Defiance Daily Target 2X Short SMCI ETF (SMCZ)

Assets	$13.18M
Expense Ratio	1.29%
PE Ratio	n/a
Shares Out	2.30M
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	1,944,984
Open	6.35
Previous Close	5.85
Day's Range	6.28 - 7.31
52-Week Low	4.88
52-Week High	66.70
Beta	n/a
Holdings	10
Inception Date	Mar 31, 2025

About SMCZ

Fund Home Page

The Defiance Daily Target 2X Short SMCI ETF (SMCZ) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 200% inverse exposure to the daily share price movement of Super Micro Computer (SMCI), less fees and expenses. The fund uses swaps to provide exposure. SMCZ was launched on Mar 31, 2025 and is issued by Defiance.

• Asset Class: Equity
• Category: Trading--Inverse Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: SMCZ
• ETF Provider: Defiance

Top Holdings

Name	Symbol	Weight
US DOLLARS	n/a	37.80%
OTHER ASSETS AND LIABILITIES	n/a	30.45%
First American Government Obligations Fund Class X	FGXXX	17.01%
United States Treasury Bills 0%	B.0 05.21.26	14.71%
Cash Offset	n/a	5.98%
SUPER MICRO COMPUTER INC NOMURA-S	n/a	-0.88%
SUPER MICRO COMPUTER INC SWAP MAREX	n/a	-1.10%
SUPER MICRO COMPUTER INC SWAP CANTOR-S	n/a	-1.29%
SUPER MICRO COMPUTER SWAP JNST-S	n/a	-1.31%
SUPER MICRO COMPUTER INC SWAP CS-S	n/a	-1.36%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.18115	Dec 31, 2025

Performance

SMCZ had a total return of -87.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -92.75%.