AVAZ

2x Avalanche ETF

Fund Description

The 2x Avalanche ETF (Ticker: AVAZ) is a leveraged AVAX-linked ETF that seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of AVAX for a single day, not for any other period (the "Daily Target").

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While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller gains/losses in AVAX performance and higher AVAX price volatility contribute to returns worse than the Daily Target. Larger gains/losses in AVAX performance and lower AVAX price volatility contribute to returns better than the Daily Target. 

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their investment in AVAZ in light of their goals and risk tolerance. 

The Fund does not invest in spot AVAX, but rather in derivative financial instruments or other pooled investment vehicles that reference AVAX.

AVAZ invests in derivative instruments along with investments that collateralize those derivative instruments. It does not directly invest in AVAX. There is no guarantee that the fund will meet its investment objective. 

 

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Fund Documents

Fund Data & Pricing
Net Assets ---
NAV ---
Shares Outstanding ---
Premium/discount Percentage ---
Closing Price ---
Median 30 Day Spread ---

Data as of xx/xx/xxxx

Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Fund Details
Fund Inception 05/15/2026
Ticker AVAZ
Primary Exchange CBOE
CUSIP 92865J679
Management Fees 1.85%
Total Expense Ratio 1.85%
Performance Quarter End returns as of 03/31/2026
  Avg. Annualized  
  Quarter 1 Year 3 Year Since Inception
Fund NAV – – – –
Market Price – – – –

Expense ratio: 1.85%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 866.261.0273.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.  

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
Ex- Date Record Date Payable Date Amount
XXXX XXXX XXXX XXXX
Top Holdings
% Of Net Assets Name Ticker CUSIP Shares/Contracts Market Value/Notional
199.96% AVAX Futures May26 QVEK6 Curncy QVEK6 CURNCY 39 1,965,600.00
99.97% Cash & Other Cash&Other CASH_USD 982,727 982,726.76

Data as of 05/15/2026. Cash & Other includes cash, other accrued assets & liabilities, & shares of money market funds that invest in U.S. government securities. Holdings are subject to change.

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