Key stats
About Defiance Leveraged Long Income HIMS ETF
Home page
Inception date
Aug 18, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636V1816
HIMY aims to provide monthly income distributions by combining leveraged exposure to Hims & Hers Health (HIMS) exposure with a yield-enhancing options overlay. HIMS is known for its direct-to-consumer platform for wellness and treatment. The fund targets 150% to 200% of HIMSs daily returns through derivatives such as swap agreements and short-dated, in-the-money call options. The leverage range depends on market volatility, liquidity, and cost considerations. Note that the fund has no defensive position. The fund also employs an income generation strategy via writing credit call spreads, selling a call option while purchasing another at a higher strike price to generate premiums and offset the leverage risks. This approach covers about half of the exposure, which can limit upside potential but helps offset potential losses. Holdings include cash-like instruments as collateral. The fund may also hold other HIMS-linked ETFs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Cash
Rights & Warrants
Bonds, Cash & Other100.00%
Mutual fund49.61%
Cash36.69%
Rights & Warrants13.70%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HIMY assets under management is 1.28 M USD. It's risen 28.41% over the last month.
HIMY fund flows account for 1.48 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HIMY pays dividends to its holders with the dividend yield of 1.39%. The last dividend (Sep 4, 2025) amounted to 0.26 USD. The dividends are paid weekly.
HIMY shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Aug 18, 2025, and its management style is Active.
HIMY expense ratio is 1.51% meaning you'd have to pay 1.51% of your investment to help manage the fund.
HIMY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HIMY invests in funds.
HIMY trades at a premium (0.38%) meaning the ETF is trading at a higher price than the calculated NAV.