AUM $6.4MER 1.30%NAV $14.00Holdings 9Inception Feb 2026
Price Chart
Key Statistics
Previous Close
$13.86Day Range
$13.31$14.11
52-Week Range
$2.21$26.28
Avg Volume
223.9KDividend Yield
—Expense Ratio
1.30%AUM
$6.4MShares 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 $6.4M in assets under management. The fund charges an expense ratio of 1.30%. 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 | — | RED CAT HLDGS SWAP CS-L | 38.12% | 303,804 | $2.5M |
| 2 | — | RED CAT HOLDINGS, INC.-SWAP-NBCB-L | 36.48% | 290,747 | $2.3M |
| 3 | — | RED CAT HOLDINGS, INC.-SWAP-NMRA-L | 36.11% | 287,756 | $2.3M |
| 4 | — | RED CAT HLDGS SWAP MAREX-L | 33.72% | 268,766 | $2.2M |
| 5 | — | RED CAT HOLDINGS, INC.-SWAP-JNST-L | 30.43% | 242,525 | $2.0M |
| 6 | — | RED CAT HLDGS SWAP CF-L | 25.80% | 205,599 | $1.7M |
| 7 | — | United States Treasury Bill 11/19/2026 | 7.71% | 500,000 | $496K |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 6.35% | 408,870 | $409K |
| 9 | — | Cash & Other | -114.71% | -7,387,037 | $-7387037 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -3.66% | |
| 1W | +348.29% | |
| 1M | +178.94% | |
| 3M | +64.82% | |
| 6M | -39.34% | |
| YTD | -38.90% | |
| 1Y | -38.90% | |
| 3Y | -38.90% | |
| 5Y | -38.90% |
Moving Averages
20-Day MA
$5.24
Above 20-Day MA50-Day MA
$4.33
Above 50-Day MA200-Day MA
$9.86
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$26.28
Current Price
$13.35
52-Week Low
$2.21
$2.21$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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