- What are the top holdings of UMAL?
- Tidal Trust II - Defiance Daily Target 2X Long UMAC ETF holds 8 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does UMAL have?
- UMAL holds 8 positions as reported by the fund's most recent disclosure.
- What sectors does UMAL invest in?
- Tidal Trust II - Defiance Daily Target 2X Long UMAC ETF (UMAL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is UMAL most exposed to?
- UMAL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is UMAL a US-only fund?
- The country allocation card on this page shows UMAL'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 UMAL invest in?
- UMAL uses swap agreements and short-dated listed call options to make bullish bets on the share price of Unusual Machines, Inc. (NYSE American: UMAC). UMAC operates in the commercial drone industry. It sells small drones, drone components (motors, electronics, FPV systems), accessories, and kits. It distributes products through e-commerce, B2B, direct-to-consumer, and retail channels. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in the UMAC price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility and compounding effects. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
