Defiance Daily Target 2x LONG STX ETF
Data updated: 2026-08-28
C000273671 — Defiance Daily Target 2x LONG STX ETF. 1.31% expense ratio · since 2026 · Leveraged · $29.57M AUM. Holdings, fees, performance and SEC filings.
C000273671 Fund Overview
Defiance Daily Target 2x LONG STX ETF is a US mutual fund managed by Tidal Trust II, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tidal Trust II
- Category: Leveraged
- Assets under management: $29.57M
- SEC CIK: 0001924868
- SEC series ID: S000103139
- Share class ID: C000273671
C000273671 Investment Objective and Strategy
Defiance Daily Target 2x LONG STX ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust II.
Investment objective
The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Seagate Technology Holdings PLC (Nasdaq: STX). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.
Principal investment strategy
The Fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund aims to achieve this daily percentage change for a single day, and not for any other period. A “single day” means the period “from the close of regular trading on one trading day to the close on the next trading day.” If the Fund encounters limitations in implementing its strategies, whether due to market conditions, derivative availability, counterparty issues, or other factors, the Fund may not achieve investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Underlying Security, and may return substantially less during such periods.
During such periods, the Fund’s actual leverage levels may differ substantially from its intended target, both intraday and at the close of trading, potentially resulting in significantly lower returns. The Fund may enter into one or more swap agreements with financial institutions for a specified period, which may range from one day to longer than a year. Through each swap agreement, the Fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Underlying Security’s share price. The gross return (meaning the return before deducting any fees or expenses) to be exchanged or “swapped” between the parties is calculated with respect to a “notional amount,” (meaning the face amount of the instrument) e.g., the return on or change in value of a particular dollar amount representing the Underlying Security.
The Fund may also utilize listed options to seek to achieve leveraged 2X exposure to the Underlying Security. The Fund will primarily employ short-dated (a month or less) in-the-money call options (options with strike prices below the current market pr
C000273671 Holdings
Top 2 holdings of Defiance Daily Target 2x LONG STX ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 13.57% |
| First American Government Obli | 13.05% |
C000273671 Portfolio Allocation
Asset-class allocation of Defiance Daily Target 2x LONG STX ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Derivatives | 34.9% |
| Fixed Income | 13.6% |
| Cash & Equivalents | 13.1% |
C000273671 Performance
Total returns for C000273671 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 142.39% |
C000273671 Costs and Fees
C000273671 costs about $131 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.31%
- Gross expense ratio: 1.31%
C000273671 Cashflows
Over the 12 months to 2026-06, Defiance Daily Target 2x LONG STX ETF had net inflows of $18.36M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $12.79M |
| 2026-05 | −$3.82M |
| 2026-04 | $9.39M |
C000273671 Debt Constituents
Largest debt holdings of Defiance Daily Target 2x LONG STX ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 13.57% |
C000273671 Prospectus and SEC Filings
Official Defiance Daily Target 2x LONG STX ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.