Skip to content

BMNZDefiance Daily Target 2X Short BMNR ETF

Take a betNewRanked #446 of 995 in this goal

Seeks daily inverse investment results of -2 times the daily percentage change in the share price of BitMine Immersion Technologies, Inc.

By Defiance ETFs LLC · Launched 2025

Annual Cost

1.40%

#5,812 of 6,040 · expensive

Fund Size

$19M

#4,589 of 6,040 · small

Return (1Y)

N/A

Track Record

10 months

#4,848 of 6,040 · young

Performance

Total-return NAV · USD
Growth of $10,000
$2,093-79.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Inverse

Holdings

By weight

Concentration

single-stock exposure — holdings shown are derivatives collateral, not the fund's position

First American Government Obli
5.0%
TREASURY BILL
0.9%
N/A
0.5%
N/A
0.4%
N/A
0.3%
N/A
0.3%
N/A
-0.7%

Asset allocation

Cash
312.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-88.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily inverse investment results of -2 times the daily percentage change in the share price of BitMine Immersion Technologies, Inc.
Strategy
Actively managed ETF aiming for -200% of the daily performance of the Underlying Security using derivatives like swaps and options. Focuses on achieving this result for a single trading day only.
Inception date
November 12, 2025
Fund family
Defiance ETFs LLC

Next steps

Save BMNZ to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-18