Symbols

RCAX

Defiance Daily Target 2X Long RCAT ETF·NASDAQ

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Key Stats

Assets Under Management

6.98MUSD

Fund Flow (1Y)

5.76MUSD

Dividend Yield

Discount / Premium to NAV

-0.19%

Shares Outstanding

330.00K

Expense Ratio

1.31%

About Defiance Daily Target 2X Long RCAT ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/rcax/

Inception Date

Feb 2, 2026

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

Max LT Capital Gains Rate

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

RCAX provides investors with amplified long exposure to Red Cat Holdings, Inc. (NASDAQ: RCAT), a technology company focused on unmanned aerial systems (UAS) and advanced drone solutions for military, government, and commercial applications. RCAX seeks to deliver 200% of the daily performance of Red Cat Holdings' stock, offering active traders a tactical way to express bullish views on drone technology, defense innovation, and autonomous systems—without the need for a margin account. The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.