Defiance Daily Target 2x Short MSTR ETF (SMST) - Live Price & How to Invest from India

Defiance Daily Target 2x Short MSTR ETF Stock Performance

as on September 25, 2026 at 6:59 am IST

Day's Low
Day's High
$11.63
Day's Price Range
$12.61
$12.12
4.04%
Downside
4.04%
Upside
52 Week's Low
52 Week's High
$10.88
52-Week Price Range
$154.16
$12.12
10.23%
Downside
1171.94%
Upside

Defiance Daily Target 2x Short MSTR ETF share price movements today

NAV: $11.21
Volume: 1.5M
Market Cap: -
Day's Low - High: $11.63 - $12.61
52 Week Low - High: $10.88 - $154.16

Defiance Daily Target 2x Short MSTR ETF Fundamentals

AUM	$23.47Mn
Expense Ratio	1.38%
Dividend Yield	-

Companies in Defiance Daily Target 2x Short MSTR ETF

Companies	Holding %
Cash & Other	288.26%

Insights on Defiance Daily Target 2x Short MSTR ETF

Insights help you understand the recent movement of the ETF's critical parameters, giving you an overall view of the ETF.

NO EFFECT
Against Peers
In the last 1 year, has given 0.00% return, outperforming Defiance Daily Target 2x Short MSTR ETF by 59.88%.
NEGATIVE IMPACT
Price Dip
In the last 1 year, Defiance Daily Target 2x Short MSTR ETF has moved down by -59.88%

About Defiance Daily Target 2x Short MSTR ETF

SMST uses swap agreements to make bearish bets on MicroStrategy Incorporated's (NYSE: MSTR) share price. MSTR was originally known for its enterprise analytics software. It has then pivoted to include acquiring and holding Bitcoin (BTC) as another operational business. 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 MSTR's performance strengthens. The fund is expected to invest in cash-like instruments as collateral. Following October 29, 2024, the fund adjusted its leverage ratio from 1.5x to 2x.

Exchange

NASDAQ

Frequently Asked Questions

What is Defiance Daily Target 2x Short MSTR ETF (SMST) share price today?

Defiance Daily Target 2x Short MSTR ETF (SMST) share price today is $12.12.

Can Indians buy Defiance Daily Target 2x Short MSTR ETF shares?

Yes, Indians can invest in the Defiance Daily Target 2x Short MSTR ETF (SMST) from India.

With INDmoney, you can buy Defiance Daily Target 2x Short MSTR ETF at 0 brokerage. The step-by-step process is as follows:

• Open your zero cost US Stocks account and zero balance IND Super Saver Account Powered by SBM India Bank (this can be done in less than 3 minutes)

• Transfer funds to your US Stocks account using your IND Super Saver Account (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.

• Once funds are transferred successfully, you can buy Defiance Daily Target 2x Short MSTR ETF at zero transaction cost.

How can I buy Defiance Daily Target 2x Short MSTR ETF shares from India?

It is very easy to buy Defiance Daily Target 2x Short MSTR ETF from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Defiance Daily Target 2x Short MSTR ETF be purchased?

Yes, you can buy fractional shares of Defiance Daily Target 2x Short MSTR ETF with INDmoney app.

What are the documents required to start investing in Defiance Daily Target 2x Short MSTR ETF stocks?

To start investing in Defiance Daily Target 2x Short MSTR ETF, You will need the following documents:

• Proof of Identification (PAN, Aadhaar etc)

• Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND Super Saver Account powered by SBM Bank so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.