DAMD
Leveraged Short
Daily Target 2X Short AMD ETF
Daily Target 2X Short AMD (Advanced Micro Devices) ETF
Overview
The Defiance Daily Target 2X Short AMD ETF (DAMD) provides investors with amplified inverse exposure to Advanced Micro Devices, Inc. (Nasdaq: AMD), a global semiconductor company recognized for its high-performance computing and graphics solutions. DAMD seeks to deliver -200% of the daily performance of AMD’s stock, offering active traders a tactical vehicle to pursue enhanced downside exposure to AMD without the need for a margin account or direct short position.
Investment Objective
The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Advanced Micro Devices, Inc. (Nasdaq: AMD). The Fund does not seek to achieve its stated investment objective for any period other than a single trading day.
Underlying Stock: Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. (AMD) is a leading global semiconductor company that designs and produces central processing units (CPUs), graphics processing units (GPUs), and adaptive computing products for a wide range of applications. AMD’s products power data centers, personal computers, gaming consoles, and embedded systems worldwide. The company operates through four key segments—data center, client, gaming, and embedded—and plays a critical role in advancing technologies related to artificial intelligence, cloud computing, and high-performance computing. Headquartered in Santa Clara, California, AMD continues to innovate within the semiconductor industry, competing in markets driven by rapid technological evolution and global demand for computing efficiency.
An investment in DAMD is not an investment in Advanced Micro Devices, Inc.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged inverse (-2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the inverse performance of the underlying security and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from -200% of the return of AMD over the same period. It is possible investors could lose their entire principal within a single trading day.
DAMDMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | -93.36% | -4.80% | -22.25% | -92.74% | -91.78% |
| Market Price (%) | -93.32% | -4.07% | -22.17% | -92.68% | -91.75% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | -94.29% | -33.16% | -93.02% | -94.29% | -92.93% |
| Market Price (%) | -94.30% | -33.49% | -93.02% | -94.30% | -92.95% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (NAV) (%) | — | — | — | — | — | — | — |
| Market Price (%) | — | — | — | — | — | — | — |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (NAV) (%) | — | — |
| Market Price (%) | — | — |
Fund Details
Top Holdings
| Name | Symbol | Stock Price | % Net Assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Cash & Other | Cash&Other | $1.00 | 261.77 | 39,442,433 | $39,442,433 |
| United States Treasury Bill 11/19/2026 | 912797UZ8 | $99.25 | 37.55 | 5,700,000 | $5,657,421 |
| First American Government Obligations Fund 12/01/2031 | FGXXX | $100.00 | 0.47 | 70,970 | $70,970 |
| Advanced Micro Devices Swap Cs | 007903107-TRS-01/11/28-S-DAMD | $477.57 | -43.99 | -13,878 | $-6,627,716 |
| Advanced Micro Devices Swap Nm | 007903107-TRS-03/31/33-S-DAMD | $477.57 | -46.63 | -14,713 | $-7,026,487 |
| Advanced Micro Devices Swap Mar | 007903107-TRS-11/14/28-S-DAMD | $477.57 | -48.97 | -15,450 | $-7,378,457 |
| Advanced Micro Devices Swap Cantor-s | 007903107-TRS-11/01/28-S-DAMD | $477.57 | -60.20 | -18,994 | $-9,070,965 |
Distributions
Declaration Date |
Ex-Div Date |
Record Date |
Payable Date |
Amount ($) |
|---|---|---|---|---|
12/29/2026 |
12/30/2026 |
12/30/2026 |
12/31/2026 |
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