NASDAQ:SMST Defiance Daily Target 1.5X Short MSTR ETF (SMST) Price, Holdings, & News $22.50 -0.59 (-2.56%) As of 10:39 AM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsOwnershipTrendsBuy This Stock About Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SMST alerts:Sign Up Key Stats Today's Range$22.49▼$23.1450-Day Range$17.71▼$30.7952-Week Range$17.59▼$2,368.00Volume236,488 shsAverage Volume1.30 million shsMarket Capitalization$47.48 millionAssets Under Management$41.20 millionDividend YieldN/ANet Expense Ratio1.29%Aggregate RatingN/A ETF Overview The Defiance Daily Target 2x Short MSTR ETF (SMST) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x inverse exposure to the daily share price movement of MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. SMST was launched on Aug 20, 2024 and is issued by Defiance. Read More Defiance Daily Target 1.5X Short MSTR ETF ExpensesTypeSMSTSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFsManagement Fee1.29%0.93%0.56%0.54%0.53%Other Expenses0.00%0.64%0.56%0.52%0.56%Total Expense1.29%1.35%0.76%0.73%0.73%Fee Waiver0.00%-1.02%-0.66%-0.50%-0.63%Net Expense1.29%1.03%0.63%0.63%0.60% Receive SMST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Defiance Daily Target 1.5X Short MSTR ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address SMST ETF News HeadlinesDefiance Daily Target 1.5X Short MSTR ETF - Investing.com UKJune 26, 2025 | uk.investing.comDefiance Daily Target 1.5X Short MSTR ETF - Investing.comJune 24, 2025 | investing.comA $674B Industry Missed the Bigger PictureTV video streaming exploded into a $674.25B market in 2024—driven by the hours we spend lost in entertainment. But there’s a much bigger habit consuming our time, with value that’s waiting to be unlocked. Smartphone screen time. We spend over 30 hours a week glued to our phones. Mode Mobile is pioneering ways to turn those hours into real income. Their EarnPhone unlocks 19 revenue streams from everyday phone use, helping users earn over $325M so far. Deloitte crowned them North America’s fastest-growing software company in 2023 after their revenue soared 32,481% from 2019-2022. But this industry is still in its infancy, and you can invest in the company that’s at the forefront of unlocking its value.July 30 at 2:00 AM | Mode Mobile (Ad)Defiance Daily Target 2x Short MSTR ETF (SMST) After-HoursApril 6, 2025 | nasdaq.comSOXS, SMST: Big ETF OutflowsFebruary 2, 2025 | nasdaq.comSee More Headlines SMST ETF - Frequently Asked Questions How have SMST shares performed this year? Defiance Daily Target 1.5X Short MSTR ETF's stock was trading at $166.80 at the beginning of 2025. Since then, SMST shares have decreased by 86.2% and is now trading at $23.09. When did Defiance Daily Target 1.5X Short MSTR ETF's stock split? Defiance Daily Target 1.5X Short MSTR ETF's stock reverse split before market open on Friday, May 23rd 2025.The 1-20 reverse split was announced on Monday, May 19th 2025. The number of shares owned by shareholders was adjusted after the market closes on Thursday, May 22nd 2025. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. When did Defiance Daily Target 1.5X Short MSTR ETF IPO? Defiance Daily Target 1.5X Short MSTR ETF (SMST) raised $864 million in an initial public offering on Wednesday, April 2nd 2025. The company issued 27,000,000 shares at $28.00-$36.00 per share. Citigroup, Wells Fargo Securities, KeyBanc Capital Markets and BMO Capital Markets served as the underwriters for the IPO. How do I buy shares of Defiance Daily Target 1.5X Short MSTR ETF? Shares of SMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Fund Details IssuerDefiance ETFs Fund NameDefiance Daily Target 1.5X Short MSTR ETF Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:SMST Inception Date8/20/2024 Fund ManagerQiao Duan, Christopher Mullen Previous SymbolNYSEARCA:SMST WebN/A PhoneN/AFund Focus Asset ClassEquity BenchmarkN/A CategoryStrategy FocusSingle Stock Development LevelDeveloped Markets RegionNorth America Number of Holdings4 Fund Statistics Assets Under Management$41.20 million Average Daily Volume$0.00 Discount/Premium-0.02% Leveraged-1.50 Administrator, Advisor and Custodian AdministratorTidal ETF Services, LLC AdvisorTidal Investments, LLC CustodianU.S. Bank, N.A. DistributorForeside Fund Services, LLC Transfer AgentU.S. Bancorp Fund Services, LLC TrusteeN/A Lead Market MakerSusquehanna Options OptionableOptionable Options Volume179 Put Options61 Call Options118 Miscellaneous Outstanding Shares2,110,000BetaN/A Creation Fee$300.00 7 Energy Stocks to Buy and Hold ForeverWith the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.Get This Free Report Top 6 SMST HoldingsCash OffsetHolding Weight: 196.11%US DOLLARSHolding Weight: 104.93%First American Government Obligations FundHolding Weight: 15.54%DEPOSITS WITH BROKER FOR SHORT POSITIONSHolding Weight: 3.00%MICROSTRATEGY INC SWAP - S- CANTORHolding Weight: -73.32%MICROSTRATEGY SWAP MAR - SHolding Weight: -146.26%Full Holdings Details This page (NASDAQ:SMST) was last updated on 7/30/2025 by MarketBeat.com Staff From Our PartnersAI Frenzy Could Send ‘EarnPhone’ SoaringThe hidden fuel behind AI? Your phone. 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