Defiance Daily Target 2X Short SMCI ETF (SMCZ)

Assets	$15.16M
Expense Ratio	1.29%
PE Ratio	n/a
Shares Out	n/a
Dividend (ttm)	$1.18
Dividend Yield	7.56%
Ex-Dividend Date	Dec 30, 2025
Payout Frequency	n/a
Payout Ratio	n/a

Volume	423,969
Open	15.11
Previous Close	14.00
Day's Range	15.07 - 15.99
52-Week Low	11.86
52-Week High	71.84
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	201.88%
US DOLLARS	n/a	72.66%
United States Treasury Bills 0%	B.0 05.21.26	40.69%
First American Government Obligations Fund	FGXXX	6.29%
OTHER ASSETS AND LIABILITIES	n/a	-23.34%
SUPER MICRO COMPUTER INC SWAP MAREX	n/a	-26.08%
SUPER MICRO COMPUTER INC SWAP CS-S	n/a	-29.42%
SUPER MICRO COMPUTER INC SWAP CANTOR-S	n/a	-37.12%
SUPER MICRO COMPUTER SWAP JNST-S	n/a	-50.78%
SUPER MICRO COMPUTER INC NOMURA-S	n/a	-54.80%

Dividend History

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

Performance

SMCZ had a total return of -71.51% in the past year, including dividends. Since the fund's inception, the average annual return has been -87.07%.