# Defiance Daily Target 2X Short SMCI ETF (SMCZ) — Overview

SMCZ · NASDAQ · Fund

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

## Price

Last close $5.93 on Oct 15, 2026. 52-week range $3.81 – $121.52.

## Fund profile

SMCZ seeks to provide 200% inverse exposure to the daily share price movement of Super Micro Computer (SMCI), less fees and expenses. The fund uses swaps to provide exposure.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Mar 31, 2025 |
| Assets under management | $15,229.00 |
| Expense ratio | 1.29% |
| Net asset value | $5.73 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Defiance Daily Target 2X Short SMCI ETF (SMCZ)?

SMCZ seeks to provide 200% inverse exposure to the daily share price movement of Super Micro Computer (SMCI), less fees and expenses. The fund uses swaps to provide exposure.

### What is SMCZ's expense ratio?

Defiance Daily Target 2X Short SMCI ETF charges an annual expense ratio of 1.29%. The fund is issued by Tidal Investments LLC.

### How large is SMCZ?

Defiance Daily Target 2X Short SMCI ETF manages $15,229.00 in assets and has traded since Mar 31, 2025.

### How do I buy shares of Defiance Daily Target 2X Short SMCI ETF (SMCZ)?

SMCZ 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.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

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).