AMA Defiance Daily Target 2X Long AMAT ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 23.20 | Day Range | 22.51 – 23.21 |
| 52-Week Range | 19.25 – 62.00 | Volume | 94.13K |
| Avg Volume | 318.55K | AUM | $33.3M (Aug 26, 2026) |
| Expense Ratio | 1.29% | Yield (TTM) | — |
| NAV | 23.63 | Premium/Discount | -1.97% 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 Aug 26, 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 | -24.95% | -10.10% | — | — | — | — | — | — | +4.26% |
| Total return | -24.96% | -10.11% | — | — | — | — | — | — | +4.26% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.29% | Annual cost of a $10,000 investment | $129.00 |
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 Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 8 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | APPLIED MATERIALS, INC.-SWAP-NMRA-L | — | 41.97% | 29.37K | $14.5M |
| 2 | APPLIED MATERIALS, INC.-SWAP-MREX-L | — | 40.94% | 28.66K | $14.1M |
| 3 | APPLIED MATERIALS, INC.-SWAP-CLST-L | — | 40.51% | 28.35K | $14.0M |
| 4 | APPLIED MATERIALS, INC.-SWAP-CANT-L | — | 40.08% | 28.05K | $13.8M |
| 5 | APPLIED MATERIALS, INC.-SWAP-NBCB-L | — | 36.53% | 25.57K | $12.6M |
| 6 | United States Treasury Bill 08/27/2026 | — | 34.21% | 11.79M | $11.8M |
| 7 | First American Government Obligations Fund… | — | 7.99% | 2.75M | $2.8M |
| 8 | Cash & Other | — | -142.23% | -49.01M | -$49.0M |
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 | 166.23% / 166.23% | Sharpe 1Y / 3Y | 7.13 / 7.13 |
| Max drawdown 1Y / 3Y | -66.44% / -66.44% | Sortino 1Y | 11.80 |
| Beta vs S&P 500 (3Y) | 7.18 | Correlation vs S&P 500 (1Y) | — |
| Downside deviation 1Y | 100.34% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 94.13K | Average volume | 318.55K |
| AUM | $33.3M | Premium/Discount | -1.97% |
| 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 | -$1.4M | -4.03% | $34.7M → $33.3M |
| 1 Week | $11.6M | +49.68% | $23.3M → $33.3M |
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.