AUM $18.9MER 1.31%NAV $13.06Holdings 9Inception Feb 2026
Price Chart
Key Statistics
Previous Close
$6.94Day Range
$6.91$8.35
52-Week Range
$4.88$26.28
Avg Volume
1.0MDividend Yield
—Expense Ratio
1.31%AUM
$18.9MShares Outstanding
45.9KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Defiance
- Inception Date
- Feb 2, 2026
- Exchange
- NASDAQ
- Description
- RCAX uses swap agreements and short-dated listed call options to make bullish bets on the share price of Red Cat Holdings, Inc. (RCAT). Red Cat Holdings is a US-based drone technology company providing unmanned aerial systems and related software for military, government, and commercial applications. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in RCATs price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility, compounding, or rebalancing effects. RCAX may also hold US government securities, money market funds, short-term bond ETFs, and investment-grade corporate debt as collateral for its derivatives positions.
The Daily Target 2X Long RCAT ETF (RCAX) is an exchange-traded fund issued by Defiance that launched on Feb 2, 2026. It currently manages $18.9M in assets under management. The fund charges an expense ratio of 1.31%. The fund holds 9 securities in its portfolio.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 34.29% | -23,932,647 | $-23932647 |
| 2 | 75644T100-TRS-05/31/33-L-RCAX | RED CAT HOLDINGS, INC.-SWAP-JNST-L | 12.35% | 585,000 | $8.6M |
| 3 | 75644T100-TRS-09/08/28-L-RCAX | RED CAT HLDGS SWAP CF-L | 11.15% | 527,818 | $7.8M |
| 4 | 75644T100-TRS-01/31/33-L-RCAX | RED CAT HOLDINGS, INC.-SWAP-NBCB-L | 11.09% | 525,000 | $7.7M |
| 5 | 75644T100-TRS-02/03/29-L-RCAX | RED CAT HLDGS SWAP MAREX-L | 10.94% | 518,000 | $7.6M |
| 6 | 75644T100-TRS-02/22/28-L-RCAX | RED CAT HLDGS SWAP CS-L | 10.65% | 504,506 | $7.4M |
| 7 | 75644T100-TRS-03/31/33-L-RCAX | RED CAT HOLDINGS, INC.-SWAP-NMRA-L | 6.86% | 325,000 | $4.8M |
| 8 | 912797TE7 | United States Treasury Bill 06/25/2026 | 2.37% | 1,660,000 | $1.7M |
| 9 | FGXXX | First American Government Obligations Fund 12/01/2031 | 0.29% | 204,326 | $204K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +20.03% | |
| 1W | -37.20% | |
| 1M | +36.35% | |
| 3M | -62.23% | |
| 6M | -61.96% | |
| YTD | -61.96% | |
| 1Y | -61.96% | |
| 3Y | -61.96% | |
| 5Y | -61.96% |
Moving Averages
20-Day MA
$8.65
Below 20-Day MA50-Day MA
$9.90
Below 50-Day MA200-Day MA
$13.48
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$26.28
Current Price
$8.33
52-Week Low
$4.88
$4.88$26.28
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
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