Defiance Daily Target 2X Long CVNA ETF

10-Year Study

CVNX.US · · US · ETF

Executive Summary: Defiance Daily Target 2X Long CVNA ETF has compounded at -21.2% annually over the last 10 years, with a maximum drawdown of 58.8% and an annualized volatility of 356.5%.

1Y CAGR
-21.2%
3Y CAGR
-21.2%
5Y CAGR
-21.2%
10Y CAGR
-21.2%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
58.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.20
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.54
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
100.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · +-35.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -35.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
0%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-15.8-33.2-21.845.9————————-35.8%
2025—————3.429.3-13.11.2-37.938.423.925.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 356.5%. The dominant macroeconomic risk driver is LQD.US, accounting for 41.7% of variance. Idiosyncratic stock-specific factors contribute 0.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2025-05-0110000
2025-06-0110335.569911365896
2025-07-0113360.498573237432
2025-08-0111611.217623535109
2025-09-0111748.32178927218
2025-10-017301.054216977634
2025-11-0110107.382079042865
2025-12-0112526.365482367175
2026-01-0110541.22707432844
2026-02-017046.500273209854
2026-03-015508.14940738698
2026-04-018035.905805142489
Annual Return Matrix
YearAnnual Return
2026-0.3584806529512262
Total Factor Risk
3.5648503740934903
VTI.US Exposure
0.05425518615298238
VEA.US Exposure
0.20125982432632067
VWO.US Exposure
-0.016007851606999333
QQQ.US Exposure
-0.029975784921379228
VTV.US Exposure
0.04326096169253701
IJR.US Exposure
0.07633428948661104
QUAL.US Exposure
-0.014801996627051436
SHV.US Exposure
0.015531857628379154
TLT.US Exposure
-0.02996906756413256
LQD.US Exposure
0.4166892056372484
HYG.US Exposure
0.2822525256167414
GLD.US Exposure
-0.007713925572304589
USO.US Exposure
0.014806126326034693
VNQ.US Exposure
-0.025540990199756367
BTC-USD.CC Exposure
0.025005535024102122
CPER.US Exposure
0.018333782009496678
VIX.INDX Exposure
-0.019228930453372654
UUP.US Exposure
0.006247846556367949
TIP.US Exposure
-0.010738594298721395
Idiosyncratic Exposure
7.868960907431179e-10
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
356.5%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-1.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-21.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Defiance Daily Target 2X Long CVNA ETF a high-risk investment?

Defiance Daily Target 2X Long CVNA ETF (CVNX.US) has an annualized volatility of 356.5% and experienced a maximum drawdown of 58.8% over the last 10 years. Its primary macro risk driver is LQD.US.

What is the 10-year return of CVNX.US?

Over the past 10 years, CVNX.US has generated a Compound Annual Growth Rate (CAGR) of -21.2%. It has had a positive return in 0% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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