Defiance Launches MUZ, First 2X Inverse ETF Targeting Micron (MU)
What happened
Defiance ETFs launched MUZ on June 9, 2026, positioning it as the first exchange-traded fund designed to deliver two times the inverse daily performance of Micron Technology (MU). The product is structured as a single-stock leveraged inverse ETF. Defiance issued the announcement via GlobeNewswire. The launch expands the growing field of single-stock leveraged and inverse ETF products tied to individual S&P 500 components.
The QL Read
QuantLogix composite reads 50/100 for MU, with the stock at $949.28 and up 4.71% on the session — a tape that would have translated to roughly a 9% drawdown for a 2X inverse product on day one. The 50 reading sits at the midpoint of the composite range and bears watching over the coming sessions.
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