SMCZDefiance Daily Target 2X Short SMCI ETF
Seeks daily inverse investment results of -2 times the daily percentage change in the share price of Super Micro Computer, Inc.
By Defiance ETFs LLC · Launched 2025
Annual Cost
1.55%
#5,939 of 6,040 · expensive
Fund Size
$3M
#5,494 of 6,040 · small
Return (1Y)
-93.2%
Track Record
1 year
#4,218 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$680-93.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
TREASURY BILL
23.6%
N/A
6.4%
First American Government Obli
5.2%
N/A
1.8%
N/A
1.2%
N/A
0.9%
N/A
0.8%
Asset allocation
Cash
326.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
183.8%High
Year-on-year price swings
Max drawdown
-98.8%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
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily inverse investment results of -2 times the daily percentage change in the share price of Super Micro Computer, Inc.
- Strategy
- Actively managed ETF aiming for -200% of the daily performance of Super Micro Computer, Inc. using derivatives like swaps and options. Focused on achieving this result for a single trading day only.
- Inception date
- March 31, 2025
- Fund family
- Defiance ETFs LLC
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18