RCAX
Defiance Daily Target 2X Long RCAT ETF·NASDAQ
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Key Stats
Assets Under Management
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Fund Flows (1Y)
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Dividend Yield
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Discount/Premium to NAV
-0.20%
Shares Outstanding
50.00K
Expense Ratio
1.31%
About Defiance Daily Target 2X Long RCAT ETF
Issuer
Tidal Investments LLC
Brand
Defiance
Home Page
Inception Date
Feb 2, 2026
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
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Max LT Capital Gains Rate
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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.
Classification
Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Aerospace & Defense
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -37.46% | -37.46% | -37.46% | -37.46% | -37.46% | -37.46% |
NAV Total Return | — | — | — | — | — | — |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
RED CAT HLDGS SWAP CF-L
78.95%
RED CAT HLDGS SWAP MAREX-L
63.05%
RED CAT HLDGS SWAP CS-L
57.95%
Cash & Other
-100.03%
Top 10 Weight 99.92%
4 Total Holdings
Is SPY better than RCAX?
Dividends
No data is currently available
Premium/Discount Chart
Assets Under Management
Should I buy RCAX?
Fund Flows
