Summary
Defiance Daily Target 2X Long NVO ETF is an ETF - a fund traded on an exchange like a stock - run by Defiance. Positions inside: 10. The ten largest make up 100% of the fund.
- Yearly costs
- 1.31%
- Fund size
- $40.0M
- Positions
- 10
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 100% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Healthcare).
- Costs of 1.31% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 95% from its high.
- A young fund: it has been running only since 2024.
- A small fund with $40.0M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.5%
- 3 months
- -40%
- This year
- -55%
- 1 year
- -61%
What is inside?
Concentrated- 1 United States Treasury Bill 11/19/2026 74%
- 2 NOVO-NORDISK SWAP MS 43%
- 3 NOVO-NORDISK SWAP CLEARSTREET 32%
- 4 NOVO-NORDISK SWAP MAREX 31%
- 5 NOVO-NORDISK A/S-SPONS ADR NOMURA 28%
- 6 NOVO-NORDISK SWAP NBC-L 26%
- 7 NOVO-NORDISK INC SWAP CANTOR 25%
- 8 NOVO-NORDISK SWAP BMO-L 15%
- 9 First American Government Obligations Fund 12/01/2031 1.2%
- 10 Cash & Other 175%
Positions in the fund: 10. The ten largest make up 100% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Healthcare 100%
By country
- United States 73%
- Other countries 27%
Largest sector: Healthcare (100%). Largest country: United States (73%).
What does it cost me?
Expensive- A year from $10,000
- $131
- Over 20 years
- $5,892
From every $10,000 invested the fund takes $131 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $5,892.
How has it done?
Losing value- Over the last year
- -61%
- Deepest drop
- -95%
- Yearly volatility
- 95%
Decline over the last year: 61%. Deepest drop in these years: 95% below the earlier high.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
Yes- Traded a day
- $4.38M
- Shares a day
- 445K
On an average day about $4.38M of the fund changes hands.