# Defiance Daily Target 2X Long AMAT ETF (AMA) — Overview

AMA · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/ama

## Price

Last close $17.56 on Oct 15, 2026. 52-week range $16.92 – $59.63.

## Fund profile

AMA seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Applied Materials, Inc. (Nasdaq: AMAT). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Apr 30, 2026 |
| Assets under management | $21.3M |
| Expense ratio | 1.31% |
| Net asset value | $17.58 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Defiance Daily Target 2X Long AMAT ETF (AMA)?

AMA seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Applied Materials, Inc. (Nasdaq: AMAT). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

### What is AMA's expense ratio?

Defiance Daily Target 2X Long AMAT ETF charges an annual expense ratio of 1.31%. The fund is issued by Tidal Investments LLC.

### How large is AMA?

Defiance Daily Target 2X Long AMAT ETF manages $21.3M in assets and has traded since Apr 30, 2026.

### How do I buy shares of Defiance Daily Target 2X Long AMAT ETF (AMA)?

AMA trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).