Tidal Trust II - Defiance Daily Target 2X Short TSM ETF (STSM) ETF Ticker

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

STSM uses swap agreements to make bearish bets on Taiwan Semiconductor Manufacturing Company Limited's (NYSE: TSM) share price. TSM is a leading global semiconductor manufacturer that produces advanced integrated circuits for technology companies worldwide. 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 TSM' performance strengthens. The fund is expected to invest in cash-like instruments as collateral.

STSM etf facts

What you can see for STSM on Tickr

Live STSM price chart with overlays, holdings, sector and country allocation, financial statements and consensus estimates, analyst ratings, catalysts, news with AI scoring, and an AI chat that has read the STSM report.

Rankings