AUM$7.0M
Expense Ratio1.31%
NAV$19.93
Holdings6
InceptionFeb 2, 2026
Price Chart
Key Statistics
Previous Close
$23.90Day Range
$22.64$26.47
52-Week Range
$12.68$23.98
Avg Volume
346.7KDividend Yield
N/AExpense Ratio
1.31%AUM
$7.0MShares Outstanding
45.9KCountry Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Defiance
- Subcategory
- Drones
- 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 $7.0M in assets under management. The fund charges an expense ratio of 1.31%. The fund holds 6 securities in its portfolio.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | Cash & Other | 34.74% | -4,854,265 | $-4854265 |
| 2 | 75644T100-TRS-09/08/28-L-RCAX | RED CAT HLDGS SWAP CF-L | 21.65% | 205,771 | $3.0M |
| 3 | 75644T100-TRS-02/22/28-L-RCAX | RED CAT HLDGS SWAP CS-L | 21.48% | 204,192 | $3.0M |
| 4 | 75644T100-TRS-02/03/29-L-RCAX | RED CAT HLDGS SWAP MAREX-L | 17.94% | 170,500 | $2.5M |
| 5 | FGXXX | First American Government Obligations Fund 12/01/2031 | 3.48% | 487,032 | $487K |
| 6 | 912797PV3 | United States Treasury Bill 03/19/2026 | 0.71% | 100,000 | $100K |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | +2.58% | — | ||
| 1W | +11.87% | — | ||
| 1M | +65.08% | — | ||
| 3M | +10.03% | — | ||
| 6M | +10.03% | — | ||
| YTD | +10.03% | — | ||
| 1Y | +10.03% | — | ||
| 3Y | +10.03% | — | ||
| 5Y | +10.03% | — |
Moving Averages
20-Day MA
$17.34
Above 20-Day MA50-Day MA
$17.31
Above 50-Day MA200-Day MA
$17.31
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$23.98
Current Price
$24.52
52-Week Low
$12.68
$12.68$23.98
Current Yield
N/A
Annual Dividend
N/A
Frequency
N/A
Last Ex-Date
N/A
Dividends
No dividend data available for this ETF.
Category Comparison
No category data available for comparison.
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