Overview Dividends

(SMCX) Defiance Daily Target 2X - Ratings and Ratios

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Swap Agreements, Listed Options Contracts

Risk via 10d forecast
Volatility 194%
Value at Risk 5%th 257%
Reward
Sharpe Ratio 0.76
Alpha Jensen -89.41
Character
Hurst Exponent 0.478
Beta 4.069
Drawdowns 3y
Max DD 95.21%
Mean DD 82.32%

Description: SMCX Defiance Daily Target 2X October 27, 2025

The Defiance Daily Target 2X Long SMCI ETF (NASDAQ: SMCX) is an actively managed, leveraged equity ETF that seeks to deliver 200 % of the daily price movement of Super Micro Computer, Inc. (SMCI) by using derivatives such as swap agreements and listed options. Because it is non-diversified and reset daily, the fund’s performance can diverge sharply from the underlying stock over longer horizons, especially in volatile markets.

Key points to watch: SMCI operates in the high-growth data-center and AI-infrastructure segment, where quarterly revenue growth has averaged roughly 30 % YoY in 2023-24, and gross margins have hovered near 45 %. The ETF’s expense ratio is about 0.95 % and its 30-day implied volatility is typically 2-3 × that of the underlying stock, reflecting the added risk of leverage. Macro drivers include semiconductor supply-chain constraints, corporate AI-spending cycles, and broader U.S. monetary-policy shifts that influence risk appetite for high-beta tech equities.

For a deeper, data-driven assessment of SMCX’s risk-adjusted performance, you might explore the analytics on ValueRay.

SMCX ETF Overview

Market Cap in USD 242m
Category Trading--Leveraged Equity
IPO / Inception 2024-08-21
Return 12m vs S&P 500 -31.5%
Analyst Rating -

SMCX Dividends

Currently no dividends paid

SMCX Growth Ratios

CAGR -85.26%
CAGR/Max DD Calmar Ratio -0.90
CAGR/Mean DD Pain Ratio -1.04
Current Volume 1528.1k
Average Volume 1962.3k

What is the price of SMCX shares?

As of November 13, 2025, the stock is trading at USD 21.58 with a total of 1,528,136 shares traded.
Over the past week, the price has changed by -19.57%, over one month by -55.82%, over three months by -44.60% and over the past year by -20.66%.

Is Defiance Daily Target 2X a good stock to buy?

No, based on ValueRay´s Analyses, Defiance Daily Target 2X (NASDAQ:SMCX) is currently (November 2025) a stock to sell. It has a ValueRay Growth Rating of -59.09 and therefor a clear technical negative rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SMCX is around 18.21 USD . This means that SMCX is currently overvalued and has a potential downside of -15.62%.

Is SMCX a buy, sell or hold?

Defiance Daily Target 2X has no consensus analysts rating.

What are the forecasts/targets for the SMCX price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 21.9 1.3%

SMCX Fundamental Data Overview November 04, 2025

Market Cap USD = 241.6m (241.6m USD * 1.0 USD.USD)
Beta = 0.0
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 241.6m USD (241.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 241.6m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 241.6m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 20.97% (E(241.6m)/V(241.6m) * Re(20.97%) + (debt-free company))
Discount Rate = 20.97% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for SMCX ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle