Defiance Daily Target 2X Long SMCI ETF (SMCX)

• Market cap: $289M
• 1 day: -0.06%
• 5 days: 2.52%
• 1 month: -8.42%
• 3 months: -13%
• 6 months: -32.31%
• Year to date: -9.47%
• 1 year: -80.59%
• 5 years: -90.82%
• 10 years: -90.82%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

515% more capital invested

Capital invested by funds: $6.12M [Q1] → $37.7M (+$31.5M) [Q2]

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

33% more funds holding

Funds holding: 12 [Q1] → 16 (+4) [Q2]

7.36% more ownership

Funds ownership: 2.95% [Q1] → 10.3% (+7.36%) [Q2]

3% less call options, than puts

Call options by funds: $44.5M | Put options by funds: $45.6M