Defiance Daily Target 1.5x Short MSTR ETF (SMST)
- Expense ratio126.69%
- Net assets$11.1M
- Dividend yield0.00%
- 1-year return-63.56%
- Holdings1
SMST ETF price chart
SMST quote & trading statistics
SMST performance
Annual returns & drawdowns →- YTD-81.94%
- 1 year-63.56%
- 1Y volatility
- 224.42%
- 3Y volatility
- 0.00%
- 3Y Sharpe ratio
- 0.00
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
SMST holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | FGXXX | First American Funds Inc. - Government Obligations Fund | 0.65% |
This holding makes up 0.7% of the fund. As of October 23, 2026.
About Defiance Daily Target 1.5x Short MSTR ETF
The fund is an actively managed exchange traded fund that attempts to achieve 2 times the inverse (-200%) of the daily percentage change in the price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
SMST ETF FAQ
What is the SMST expense ratio?
Defiance Daily Target 1.5x Short MSTR ETF has a net expense ratio of 126.69%, or $12669.00 a year for every $10,000 invested.
How much money is in SMST?
Defiance Daily Target 1.5x Short MSTR ETF has about $11.1M in net assets.
What are the top holdings of SMST?
The largest positions in SMST are First American Funds Inc. - Government Obligations Fund (0.65%). The fund holds 1 securities in total.
How has SMST performed?
SMST returned -63.56% over the past year, including reinvested distributions.
Does SMST pay dividends?
SMST has a dividend yield of 0.00%.
When was SMST launched?
Defiance Daily Target 1.5x Short MSTR ETF began trading on August 20, 2024.