Tidal Trust II - Defiance Daily Target 2X Short TSM ETFSTSM

DefianceSingle-Stock Leverage#140 of 228 by YTD

$35.87

−3.1% last session

−64.2% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026STSMS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−3.1%	+38.5%	−2.6%	−64.2%	—	—	—	−70.8%
Peer average	+4.3%	−22.5%	−23.8%	−25.0%	−34.8%	+35.9%	—	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $1M
Expense ratio: 1.31%
Distribution yield: 0.0%
NAV: $37.03
Volume: 3K
Avg. volume 30D: 8K
High today: $36.14
Low today: $35.11
Previous close: $37.02
52-week high: $132.17
52-week low: $25.79
Our risk indicator: 5/5

STSM in One Breath

STSM Among Single-Stock Leverage ETFs

YTD

#1DLLLGraniteShares+506.3%$113M

#2MUUDirexion+349.0%$2.4B

#3MULLGraniteShares+331.2%$428M

#4PBRGLeverageShares+316.4%$2.0M

#5AMUUDirexion+204.3%$57.6M

#6AMDLGraniteShares+199.0%$746M

#7AMDGLeverageShares+196.1%$17.9M

#8OSCXDefiance+190.6%$7.5M

#140STSMDefiance−64.2%$1.4M

End-of-day Nov 4, 2026 · 228 Single-Stock Leverage ETFs by YTD

$10,000 in STSM

$10,000 in STSM became

$3,057

In the S&P 500 (VOO)

$11,745

Total return, dividends in · Nov 18, 2025 – Nov 4, 2026 · S&P 500 uses VOO

STSM Returns by Period

Today

YTD

MAX

STSM

−3.1%

+38.5%

−2.6%

−64.2%

—

−70.8%

Peer average

+4.3%

−22.5%

−23.8%

−25.0%

−34.8%

+35.9%

—

S&P 500 · VOO

+0.3%

−2.6%

−1.7%

+11.5%

+11.9%

+90.9%

+77.5%

—

End-of-day Nov 4, 2026 · total return, dividends in · peers = 390 Single-Stock Leverage ETFs

STSM’s Single-Stock Leverage Rank

YTD

#140of 228
single-stock leverage ETFs

Best · DLLL+506.3%

Average−25.0%

STSM−64.2%

Worst · SMUP−99.4%

Single-Stock Leverage ETFs by YTD return · Nov 4, 2026

STSM Price and 52-Week Range

From the 52-week high

−72.9%

From the 52-week low

+39.1%

Today $35.11 – $36.14

Previous close $37.02

$35.87 now

52-week low$25.7952-week high$132.17

End-of-day Nov 4, 2026 · box = today’s range, dashed = previous close

STSM’s Size vs Its Peers

Today

$1.4M#320 by size of 391 single-stock leverage ETFs

AUM · STSM and the 5 largest peers · Nov 4, 2026

STSM Fee per $100 vs Peers

Today

$1.31a year
per $100

$131 a year on $10,000

TSLL$0.95

GGLL$0.96

MUU$1.01

STSM$1.31

SNXX$1.49

NVDL$1.65

Expense ratio · Single-Stock Leverage peers · Nov 4, 2026

Inside STSM

6 holdings

STSM

Tidal Trust II - Defiance Daily Target 2X Short TSM ETF

Today

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

Defiance STSM · holdings

How It Compares

STSM

Tidal Trust II - Defiance Daily Target 2X Short TSM ETF’s Peers

YTD

		Trend
TSLL	DirexionRead Desk		0.95%	−40.7%	−45.6%	$3.7B
NVDL	GraniteSharesRead Desk		1.65%	+0.3%	−18.2%	$2.9B
MUU	DirexionRead Desk		1.01%	+349.0%	+563.5%	$2.4B
GGLL	DirexionRead Desk		0.96%	−33.2%	−19.9%	$1.0B
SNXX	TradrRead Desk	New fund	1.49%	new	new	$780M
STSM	DefianceThis fundRead Desk		1.31%	−64.2%	new	$1M

Single-Stock Leverage peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put STSM head to head with TSLL →

TSLL vs STSM

YTD

TSLLDirexionSTSMDefiance

Year to date

−40.7%

−64.2%

TSLL wins+23.4 pts

Past year

−45.6%

[…]

Level

Fee

0.95%

1.31%

TSLL winslower fee

Yield

8.7%

0.0%

TSLL wins+8.7 pts

AUM

$3.7B

$1.4M

TSLL2588.9× more

3–0TSLL wins

Direxion TSLL and Defiance STSM · year-to-date · as of Nov 4, 2026 · AUM not scored

STSM vs VOO

YTD

STSM · Tidal Trust II - Defiance Daily Target 2X Short TSM

−64.2%

VOO · S&P 500

+11.5%

Gap

75.7 pts

Defiance STSM and Vanguard VOO · YTD total return · as of Nov 4, 2026

STSM vs Its Peer Average

YTD

STSMAvsBPeer average

1D−3.1%+4.3%

1M+38.5%−22.5%

3M−2.6%−23.8%

YTD−64.2%−25.0%

1Y[…]−34.8%

3Y[…]+35.9%

2–2level

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

The Details

STSM

Risk

5/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−77.9%

52-week range

$35.87

$25.79−72.9% from the high$132.17

Defiance STSM · past-year price moves · as of Nov 4, 2026

STSM

Fund Facts

Today

2025launched Nov 17

Tracks[…]

Exchange · CUSIPAMEX · 88636Y557

StructureETF

Leverage-2x

Cost on $10,000$131 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Defiance STSM · fund facts · as of Nov 4, 2026

STSM

Payouts by Year

Today

$0no payouts on record

STSM does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

Defiance STSM · distributions by ex-date

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$37.03

Premium / discount[…]

Median spread · 30D[…]

Volume today3K

Average volume · 30D8K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.31%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$131.00

Our risk indicator5/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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