SMCX Performance — Defiance Daily Target 2X Long SMCI ETF
Data updated: 2026-09-28
SMCX returned −66.85% year to date and −94.17% over one year to Jul 2026. Over one year the fund trailed its Trading - Leveraged category average: $100 grew to $6, against $105 for the category. Volatility over the past 12 months was 215.53% a year. In the 12 months to Jul 2026 the fund took in a net $247.3M, and assets reached $153.37M.
SMCX Growth of $100
What $100 invested in Defiance Daily Target 2X Long SMCI ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | SMCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $6 | $105 |
| Since data start (Aug 2024 – Jul 2026) | $1 | $123 |
SMCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −66.85% |
| 1 year | −94.17% |
| 3 years (annualised) | −90.07% |
SMCX Annual Returns
Calendar-year total returns of Defiance Daily Target 2X Long SMCI ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −66.85% |
| 2025 | −69.70% |
| 2024 (Aug–Dec) | −90.18% |
SMCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −5.7% | +14.6% | −65.3% | +34.8% | +153.9% | −69.5% | −15.2% | — | — | — | — | — |
| 2025 | −18.9% | +70.0% | −40.3% | −24.2% | +44.3% | +39.6% | +36.9% | −55.2% | +28.4% | +8.6% | −60.8% | −28.1% |
| 2024 | — | — | — | — | — | — | — | −54.5% | −14.8% | −65.1% | −6.7% | −22.4% |
SMCX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 215.53%
- Best month: +153.90% (May 2026)
- Worst month: −69.52% (Jun 2026)
SMCX Fund Flows
Monthly money in and out of Defiance Daily Target 2X Long SMCI ETF, from SEC Form N-PORT.
- 12-month net flow: $247.3M
- 12-month gross sales (incl. reinvestments): $1.3B
- Sales ÷ redemptions: 1.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $75.6M | $57.1M | $18.6M |
| Jun 2026 | $125.5M | $59.8M | $65.7M |
| May 2026 | $72.9M | $86.6M | −$13.7M |
| Apr 2026 | $113.0M | $115.4M | −$2.4M |
| Mar 2026 | $64.3M | $46.2M | $18.1M |
| Feb 2026 | $24.0M | $45.1M | −$21.1M |
| Jan 2026 | $31.6M | $25.9M | $5.7M |
| Dec 2025 | $48.5M | $8.5M | $40.0M |
| Nov 2025 | $154.8M | $20.8M | $134.0M |
| Oct 2025 | $348.4M | $459.7M | −$111.2M |
| Sep 2025 | $80.6M | $76.7M | $3.8M |
| Aug 2025 | $147.0M | $37.2M | $109.8M |
SMCX Assets Under Management
Net assets of Defiance Daily Target 2X Long SMCI ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $153.37M |
| 2026-04-30 | $106.07M |
| 2026-01-31 | $166.50M |
| 2025-10-31 | $241.62M |
| 2025-07-31 | $337.63M |
| 2025-04-30 | $189.20M |
| 2025-01-31 | $133.52M |
| 2024-10-31 | $42.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.