Defiance ETFs LLCInverse EquitySMCZ · Nasdaq

Defiance Daily Target 2X Short SMCI ETF (SMCZ)

Compare Leveraged & Inverse ETFs Compare with others

Price: $4.20; —25 Sept 2026
Assets: $2.9M; Total net assets
Expense ratio: 1.55%; Category 0.00%
Yield: 37.25%; Trailing distributions

1Y return: -93.8%-60.2%; Category -33.6%
3Y CAGR: —; Category -35.1%
5Y CAGR: —; Category -25.4%

Loading NAV history…

Defiance Daily Target 2X Short SMCI ETF

Calendar-year returns

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

Risk statistics

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

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-33.8%	-75.2%	-95.8%	-96.4%	-93.8%	—	—	—	-94.4%
Inverse Equity average	-6.2%	-18.4%	-38.8%	-34.4%	-33.6%	-35.1%	-25.4%	-29.6%	-41.7%
Difference	-27.6%	-56.7%	-57.0%	-62.0%	-60.2%	—	—	—	-52.6%

Holdings

The 1 largest positions make up 6.6% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
FGXXX	First American Government Obligs X	6.56%

Asset mix

What the fund is invested in.

Cash326.0%

ETF details

Issuer: Defiance ETFs LLC
Category: Equity · Inverse Equity
Ticker: SMCZ
Exchange: Nasdaq
Inception: 31 Mar 2025 (1.5 years)
Structure: Exchange Traded Fund
Expense ratio: 1.55% (category 0.00%)
Holdings turnover: 0%
Distribution yield: 37.25%
Beta, 3 years: 0.00
Total net assets: $2.9M

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other inverse equity ETFs

Other ETFs in the Inverse Equity category.

Compare Leveraged & Inverse ETFs