UMAL ETF — Defiance Daily Target 2X Long UMAC ETF

Defiance Daily Target 2X Long UMAC ETF (UMAL)

Updated October 16, 2026.

UMAL is an ETF linked to Unusual Machines (UMAC). its expense ratio is 1.31%. Total return is -75.9% over the past 0.3 years, 41.2 points behind UMAC at -34.7%.

This ETF seeks to deliver twice the daily performance of Unusual Machines shares through leveraged financial instruments, maintaining at least 80% exposure to such derivatives; it is non-diversified and carries elevated risk. The fund has an expense ratio of 1.31% and does not currently distribute income. It appeals primarily to active traders seeking short-term leveraged exposure rather than income or long-term investors.

UMAL performance versus UMAC

Price and return data through 2026-10-16.

Total return is -75.9% over the past 0.3 years, 41.2 points behind UMAC at -34.7%.

UMAL key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Expense ratio

1.31%

Distribution frequency

None

Last close

$5.02 (as of 2026-10-16)

AUM

$2,766,719

Average volume

101327.0

Payment date

12/31/2026

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: Unusual Machines (UMAC); 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.

UMAL risks and drawbacks

Total return has trailed UMAC over the available window.

Who may consider UMAL — and who may not

It is a weaker fit for investors who need monthly cash flow (UMAL does not currently distribute); investors whose main goal is matching UMAC total return. This is educational context, not a recommendation to buy or sell.

More on UMAL

• All tickers starting with U

Tagged: Leverage.

Frequently asked questions

More securities from Defiance ETFs.