AUM $3.3MER 1.30%NAV $4.64Holdings 9Inception Feb 2026
Price Chart
Key Statistics
Previous Close
$3.90Day Range
$3.90$4.04
52-Week Range
$2.21$26.28
Avg Volume
104.7KDividend Yield
—Expense Ratio
1.30%AUM
$3.3MShares 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 $3.3M 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-NMRA-L | 40.80% | 261,056 | $1.3M |
| 2 | — | RED CAT HLDGS SWAP MAREX-L | 38.27% | 244,849 | $1.2M |
| 3 | — | RED CAT HOLDINGS, INC.-SWAP-JNST-L | 34.43% | 220,312 | $1.1M |
| 4 | — | RED CAT HOLDINGS, INC.-SWAP-NBCB-L | 30.01% | 192,024 | $941K |
| 5 | — | RED CAT HLDGS SWAP CF-L | 28.70% | 183,668 | $900K |
| 6 | — | RED CAT HLDGS SWAP CS-L | 28.62% | 183,150 | $897K |
| 7 | — | United States Treasury Bill 11/19/2026 | 15.89% | 500,000 | $498K |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 4.53% | 142,154 | $142K |
| 9 | — | Cash & Other | -121.25% | -3,801,703 | $-3801703 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.84% | |
| 1W | -7.28% | |
| 1M | -59.30% | |
| 3M | +41.31% | |
| 6M | -60.26% | |
| YTD | -81.58% | |
| 1Y | -81.58% | |
| 3Y | -81.58% | |
| 5Y | -81.58% |
Moving Averages
20-Day MA
$6.67
Below 20-Day MA50-Day MA
$6.66
Below 50-Day MA200-Day MA
$9.54
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$26.28
Current Price
$3.97
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.
Compare with Another ETF
Search for an ETF to compare with RCAX:
FREE DOWNLOAD
The Beginner's Guide to ETFs
20 pages. Zero fluff. Everything you need to start investing in ETFs.
No spam. Unsubscribe anytime.