AMA Defiance Daily Target 2X Long AMAT ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 24.92 | Day Range | 24.53 – 25.88 |
| 52-Week Range | 16.64 – 62.00 | Volume | 82.24K |
| Avg Volume | 300.04K | AUM | $31.0M (Oct 10, 2026) |
| Expense Ratio | 1.31% | Yield (TTM) | — |
| NAV | 24.98 | Premium/Discount | -1.28% indicative |
| Inception | Apr 30, 2026 | Holdings | 8 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Global | Index Tracked | Not stated in source data |
| CUSIP | 88636R537 | ISIN | US88636R5375 |
| Structure | Leveraged 2x | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
This actively managed exchange-traded fund (ETF) is designed to provide a daily return that is two times (200%) the percentage movement of its underlying asset. It achieves this leveraged exposure by utilizing various derivative instruments, including swap agreements and/or exchange-traded options contracts. This investment vehicle is also characterized as non-diversified.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +13.38% | -38.18% | — | — | — | — | — | — | +4.85% |
| Total return | +13.38% | -38.18% | — | — | — | — | — | — | +4.85% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.31% | Annual cost of a $10,000 investment | $131.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 8 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | United States Treasury Bill 11/19/2026 | — | 54.12% | 16.10M | $16.0M |
| 2 | APPLIED MATERIALS, INC.-SWAP-NBCB-L | — | 46.17% | 26.98K | $13.7M |
| 3 | APPLIED MATERIALS, INC.-SWAP-NMRA-L | — | 42.47% | 24.82K | $12.6M |
| 4 | APPLIED MATERIALS, INC.-SWAP-MREX-L | — | 40.04% | 23.40K | $11.9M |
| 5 | APPLIED MATERIALS, INC.-SWAP-CANT-L | — | 36.18% | 21.14K | $10.7M |
| 6 | APPLIED MATERIALS, INC.-SWAP-CLST-L | — | 35.10% | 20.51K | $10.4M |
| 7 | First American Government Obligations Fund… | — | 1.40% | 415.53K | $415.5K |
| 8 | Cash & Other | — | -155.49% | -46.07M | -$46.1M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 143.72% / 143.72% | Sharpe 1Y / 3Y | 2.31 / 2.31 |
| Max drawdown 1Y / 3Y | -71.62% / -71.62% | Sortino 1Y | 3.64 |
| Beta vs S&P 500 (3Y) | 7.18 | Correlation vs S&P 500 (1Y) | 0.513 |
| Downside deviation 1Y | 91.36% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 82.24K | Average volume | 300.04K |
| AUM | $31.0M | Premium/Discount | -1.28% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$2.4M | -7.29% | $33.4M → $31.0M |
| 1 Month | -$6.3M | -20.39% | $30.9M → $31.0M |
| 1 Week | -$5.4M | -12.92% | $41.4M → $31.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for AMA
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.