SMCZ Performance — Defiance Daily Target 2X Short SMCI ETF
Data updated: 2026-09-28
SMCZ returned −87.54% year to date and −70.52% over one year to Jul 2026. Over one year the fund trailed its Trading - Leveraged category average: $100 grew to $29, against $105 for the category. Volatility over the past 12 months was 182.49% a year. In the 12 months to Jul 2026 the fund lost a net $29.2M, and assets reached $5.48M.
SMCZ Growth of $100
What $100 invested in Defiance Daily Target 2X Short 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 | SMCZ | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $29 | $105 |
| Since data start (Apr 2025 – Jul 2026) | $5 | $124 |
SMCZ Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −87.54% |
| 1 year | −70.52% |
SMCZ Annual Returns
Calendar-year total returns of Defiance Daily Target 2X Short SMCI ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −87.54% |
| 2025 (Apr–Dec) | −62.88% |
SMCZ 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 | −9.3% | −34.7% | +32.1% | −40.3% | −77.0% | +45.1% | −20.1% | — | — | — | — | — |
| 2025 | — | — | — | −14.6% | −49.9% | −41.6% | −37.2% | +75.0% | −27.4% | −26.6% | +103.4% | +24.6% |
SMCZ Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 182.49%
- Best month: +103.42% (Nov 2025)
- Worst month: −76.97% (May 2026)
SMCZ Fund Flows
Monthly money in and out of Defiance Daily Target 2X Short SMCI ETF, from SEC Form N-PORT.
- 12-month net flow: −$29.2M
- 12-month gross sales (incl. reinvestments): $312.4M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $26.4M | $33.6M | −$7.2M |
| Jun 2026 | $51.0M | $48.0M | $3.0M |
| May 2026 | $49.8M | $41.0M | $8.8M |
| Apr 2026 | $20.1M | $25.1M | −$5.0M |
| Mar 2026 | $29.9M | $17.0M | $12.8M |
| Feb 2026 | $19.4M | $18.0M | $1.4M |
| Jan 2026 | $9.5M | $11.9M | −$2.4M |
| Dec 2025 | $21.0M | $24.7M | −$3.7M |
| Nov 2025 | $36.7M | $46.0M | −$9.3M |
| Oct 2025 | $21.9M | $22.0M | −$91K |
| Sep 2025 | $15.2M | $14.7M | $443K |
| Aug 2025 | $11.5M | $39.5M | −$28.0M |
SMCZ Assets Under Management
Net assets of Defiance Daily Target 2X Short SMCI ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $5.48M |
| 2026-04-30 | $4.78M |
| 2026-01-31 | $1.38M |
| 2025-10-31 | $7.59M |
| 2025-07-31 | $27.69M |
| 2025-04-30 | $3.84M |
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.