ETF profile for Defiance Daily Target 2X Short Mu ETF (MUZ) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
MUZ ETF Profile
| Family: |
Defiance ETFs |
| Name: |
Defiance Daily Target 2X Short MU ETF |
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| Inception Date: |
8-Jun-2026 |
| Termination Date: |
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| Investment Objective: |
The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Micron Technology, Inc. (Nasdaq: MU). The Fund is an actively managed exchange traded fund that attempts to achieve 2 times the inverse (-200%) of the daily percentage change in the price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund may enter into swap agreements as a substitute for directly shorting 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. Micron Technology, Inc. designs and manufactures memory and storage technologies: DRAM, NAND, NOR for PCs, servers, mobile, and embedded systems. |
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| Prospectus |
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| Top 10 Holdings |
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| Cash & Other |
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274.0195% |
| MICRON TECHNOLOGY, INC.-SWAP-NMRA-S |
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-81.3891% |
| MICRON TECHNOLOGY, INC.-SWAP-CLST-S |
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-49.9186% |
| MICRON TECHNOLOGY, INC.-SWAP-CANT-S |
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-43.9501% |
| United States Treasury Bill 11/19/2026 |
B 0 11/19/26 |
27.2829% |
| MICRON TECHNOLOGY, INC.-SWAP-MREX-S |
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-26.0445% |
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Top 10 Holdings Weight: |
100.0% |
| Number of Holdings: |
6 |
| Shares Outstanding: |
1,250,000 |
| Total Net Assets: |
10,775,000 |
| NAV: |
8.64 |
| Net Expense Ratio: |
1.31% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Technology |
| Industry: |
Semiconductor |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
Inverse (-2x) |
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
