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STSM

·ARCA
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Key Stats
Assets Under Management
1.05MUSD
Fund Flows (1Y)
187.90KUSD
Dividend Yield
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Discount/Premium to NAV
0.04%
Shares Outstanding
60.00K
Expense Ratio
1.31%
About Defiance Daily Target 2X Short TSM ETF
Issuer
Tidal Investments LLC
Brand
Defiance
Inception Date
Nov 17, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
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Distributor
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STSM provides investors with amplified inverse (-2X) exposure to Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), a leading global semiconductor manufacturer that produces advanced integrated circuits for technology companies worldwide. STSM seeks to deliver -200% of the daily performance of TSM's stock, giving active traders a tactical way to express bearish views on one of the most influential companies in the semiconductor industry—without the need for a margin account.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Semiconductors
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
-11.17%-18.44%-18.44%-18.44%-18.44%-18.44%
NAV Total Return
-10.11%
Ratings

No data is currently available

Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis

Sector

No data is currently available

Asset

No data is currently available

Region

No data is currently available

Investment Style

No data is currently available

Top 10 Holdings

Symbol

Ratio

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Cash & Other

288.58%
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First American Government Obligations Fund 12/01/2031

11.25%
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TAIWAN SEMICONDUCTOR SWAP MAREX

-34.57%
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TAIWAN SEMICONDUCTOR SWAP CANTOR-S

-34.57%
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TAIWAN SEMICONDUCTOR SWAP CS

-60.23%
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TAIWAN SEMICONDUCTOR CORP SWAP NM

-70.46%

Top 10 Weight 100%

6 Total Holdings

Dividends

No data is currently available

Premium/Discount Chart
Premium/Discount to NAV
Price
Assets Under Management
Assets Under Management
Fund Flows
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Outflows