Investment Managers Series Trust II - Tradr 2X Short SMR Daily ETFSMZ

$22.72

0.0% last session

[…] YTD

Data as of 10/26/20264:00 PM ET · End-of-day

Dividend-adjusted return from the previous closeSMZ

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	0.0%	+44.3%	−17.8%	—	—	—	—	−14.7%
Peer average	−2.9%	−22.6%	−23.2%	−26.7%	−36.8%	+34.3%	—	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $1M
Expense ratio: 1.49%
Distribution yield: 1.7%
NAV: $22.74
Volume: 0
Avg. volume 30D: 65K
High today: $22.72
Low today: $22.72
Previous close: $22.72
52-week high: $67.83
52-week low: $10.60
Our risk indicator: 5/5

SMZ in One Breath

SMZ Among Single-Stock Leverage ETFs

YTD

#1DLLLGraniteShares+399.7%$113M

#2PBRGLeverageShares+316.4%$2.0M

#3MUUDirexion+286.1%$2.4B

#4MULLGraniteShares+271.9%$428M

#5OSCXDefiance+240.0%$7.5M

#6AMUUDirexion+209.8%$57.6M

#7AMDLGraniteShares+204.0%$746M

#8AMDGLeverageShares+200.8%$17.9M

#9OKTGLeverageShares+187.3%$6.7M

End-of-day Nov 5, 2026 · 228 Single-Stock Leverage ETFs by YTD

$10,000 in SMZ

$10,000 in SMZ became

$8,532

In the S&P 500 (VOO)

$11,150

Total return, dividends in · Feb 11, 2026 – Oct 26, 2026 · S&P 500 uses VOO

SMZ Returns by Period

Today

YTD

MAX

SMZ

0.0%

+44.3%

−17.8%

—

−14.7%

Peer average

−2.9%

−22.6%

−23.2%

−26.7%

−36.8%

+34.3%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 390 Single-Stock Leverage ETFs

SMZ’s Single-Stock Leverage Rank

YTD

[…]of 228
single-stock leverage ETFs

Best · DLLL+399.7%

Average−26.7%

Worst · SMUP−99.5%

Single-Stock Leverage ETFs by YTD return · Nov 5, 2026

SMZ Price and 52-Week Range

From the 52-week high

−66.5%

From the 52-week low

+114.3%

Today $22.72 – $22.72

Previous close $22.72

$22.72 now

52-week low$10.6052-week high$67.83

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

SMZ’s Size vs Its Peers

Today

$1.0M#336 by size of 391 single-stock leverage ETFs

AUM · SMZ and the 5 largest peers · Nov 5, 2026

SMZ Fee per $100 vs Peers

Today

$1.49a year
per $100

$149 a year on $10,000

TSLL$0.95

GGLL$0.96

MUU$1.01

SMZ$1.49

SNXX$1.49

NVDL$1.65

Expense ratio · Single-Stock Leverage peers · Nov 5, 2026

Inside SMZ

SMZ

Investment Managers Series Trust II - Tradr 2X Short SMR Daily ETF

Today

SMZ gets its 2× exposure through swaps and futures, so a list of holdings would not show what you own: […]

Tradr SMZ · holdings

How It Compares

SMZ

Investment Managers Series Trust II - Tradr 2X Short SMR Daily ETF’s Peers

YTD

		Trend
TSLL	DirexionRead Desk		0.95%	−44.5%	−51.5%	$3.7B
NVDL	GraniteSharesRead Desk		1.65%	−5.8%	−26.5%	$2.9B
MUU	DirexionRead Desk		1.01%	+286.1%	+418.3%	$2.4B
GGLL	DirexionRead Desk		0.96%	−28.9%	−16.1%	$1.0B
SNXX	TradrRead Desk	New fund	1.49%	new	new	$780M
SMZ	TradrThis fundRead Desk	New fund	1.49%	new	new	$1M

Single-Stock Leverage peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put SMZ head to head with TSLL →

TSLL vs SMZ

YTD

TSLLDirexionSMZTradr

Year to date

−44.5%

[…]

Level

Past year

−51.5%

[…]

Level

Fee

0.95%

1.49%

TSLL winslower fee

Yield

9.3%

1.7%

TSLL wins+7.7 pts

AUM

$3.7B

$1.0M

TSLL3589.8× more

2–0TSLL wins

Direxion TSLL and Tradr SMZ · year-to-date · as of Nov 5, 2026 · AUM not scored

SMZ vs Its Peer Average

YTD

SMZAvsBPeer average

1D0.0%−2.9%

1M+44.3%−22.6%

3M−17.8%−23.2%

YTD[…]−26.7%

1Y[…]−36.8%

3Y[…]+34.3%

3–0SMZ wins

390 Single-Stock Leverage peers · each row scaled to its leader

The Details

SMZ

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−60.7%

52-week range

$22.72

$10.60−66.5% from the high$67.83

Tradr SMZ · past-year price moves · as of Nov 5, 2026

SMZ

Fund Facts

Today

2026launched Feb 10

Tracks[…]

Exchange · CUSIPCBOE · 46092D160

StructureETF

Leverage-2x

Cost on $10,000$149 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Tradr SMZ · fund facts · as of Nov 5, 2026

SMZ

Payouts by Year

$0.38per share, Oct 2026

Distribution yield1.7%

Paid[…]

Latest ex-date · paidOct 19 · Oct 20, 2026

1 payouts added up$0.38 a share

Tradr SMZ · distributions by ex-date · 2026–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

prospectus · SEC 497 ↗SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$22.74

Premium / discount[…]

Median spread · 30D[…]

Volume today0

Average volume · 30D65K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.49%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$149.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 19, 2026	Oct 20, 2026	$0.38

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