SMCZ - Daily Target 2X Short SMCI ETF
The Defiance Daily Target 2X Long SMCI ETF, referred to as the "Fund," aims to achieve daily investment outcomes that are double (200%) the daily percentage movement of Super Micro Computer, Inc. 's (NASDAQ: SMCI) stock price. Due to its pursuit of daily leveraged performance, this fund is structured quite differently from the majority of other exchange-traded funds, and there is no guarantee that it will consistently fulfill its stated objective.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $1.6M
- Beta
- -7.58
- 52-Week Range
- 2.52-66.7
- Dividend Yield
- $1.18
- IPO Date
- Mar 31, 2025
- Exchange
- NASDAQ
SMCZ Options Snapshot
Options pricing data for SMCZ is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SMCZ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SMCZ overview questions
- What is SMCZ?
- SMCZ is the ticker symbol for Daily Target 2X Short SMCI ETF, an listed exchange-traded fund. The Defiance Daily Target 2X Long SMCI ETF, referred to as the "Fund," aims to achieve daily investment outcomes that are double (200%) the daily percentage movement of Super Micro Computer, Inc. 's (NASDAQ: SMCI) stock price. Listed on NASDAQ. SMCZ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are SMCZ's key statistics?
- Daily Target 2X Short SMCI ETF (SMCZ) carries a market capitalization of $1.6M, 52-week range of 2.52-66.7. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SMCZ belong to?
- Daily Target 2X Short SMCI ETF operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SMCZ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SMCZ data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SMCZ, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.