---
ticker: "AMA"
name: "Defiance Daily Target 2X Long AMAT ETF"
url: "https://etf.net/etf/AMA"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "89 of 380"
methodology: "https://etf.net/methodology"
---

# AMA: Defiance Daily Target 2X Long AMAT ETF

Grade **C**, Score 48 of 100. Rank 89 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 27 | 265 of 380 |
| Mission | Not scored | — |
| Risk | 60 | 113 of 363 |
| Tradability | 74 | 67 of 380 |
| Holdings | Not scored | — |
| Durability | 62 | 116 of 380 |

## Top holdings

The fund holds 7 positions. These are the largest 7, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Bill 11/19/2026 | 55.79% |
| 2 | — | Applied Materials, Inc.-Swap-Nbcb-L | 46.70% |
| 3 | — | Applied Materials, Inc.-Swap-Nmra-L | 42.96% |
| 4 | — | Applied Materials, Inc.-Swap-Mrex-L | 39.64% |
| 5 | — | Applied Materials, Inc.-Swap-Cant-L | 35.51% |
| 6 | — | Applied Materials, Inc.-Swap-Clst-L | 35.22% |
| 7 | — | First American Government Obligations Fund 12/01/2031 | 1.45% |

Source: etf.net, https://etf.net/etf/AMA. Please cite the page URL.