Defiance Daily Target 2X Short SMCI ETF (SMCZ)

Assets	$2.58M
Expense Ratio	1.29%
PE Ratio	n/a
Shares Out	276,235
Dividend (ttm)	$1.18
Dividend Yield	4.36%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	n/a
Payout Ratio	n/a

Volume	114,481
Open	25.80
Previous Close	27.43
Day's Range	25.80 - 27.44
52-Week Low	20.28
52-Week High	180.40
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
Cash Offset	n/a	224.77%
US DOLLARS	n/a	100.26%
First American Government Obligations Fund	FGXXX	9.63%
United States Treasury Bills 0%	B.0 04.23.26	6.15%
OTHER ASSETS AND LIABILITIES	n/a	-9.26%
SUPER MICRO COMPUTER INC SWAP CS-S	n/a	-31.14%
SUPER MICRO COMPUTER INC NOMURA-S	n/a	-34.67%
SUPER MICRO COMPUTER INC SWAP MAREX	n/a	-35.35%
SUPER MICRO COMPUTER INC SWAP CANTOR-S	n/a	-44.99%
SUPER MICRO COMPUTER SWAP JNST-S	n/a	-85.40%

Dividend History

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

Performance

SMCZ had a total return of -81.73% in the past year, including dividends. Since the fund's inception, the average annual return has been -81.12%.