Defiance Daily Target 2X Short SMCI ETF SMCZ
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.29%
- Net assets
- $5.5M
- Holdings
- 7
- 12-month distribution yield
- 34.28%
- Asset class
- Derivatives-based
Defiance Daily Target 2X Short SMCI ETF (SMCZ) is an exchange-traded fund listed on the Nasdaq in the United States, issued by Defiance. Its category is Derivatives-based. Its last price was US$6.89 on 20 Oct 2026. Its expense ratio is 1.29% a year, from its prospectus dated 29 Aug 2025. It reported net assets of US$5.48 million as of 31 Jul 2026. Its latest holdings report lists 7 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$2.36 a unit, a 12-month distribution yield of 34.28%.
Fees
- Total annual operating expenses (gross)
- 1.29%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 1.29%
- Prospectus date
- 29 Aug 2025
- Filed with the SEC
- 26 Aug 2025
Size and reporting
- Net assets
- $5,480,448
- Total assets
- $12,114,833
- Holdings as of
- 31 Jul 2026
- Report made public
- 28 Sep 2026 (59 days after the month end)
Top holdings
Largest 7 of 7 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 3.84% | $210K | Short-term investment vehicles (cash funds) | United States | USD |
| 2 | SUPER MICRO COMPUTER INC SWAP CS-S | No identifier reported | 0.43% | $24K | Equity derivatives | United States | USD |
| 3 | SUPER MICRO COMPUTER INC SWAP CANTOR-S | No identifier reported | 0.35% | $19K | Equity derivatives | United States | USD |
| 4 | SUPER MICRO COMPUTER SWAP JNST-S | No identifier reported | 0.18% | $10K | Equity derivatives | United States | USD |
| 5 | SUPER MICRO COMPUTER INC NOMURA-S | No identifier reported | 0.18% | $10K | Equity derivatives | United States | USD |
| 6 | SUPER MICRO COMPUTER INC SWAP MAREX | No identifier reported | 0.08% | $5K | Equity derivatives | United States | USD |
| 7 | TREASURY BILL United States Treasury Bill | US912797TY36 | 0.05% | $3K | Debt | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Warning: Uses derivatives
Asset type
| Type | Weight | Bar |
|---|---|---|
| Short-term investment vehicles (cash funds) | 3.84% | |
| Equity derivatives | 1.23% | |
| Debt | 0.05% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 5.13% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 5.13% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $2.3620
- 12-month yield
- 34.28%
- Frequency
- Irregular
- Latest ex-date
- 30 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($2.3620) ÷ latest price ($6.89) × 100 = 34.28%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (1 payments)
| Ex-date | Amount per unit |
|---|---|
| 30 Dec 2025 | $2.3620 |
Filings and sources
- Form N-PORT report for July 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000091503) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- SMCZ and TQQQ ProShares UltraPro QQQ
- SMCZ and SOXL Direxion Daily Semiconductor Bull 3X ETF
- SMCZ and BBJP JPMorgan BetaBuilders Japan ETF
- SMCZ and QLD ProShares Ultra QQQ