BMNZ
-1.22 · -5.78%
$19.92 · NYSE ARCA

Tidal Trust II (BMNZ) ETF Analysis | Trading--Inverse Equity

Defiance ETFs LLC · USA
AUM:$157,741
#– of – in Trading--Inverse Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

BMNZ returned +0.0% over the past year, broadly in line with flat market conditions.

What is BMNZ?

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 aims to generate 2 times the inverse of the daily performance of the Underlying Security for a single day, and not for any other period.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
BMNZ returned 0.0% over the past year.
Broadly Diversified
Top 10 holdings represent just 18.0% of the ETF — exposure spread across many positions.
ETF Information
AUM$157,741
Expense Ratio0.00%
Dividend Yield0.00%
Holdings1
Inception DateNov 2025
Domicile
Distribution
Index
ProviderDefiance ETFs LLC
Beta
CategoryTrading--Inverse Equity
CurrencyUSD
Portfolio Impact

How would BMNZ affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-75.9%
1Y
-72.3%
3Y
-72.3%
5Y
-72.3%
OpenBook InsightIf you had invested £10,000 in BMNZ 5 years ago, it would have fallen to £2,774 — a loss of £7,226.

Annual Returns

Calendar year performance

BMNZ delivered positive returns in 0 of the last 2 calendar years.
YearBMNZ
2026 YTD-60.3%
2025-0.5%
0/2 positive yearsAvg return: -30.4%Worst year: -60.3% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
156.0%
Very High
Momentum
-61.7%
30-day change
Support Level
5.82
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 61.7% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.