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 is non-diversified.
Frequently asked questions
What is the Defiance Daily Target 1.5x Short MSTR ETF (SMST) expense ratio?
The Defiance Daily Target 1.5x Short MSTR ETF funds expense ratio is 131%.
What is Defiance Daily Target 1.5x Short MSTR ETF (SMST) current stock price?
As of the latest data, Defiance Daily Target 1.5x Short MSTR ETF stock price is $14.26, with a previous close of $13.12. Defiance Daily Target 1.5x Short MSTR ETF gained $1.14 in the last trading session, representing a 8.69% increase.
Does Defiance Daily Target 1.5x Short MSTR ETF (SMST) pay dividends?
No. Defiance Daily Target 1.5x Short MSTR ETF does not pay a dividend.