SMST ETF

SMST ETF
$22.96
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Fund Essentials - as of Aug 6, 2026

Net Assets
$28M
Expense Ratio
1.31%
Dividend Yield (Current)
-
Holdings
8
Inception Date
Aug 20, 2024
Fund Family
Defiance ETFs, LLC
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
SEC 30-Day Yield
PRO

Performance

YTD-35.45%
1 Year+169.70%

Asset Allocation

Bonds: 8.29%
Cash: 291.79%
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Top Holdings

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TickerNameWeight
-Mashsg 5.050 12/01/50287.33%
-United States Treasury 0.0 08/27/2026 0 2026-08-278.29%
FGXXXFirst American Government Obligations Fund4.28%
-Strategy Inc Swap Bmo-S-22.51%
-5 Year Us Treasury Note Future Mar26-42.47%
Top 10 Concentration: 99.94%Report Date: Aug 6, 2026
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Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

SMST ETF Overview

SMST ETF (Defiance Daily Target 2X Short MSTR ETF) is managed by Defiance ETFs, LLC with $27.9M in net assets. SMST expense ratio is 1.31%, holding 8 positions across sectors including Financials, Information Technology. Inception date: 2024-08-20.

SMST performance shows a YTD return of -35.45%. The 1-year return is 169.70%.

SMST top holdings include Mashsg 5.050 12/01/50 (287.3%), United States Treasury 0.0 08/27/2026 0 2026-08-27 (8.3%), First American Government Obligations Fund (4.3%), Strategy Inc Swap Bmo-S (-22.5%), 5 Year Us Treasury Note Future Mar26 (-42.5%). Go to all SMST holdings, SMST sectors, or SMST dividends.

SMST can be compared against other funds. Use SMST overlap to find shared positions, or SMST vs another fund for a side-by-side view. SMST alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-24.38%
YTD
-35.45%
1 Year
+169.70%
3 Year
N/A

Top 10 Holdings (net long exposure of 100% (≈5x))

#TickerNameSectorWeight
1-Mashsg 5.050 12/01/50Other287.33%
2-United States Treasury 0.0 08/27/2026 0 2026-08-27Other8.29%
3FGXXXFirst American Government Obligations FundFinancials4.28%
4-Strategy Inc Swap Bmo-SOther-22.51%
5-5 Year Us Treasury Note Future Mar26Other-42.47%
6-Strategy Inc Swap Marex-SOther-42.79%
7MSTRMicrostrategy IncInformation Technology-43.82%
8-Strategy Inc Swap Jnst-SOther-48.37%