SMCZ Distribution History & Yield
Defiance Daily Target 2X Short SMCI ETF · NasdaqGM
Upcoming distribution payments
No upcoming payment can be projected yet because SMCZ does not pay on a regular schedule.
Distribution payment history
Last 1 payments per share. RegularSpecial
Annual distributions per share
How much SMCZ do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 509 | $2,755 | $1,200 |
| $500 / month | 2,541 | $13,773 | $6,000 |
| $1,000 / month | 5,081 | $27,546 | $12,000 |
Based on the forward yield of 43.56%. $10,000 in SMCZ would currently pay about $4,356 a year ($363 a month on average). Model reinvestment and growth →
SMCZ distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Dec 30, 2025 | — | $2.362 | — |
Payout risk check
SMCZ does not have enough distribution history for a consistency score yet.
Its share price moved -91.5% over the past year.
A 43.6% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Defiance Daily Target 2X Short SMCI ETF
The fund is an actively managed exchange traded fund that attempts to achieve 2 times the inverse (-200%) of the daily percentage change in the price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
Fund family: Defiance ETFs LLC. Category: Trading--Inverse Equity. First distribution on our records: Dec 30, 2025. 1 payments tracked. Data last refreshed Oct 22, 2026. Spotted a mistake? Report it and we'll fix it.
SMCZ distribution FAQ
When is SMCZ's next ex-distribution date?
SMCZ has not announced its next ex-distribution date and its payments do not follow a regular schedule, so we do not estimate one. The most recent ex-date was Dec 30, 2025.
How often does SMCZ pay distributions?
SMCZ's distribution schedule is irregular: it has made 1 payments on our records, most recently $2.362 per share on Dec 30, 2025.
What is SMCZ's distribution yield?
SMCZ's trailing 12-month distribution yield is 43.56%, based on $2.362 per share paid over the last year and a share price of $5.42.
How much does SMCZ pay per share?
SMCZ pays about $2.362 per share per payment, which works out to roughly $2.362 per share a year. 100 shares would collect about $236.20 a year.
Has SMCZ grown or cut its distribution?
As a fund, SMCZ's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of SMCZ do I need to earn $100 a month?
At the current forward yield of 43.56%, you would need about 509 shares of SMCZ (roughly $2,755 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive on the fund’s schedule, so the monthly figure is an average.
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