Performance analysis of CVNX (DEFIANCE DAILY TARGET 2X LONG CVNA ETF)
Annual Return
Since May 29, 2025, CVNX has had an average annual return of -40.41%, underperforming the benchmark SPY, which returned +28.83% annual.
| 2026 | 2025 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -54.84% | +31.03% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -15.85% | -33.16% | -15.81% | +53.17% | -17.67% | -24.38% | -54.84% | ||||||
| 2025 | +4.60% | +3.36% | +29.27% | -13.09% | +1.19% | -37.85% | +38.43% | +23.94% | +31.03% |
Drawdown analysis of CVNX (DEFIANCE DAILY TARGET 2X LONG CVNA ETF)
The maximum drawdown for the CVNX was -69.62%, occurring on Mar 20, 2026. This drawdown has not yet recovered.
The current CVNX drawdown is -64.19%.
Since May 29, 2025 CVNX has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 3 times
- 20% or more: 4 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.62% | Jan 22, 2026 | 40 | Mar 20, 2026 | Ongoing | Ongoing | Ongoing |
| -52.48% | Jul 31, 2025 | 69 | Nov 6, 2025 | 21 | Dec 8, 2025 | 90 |
| -30.92% | Jun 4, 2025 | 8 | Jun 16, 2025 | 13 | Jul 7, 2025 | 21 |
| -29.30% | Dec 11, 2025 | 14 | Jan 2, 2026 | 13 | Jan 22, 2026 | 27 |
| -17.67% | Jul 7, 2025 | 13 | Jul 24, 2025 | 5 | Jul 31, 2025 | 18 |