- What are the top holdings of BMNZ?
- Tidal Trust II - Defiance Daily Target 2X Short BMNR ETF holds 8 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does BMNZ have?
- BMNZ holds 8 positions as reported by the fund's most recent disclosure.
- What sectors does BMNZ invest in?
- Tidal Trust II - Defiance Daily Target 2X Short BMNR ETF (BMNZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is BMNZ most exposed to?
- BMNZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is BMNZ a US-only fund?
- The country allocation card on this page shows BMNZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does BMNZ invest in?
- BMNZ uses swap agreements to make bearish bets on BitMine Immersion Technologies, Inc.'s (NYSE: BMNR) share price. BMNR is a technology company focused on cryptocurrency mining operations that utilize immersion cooling systems to enhance energy efficiency and mining performance. 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 BMNR' performance strengthens. The fund is expected to invest in cash-like instruments as collateral.
