Defiance Daily Target 2X Short TSM ETF (STSM)
| Assets | $919.90K |
| Expense Ratio | 1.30% |
| PE Ratio | n/a |
| Forward PE | n/a |
| Shares Out | 28,320 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 9,749 |
| Open | 33.67 |
| Previous Close | 33.69 |
| Day's Range | 33.67 - 35.67 |
| 52-Week Low | 25.79 |
| 52-Week High | 132.17 |
| Beta | n/a |
| Holdings | 8 |
| Inception Date | Nov 18, 2025 |
About STSM
Fund Home PageThe Defiance Daily Target 2X Short TSM ETF (STSM) is an exchange-traded fund that mostly invests in technology stocks. 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.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 205.12% |
| US DOLLARS | n/a | 101.21% |
| First American Government Obligs X | FGXXX | 2.66% |
| OTHER ASSETS AND LIABILITIES | n/a | -21.86% |
| TAIWAN SEMICONDUCTOR CORP SWAP NM | n/a | -28.32% |
| TAIWAN SEMICONDUCTOR SWAP MAREX | n/a | -38.57% |
| TAIWAN SEMICONDUCTOR SWAP CS | n/a | -47.80% |
| TAIWAN SEMICONDUCTOR SWAP CANTOR-S | n/a | -72.43% |
Performance
News
Defiance ETFs Announces Closure of ASTN, STSM, and RKLZ Funds
NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs today announced their decision to close and liquidate three exchange-traded funds: the Defiance Daily Target 2X Shor...
CORRECTION – Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select Leveraged ETFs
NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline on July 17, 2026, by Tidal Financial Group, please note that the effective dates for all reported funds have bee...
Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select Leveraged ETFs
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”). These reverse split...
UPDATE -- Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select ETFs
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits ar...
Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select ETFs
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits are...
Defiance Launches STSM: The First 2X Short ETF for Taiwan Semiconductor Manufacturing Company Limited
MIAMI, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to announce the launch of the Defiance Daily Target 2X Short TSM ETF (Ticker: STSM) , the newest addition to its growing suite of single...