Defiance Daily Target 2X Short TSM ETF (STSM)
18.13
+1.29
(+7.66%)
USD |
NYSEARCA |
Dec 12, 13:01
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.29% | 0.02% | 981261.0 | -- |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | 1.215M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks daily inverse investment results of -2 times the daily percentage change of the share price of the ADR of Taiwan Semiconductor Manufacturing Company Limited. The Fund will enter one or more swap agreements with major financial institutions for a specified period ranging from one day to more than a one year. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Defiance |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 84.36% |
| Stock | 0.00% |
| Bond | 5.32% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 10.32% |
Basic Info
| Investment Strategy | |
| The Fund seeks daily inverse investment results of -2 times the daily percentage change of the share price of the ADR of Taiwan Semiconductor Manufacturing Company Limited. The Fund will enter one or more swap agreements with major financial institutions for a specified period ranging from one day to more than a one year. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Dedicated Short Bias |
| Peer Group | Dedicated Short Bias Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Dedicated Short Bias Funds |
| Fund Owner Firm Name | Defiance |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |