Tidal Trust II - Defiance Daily Target 2X Short MSTR ETF (NasdaqGM: SMST)
Financials · Capital Markets · US
$58.79
+13.93% today · +129.8% 1Y
Tidal Trust II - Defiance Daily Target 2X Short MSTR ETF (NasdaqGM: SMST) operates in the Capital Markets industry within the Financials sector. The company is valued at $28.98M and employs 780 people.
Over the last twelve months the share price has gained 129.8%, trading between 19.78 and 154.16.
SMST price history
Not enough price history to draw a chart yet.
Key figures
- Market cap
- $28.98M
- Revenue (TTM)
- —
- P/E
- —
- EPS
- —
- Dividend yield
- —
- Beta (5Y)
- -3.54
- 52-week high
- $154.16
- 52-week low
- $19.78
- Avg volume (3M)
- —
- Shares outstanding
- 492.98K
- Employees
- 780
- Next earnings
- —
About Tidal Trust II - Defiance Daily Target 2X Short MSTR ETF
SMST uses swap agreements to make bearish bets on MicroStrategy Incorporated's (NYSE: MSTR) share price. MSTR was originally known for its enterprise analytics software. It has then pivoted to include acquiring and holding Bitcoin (BTC) as another operational business. The fund maintains a daily leveraged exposure equivalent to -200% of the fund's net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if MSTR's performance strengthens. The fund is expected to invest in cash-like instruments as collateral. Following October 29, 2024, the fund adjusted its leverage ratio from 1.5x to 2x.
- ISIN
- US88636V7698
- Founded
- 2024
- Listed since
- Aug 21, 2024
- Exchange
- Nasdaq Global Market
- Currency
- USD
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|---|---|---|---|
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| iShares Trust - iShares Core S&P 500 ETFARCA: IVV | $892.30B | $769.62 | +0.32% |
| State Street SPDR S&P 500 ETF TrustARCA: SPY | $811.28B | $765.91 | +0.32% |
| Invesco QQQ Trust, Series 1NasdaqGM: QQQ | $483.79B | $710.72 | +0.62% |
| Vanguard Index Funds - Vanguard Morningstar Growth ETFARCA: VUG | $377.81B | $87.40 | +0.54% |
| Morgan StanleyNYSE: MS | $340.45B | $216.77 | +1.26% |
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Figures last refreshed Aug 18, 2026.