Defiance Daily Target 2X Short TSM ETF (STSM)

Assets	$1.41M
Expense Ratio	1.31%
PE Ratio	n/a
Shares Out	110,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	40,357
Open	14.23
Previous Close	13.96
Day's Range	13.30 - 14.29
52-Week Low	12.11
52-Week High	22.03
Beta	n/a
Holdings	9
Inception Date	Nov 18, 2025

About STSM

Fund Home Page

The Defiance Daily Target 2X Short TSM ETF (STSM) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x inverse exposure to the daily share price movement of Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), less fees and expenses. STSM was launched on Nov 18, 2025 and is issued by Defiance.

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

Top Holdings

Name	Symbol	Weight
Cash Offset	n/a	186.80%
US DOLLARS	n/a	96.83%
United States Treasury Bills 0%	B.0 02.19.26	8.94%
First American Government Obligations Fund	FGXXX	8.88%
OTHER ASSETS AND LIABILITIES	n/a	-11.07%
TAIWAN SEMICONDUCTOR CORP SWAP NM	n/a	-30.07%
TAIWAN SEMICONDUCTOR SWAP CANTOR-S	n/a	-51.16%
TAIWAN SEMICONDUCTOR SWAP MAREX	n/a	-52.92%
TAIWAN SEMICONDUCTOR SWAP CS	n/a	-56.23%