SMZ ETF — Tradr 2X Short Smr Daily ETF

Tradr 2X Short Smr Daily ETF (SMZ)

Updated October 16, 2026.

SMZ is an ETF linked to NuScale Power (SMR). its expense ratio is 1.49%. Total return is -14.9% over the past 0.7 years, 47.7 points ahead of SMR at -62.6%.

This ETF provides two times inverse leveraged exposure to the daily inverse performance of NuScale Power, a nuclear energy company, making it designed for traders seeking to profit from declines in SMR stock on a daily basis. The fund is non-diversified and carries an expense ratio of 1.49%. It appeals to experienced traders using leveraged inverse strategies for short-term tactical positioning rather than buy-and-hold income investors, and it does not currently distribute income to shareholders.

SMZ performance versus SMR

Price and return data through 2026-10-16.

Total return is -14.9% over the past 0.7 years, 47.7 points ahead of SMR at -62.6%.

SMZ key facts

Issuer

Tradr

Asset type

ETF

Asset class

Equity

Inception date

02/10/2026

Expense ratio

1.49%

Distribution frequency

None

Last close

$24.24 (as of 2026-10-16)

AUM

$427,035

Average volume

10430.0

Beta

-7.6116

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: Tradr; Index: NuScale Power (SMR); 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.

Who may consider SMZ — and who may not

It is a weaker fit for investors who need monthly cash flow (SMZ does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on SMZ

• All tickers starting with S

Tagged: Leverage, Short.

Frequently asked questions

More securities from Tradr.