SMCC

Defiance Leveraged Long +Income SMCI ETF

The Defiance Leveraged Long + Income ETF seeks to provide investors with leveraged exposure to the performance of the underlying equities while also generating income through strategic options strategies.


Risk Management

DERIVATIVES

Active

MANAGEMENT STYLE

$ 2.0 M

ASSETS UNDER MGMT

151 bp

EXPENSES
Fund Basics
Inception dateAug 19, 2025
RegulationOpen-Ended Fund
Fund Websitelink...
Distributions
CurrencyUSD
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top Holdings
SUPER MICRO COMPUTER INC SWAP CANTOR 59.4 %
SUPER MICRO COMPUTER INC SWAP CS-L 56.7 %
SUPER MICRO COMPUTER INC SWAP MAREX 55.7 %
SMCI US 01/30/26 C22 8.8 %
UNITED STATES TREASURY BILL 08/06/2026 8.4 %
UNITED STATES TREASURY BILL 02/19/2026 3.8 %
UNITED STATES TREASURY BILL 07/09/2026 3.8 %
CASH & OTHER -96.6 %
Historical Performance


Standardized Performance (as of 02/28/2026)
 YTD1 YR2 YR3 YR5 YR10 YR20 YRIncep.
Price Returns 0.8% -- -- -- -- -- -- -68.2%
Dividend Yield 4.8% -- -- -- -- -- -- 13.1%
Total Returns 5.6% -- -- -- -- -- -- -55.1%
Ann. Volatility 102.4% -- -- -- -- -- -- 100.5%
Market Correlations
versus...BetaR-squared
S&P 5000.000%
MSCI EAFE0.000%
MSCI Emg Mkts0.000%
Liquidity Measures
Avg. volume (000)20
ADV traded (mns)$0
Turnover6.2%
Avg. Bid/Ask (% of price)0.23%
Technical Indicators
30d moving avg. (EMA)$6.80
Relative strength (RSI)41
MACD/Signal-0.26/-0.44
Bollinger Bands (Upper/Lower)$6.90/$5.55
Short interest (% of AUM)0.3%
Distributions
Bid/Ask Spreads
23 bp
AVG SPREAD
15 — 32 bp
RANGE
Spreads data based on the average National Best Bid & Offer (NBBO) found in observations at various times each trading day, for up to three months. Tick data supplied by NASDAQ.
Total Cost of Ownership EXPENSES    AVG SPREAD
174 bp
SMCC
127 bp
PEER AVG