investment results, it is very different from most other exchange-traded funds. It is also riskier than alternatives that do not use leverage. There is no guarantee that the Fund will meet its stated objective. The return of the Fund for a period longer than a trading day will be the result of each trading day's compounded return over the period, which will very likely differ from 200% of the return of the Underlying Security for that period.