Tidal Trust II - Defiance Daily Target 2X Short AMD ETF
DAMD
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Defiance Daily Target 2X Short AMD ETF is an actively managed, exchange-traded fund that seeks to provide daily investment results, before fees and expenses, equal to -200% of the daily percentage change in the share price of Advanced Micro Devices, Inc. (Nasdaq: AMD). The fund offers a leveraged inverse, single-stock trading vehicle for knowledgeable, short-term-oriented investors seeking to express bearish views on AMD without establishing a direct short position or using a margin account. Its investment exposure is obtained principally through total-return swap agreements referencing AMD common stock, together with cash, U.S. Treasury bills and money-market instruments used for collateral and liquidity management. The fund is designed to achieve its stated objective for a single trading day only; returns over periods longer than one day may differ materially from negative two times AMD’s cumulative return due to daily compounding, leverage and market volatility. The fund targets active traders and other investors able to monitor leveraged positions frequently and is not a direct investment in AMD. DAMD is sponsored under the Defiance ETFs brand and is issued by Defiance ETFs LLC, with Tidal Investments LLC identified as its issuer/manager in market-data profiles. The open-end investment company was launched on November 13, 2025, and began trading on the NYSE under ticker DAMD; it has CUSIP 88636W619 and a gross expense ratio of 1.31%. The fund’s principal product is daily -2x inverse exposure to AMD shares, a U.S.-listed semiconductor company serving data-center, client computing, gaming and embedded-computing markets globally. DAMD’s most significant recent corporate development is its November 2025 launch by Defiance ETFs as the firm’s first 2x short ETF focused on Advanced Micro Devices; the launch expanded Defiance’s suite of single-stock leveraged ETFs and added a dedicated bearish AMD instrument to its actively managed leveraged and inverse ETF lineup. As of September 3, 2026, DAMD reported net assets of approximately $18.22 million and 10.42 million shares outstanding.