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DAMD ETF — Defiance Daily Target 2X Short AMD ETF
Defiance Daily Target 2X Short AMD ETF (DAMD)
Updated October 16, 2026.
DAMD is an ETF linked to Advanced Micro Devices (AMD). its expense ratio is 1.30%. Total return is -94.3% over the past 0.9 years, 208.5 points behind AMD at 114.2%.
Defiance Daily Target 2X Short AMD ETF is an actively managed fund that seeks to deliver twice the inverse daily performance of Advanced Micro Devices stock through derivatives including swap agreements and options contracts, making it a leveraged short position in the company. The fund has a 1.30% expense ratio and does not make regular distributions. It appeals to experienced traders seeking short-term bearish exposure to AMD with daily rebalancing, rather than buy-and-hold income investors.
DAMD holdings and sector exposure
Holdings are not available for this snapshot.
Economic / reference exposure: AMD (physical holdings below may be collateral and options, not the reference asset itself).
DAMD performance versus AMD
Price and return data through 2026-10-16.
Total return is -94.3% over the past 0.9 years, 208.5 points behind AMD at 114.2%. Its deepest 1-year drawdown was 97.3%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -13.7% | — |
| 3M | -34.8% | — |
| 6M | -88.9% | — |
| YTD | -95.3% | — |
| Since inception (0.9 years) | -94.3% | — |
DAMD key facts
- Issuer
- Defiance ETFs
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 11/13/2025
- Expense ratio
- 1.30%
- Distribution frequency
- None
- Last close
- $11.54 (as of 2026-10-16)
- AUM
- $24,521,802
- Average volume
- 2809455.0
- Beta
- -6.2401
How Dividend Vision calculates yield and returns
Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: Defiance ETFs or company page; Index: Advanced Micro Devices (AMD); prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
DAMD risks and drawbacks
Total return has trailed AMD over the available window. The deepest 1-year drawdown on record here is 97.3%.
Who may consider DAMD — and who may not
It is a weaker fit for investors who need monthly cash flow (DAMD does not currently distribute); investors whose main goal is matching AMD total return. This is educational context, not a recommendation to buy or sell.
More on DAMD
Frequently asked questions
Does DAMD pay monthly?
No. DAMD does not currently distribute.
What is DAMD linked to?
DAMD is linked to Advanced Micro Devices (AMD), not a broad market index.
What is DAMD's expense ratio?
DAMD's expense ratio is 1.30%.
When does DAMD pay a dividend?
DAMD does not currently distribute.
How has DAMD performed?
Total return is -94.3% over the past 0.9 years, 208.5 points behind AMD at 114.2%. Its deepest 1-year drawdown was 97.3%.
More securities from Defiance ETFs.
Tickers
Holdings as-of date unavailable.
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