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ORCX

Defiance Daily Target 2X Long ORCL ETF·NASDAQ
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Key Stats

Assets Under Management
172.86MUSD
Fund Flows (1Y)
490.16MUSD
Dividend Yield
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Discount/Premium to NAV
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Shares Outstanding
19.18M
Expense Ratio
1.29%

About Defiance Daily Target 2X Long ORCL ETF

Issuer
Tidal Investments LLC
Brand
Defiance
Inception Date
Feb 6, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ORCX uses swap agreements to make bullish bets on Oracle Corporation (ORCL)share price. ORCL is a US-listed company that offers a collection of cloud technologies, applications, databases, storage, and servers to empower modern business. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in ORCL's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. ORCX could potentially lose value over time, even if ORCLs performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.

Classification

Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Systems Software
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Sector

Technology

100.00%

Asset

Holdings

Symbol

Ratio

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United States Treasury Bill 02/19/2026

39.22%
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ORACLE CORP SWAP CF-L

38.60%
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ORACLE CORP SWAP CS

34.93%
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ORCL NOMURA

34.48%
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ORACLE CORP SWAP MAREX-L

33.38%
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ORACLE CORP SWAP BMO

33.19%

Symbol

Ratio

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ORACLE CORP SWAP NBC-L

24.39%
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ORACLE CORP SWAP MS-L

0.91%
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First American Government Obligations Fund 12/01/2031

0.26%
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Cash & Other

-139.51%

Top 10 Weight 99.85%

10 Total Holdings

See all holdings

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