Key stats
About Defiance Leveraged Long + Income AMD ETF
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Inception date
Aug 19, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636V2491
AMDU is an actively managed ETF pursuing two main strategies: leverage and income generation. The leverage strategy uses derivatives (swaps and options) to provide daily exposure of roughly 150% to 200% of Advanced Micro Devices (AMD) stock, aiming to amplify returnsthough this also increases risk and potential losses. The income generation strategy uses credit call spreadsselling a call option and buying a higher strike callto generate premium income and help manage risk from the leveraged exposure. While this can limit upside during sharp rallies in AMD, it helps offset losses and generate regular income, typically distributed weekly. The fund holds US government securities, money market funds, short-term bond ETFs, and high-quality corporate debt as collateral for its derivatives positions. The fund's exposure and leverage may be adjusted based on market conditions, derivative availability, and risk management considerations.
Related funds
Classification
What's in the fund
Exposure type
Cash
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMDU assets under management is 873.29 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMDU invests in cash. See more details in our Analysis section.
AMDU expense ratio is 1.51%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, AMDU is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, AMDU pays dividends to its holders with the dividend yield of 1.77%.
AMDU shares are issued by Toroso Investments Topco LLC
AMDU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 19, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.