Defiance Launches -2X Inverse ETF Betting Against Micron

Defiance ETFs has launched the Defiance Daily Target 2X Short MU ETF (MUZ), a single-stock leveraged ETF designed to deliver -200% of Micron Technology’s daily share-price performance before fees and expenses. The fund provides traders with amplified bearish exposure to the memory-chip maker through swaps and options, targeting short-term tactical positioning rather than long-term investing. Because the ETF resets daily, returns over longer periods can diverge significantly from -2x Micron’s performance due to compounding and volatility. MUZ joins Defiance’s expanding lineup of leveraged and inverse single-stock ETFs.