CVNX Performance — Defiance Daily Target 2X Long CVNA ETF
Data updated: 2026-09-02
CVNX returned −27.50% year to date and −5.42% over one year to Apr 2026. Over one year the fund trailed its Trading - Leveraged category average: $100 grew to $95, against $132 for the category. Volatility over the past 12 months was 99.31% a year. In the 12 months to Apr 2026 the fund took in a net $3.6M, and assets reached $4.07M.
CVNX Growth of $100
What $100 invested in Defiance Daily Target 2X Long CVNA ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | CVNX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $95 | $132 |
CVNX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −27.50% |
| 1 year | −5.42% |
CVNX Annual Returns
Calendar-year total returns of Defiance Daily Target 2X Long CVNA ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Apr) | −27.50% |
| 2025 (May–Dec) | +30.46% |
CVNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −15.2% | −33.8% | −15.7% | +53.2% | — | — | — | — | — | — | — | — |
| 2025 | — | — | — | — | +4.1% | +2.5% | +28.6% | −11.6% | +0.4% | −38.4% | +41.8% | +22.7% |
CVNX Risk
Risk measures from monthly returns over May 2025 – Apr 2026.
- 1-year volatility (annualised): 99.31%
- Best month: +53.19% (Apr 2026)
- Worst month: −38.43% (Oct 2025)
CVNX Fund Flows
Monthly money in and out of Defiance Daily Target 2X Long CVNA ETF, from SEC Form N-PORT.
- 12-month net flow: $3.6M
- 12-month gross sales (incl. reinvestments): $20.1M
- Sales ÷ redemptions: 1.22×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2026 | $0 | $1.9M | −$1.9M |
| Mar 2026 | $1.4M | $470K | $945K |
| Feb 2026 | $3.1M | $2.2M | $884K |
| Jan 2026 | $699K | $850K | −$151K |
| Dec 2025 | $1.1M | $1.8M | −$676K |
| Nov 2025 | $637K | $1.8M | −$1.1M |
| Oct 2025 | $9.9M | $5.9M | $4.0M |
| Sep 2025 | $264K | $240K | $24K |
| Aug 2025 | $923K | $703K | $220K |
| Jul 2025 | $0 | $557K | −$557K |
| Jun 2025 | $974K | $0 | $974K |
| May 2025 | $1000K | $0 | $1000K |
CVNX Assets Under Management
Net assets of Defiance Daily Target 2X Long CVNA ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-04-30 | $4.07M |
| 2026-01-31 | $4.09M |
| 2025-10-31 | $4.27M |
| 2025-07-31 | $2.06M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.