Defiance ETFs LLCInverse EquitySMCZ · Nasdaq

Defiance Daily Target 2X Short SMCI ETF (SMCZ)

$7.77—12 Nov 2026

Fund

ReturnFundCateg.

1Y-90.4%-29.0%

3Y—-35.8%

5Y—-23.7%

Launch-89.6%—

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Defiance Daily Target 2X Short SMCI ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Five years of daily closes. Risk-free rate 4% a year.

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+60.2%	+26.6%	-72.3%	-93.3%	-90.4%	—	—	—	-89.6%
Inverse Equity average	11.5%	8.2%	-9.1%	-31.0%	-29.0%	-35.8%	-23.7%	-29.3%	-37.1%
Difference	+48.8%	+18.3%	-63.2%	-62.3%	-61.4%	—	—	—	-52.4%

The 1 largest positions make up 8.2% of the fund.

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	8.16%

What the fund is invested in.

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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