AUM $2.1MER 1.30%NAV $3.64Holdings 9Inception Feb 2026
Price Chart
Key Statistics
Previous Close
$3.71Day Range
$3.48$3.80
52-Week Range
$2.21$26.28
Avg Volume
101.8KDividend Yield
—Expense Ratio
1.30%AUM
$2.1MShares Outstanding
9.2KETF 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 $2.1M 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 HOLDINGS, INC.-SWAP-NBCB-L | 40.06% | 192,024 | $839K |
| 2 | — | RED CAT HOLDINGS, INC.-SWAP-JNST-L | 37.17% | 178,178 | $779K |
| 3 | — | RED CAT HLDGS SWAP MAREX-L | 36.80% | 176,417 | $771K |
| 4 | — | RED CAT HOLDINGS, INC.-SWAP-NMRA-L | 36.55% | 175,224 | $766K |
| 5 | — | RED CAT HLDGS SWAP CS-L | 26.34% | 126,294 | $552K |
| 6 | — | RED CAT HLDGS SWAP CF-L | 23.98% | 114,949 | $502K |
| 7 | — | United States Treasury Bill 11/19/2026 | 23.80% | 500,000 | $499K |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 2.08% | 43,616 | $44K |
| 9 | — | Cash & Other | -126.78% | -2,655,894 | $-2655894 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.39% | |
| 1W | -13.12% | |
| 1M | -57.03% | |
| 3M | +65.87% | |
| 6M | -63.39% | |
| YTD | -83.18% | |
| 1Y | -83.18% | |
| 3Y | -83.18% | |
| 5Y | -83.18% |
Moving Averages
20-Day MA
$5.88
Below 20-Day MA50-Day MA
$6.57
Below 50-Day MA200-Day MA
$9.45
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$26.28
Current Price
$3.72
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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