SMST: Defiance Daily Target 2x Short MSTR ETF
Performance
Watchlist
Select an item
Summary
SMST at a glance
SMST returned -62.78% over the past year. Its worst drop in that year was -92.52%, smaller than 2% of ETFs on Redstone, and its Sharpe ratio of 0.27 beats 45% of ETFs on Redstone. It pays no dividends.
Current Drawdown
-89.03%
Rolling Volatility
151.69%
Metrics
Risk Indicators
Profile
About SMST
The Fund seeks daily inverse investment results, before fees and expenses, of-2 times (-200%) the daily percentage change in the share price of Strategy Inc. (Nasdaq: MSTR) The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. 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.
From its prospectus, filed Aug 28, 2026- Category
- Inverse
- Expense ratio
- 1.38%
- Tracks
- -2× MSTR daily
- Fund size
- $17M
- Inception
- Aug 2024
Comparisons