STSM — Defiance Daily Target 2X Short TSM ETF
Data updated: 2026-09-02
STSM — Defiance Daily Target 2X Short TSM ETF. Leveraged · $1.15M AUM · 1.30% expense ratio. Holdings, fees, performance and SEC filings.
STSM Fund Overview
STSM — Defiance Daily Target 2X Short TSM ETF is a US ETF 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 ETF
- Manager: Tidal Trust II
- Category: Leveraged
- Assets under management: $1.15M
- Ticker: STSM
- SEC CIK: 0001924868
- SEC series ID: S000096887
- Share class ID: C000265879
STSM Holdings
Top 2 holdings of Defiance Daily Target 2X Short TSM ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 25.06% |
| First American Government Obli | 0.33% |
STSM Portfolio Allocation
Asset-class allocation of Defiance Daily Target 2X Short TSM ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 25.1% |
| Cash & Equivalents | 0.3% |
STSM Performance
Total returns for STSM (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -50.6% |
STSM Costs and Fees
STSM costs about $130 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.30%
- Gross expense ratio: 1.30%
- Portfolio turnover: 0%
- Brokerage commissions: 53.75 bps of average net assets (SEC N-CEN)
STSM Cashflows
Over the 12 months to 2026-04, Defiance Daily Target 2X Short TSM ETF had net inflows of $2.41M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$299.36K |
| 2026-03 | $424.26K |
| 2026-02 | $463.59K |
| 2026-01 | $460.07K |
| 2025-12 | $170.49K |
| 2025-11 | $1.19M |
STSM Debt Constituents
Largest debt holdings of Defiance Daily Target 2X Short TSM ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 25.06% |
STSM Prospectus and SEC Filings
Official Defiance Daily Target 2X Short TSM ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Leveraged funds tracked on ABC INVEST:
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.