New

Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →

Help us improve your experience. Please confirm your investor type:

Compare ETFs Easily

The Ultimate ETF Comparison Tool - Try Now!

Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.

Start Comparing ETFs Now!

›ETF Providers›Defiance ETFs›RCAX

RCAX

US88636W7184

Passive ETF Equity

RCAX ETF · Defiance Daily Target 2x Long RCAT ETF

The RCAX Exchange Traded Fund (ETF) is provided by Defiance ETFs. It is built to track an index: RCAT Price. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). This share class generates a stream of income by distributing dividends.

Last update Today at 1:30 PM UTC

LIVE

CLOSED

This fund is part ofLeveraged Equity1M perf.-8.31%

Last price

$22.31

1M perf.

+88.78%

1M flows

+€4.9M

AuM

€7.7M

E/R

1.31%

Rating

Not rated

ESG Consensus®

RCAX

$22.31

Performance & flows

February 4, 2026 → March 12, 2026

Create a free account to view the flows graph

RCAX

$23.96

+42.35%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	+88.78%	N/A	N/A	N/A	N/A	+82.34%	N/A	+9.90%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

Defiance ETFs

CUSIP

88636W718

ISIN

US88636W7184

AuM

€7.7M

E/R

1.31%

Replication rating

Not rated

ESG Consensus®

More details

NAV

3/12/2026

$23.96

1D NAV change

-0.06%

Dividend policy

Distributing

Replication method

Indirect

Replication model

Unfunded swap

No. of holdings

N/A

Inception date

2/2/2026

Jurisdiction

United States

Distribution

United States

Legal structure

Open-end Investment Company

Base currency

USD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

Create a free account to view dividend distribution

Classification

Product type

Passive ETF

Benchmark

RCAT Price

Asset class

Equity

Factors

N/A

Investment strategy

The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of Red Cat Holdings, Inc. (NASDAQ: RCAT). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

Create a free Trackinsight Essentials account to unlock insights

Access exclusive metrics and features to support your investment decisions.

Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.

Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

Upload your own internal metrics

Custom data feature

See all Trackinsight Enterprise features

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Risk profile

Historical risk/return profile

Data will be available soon for this fund.

Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

Defiance ETFs

Defiance ETFs ID Card

Number of funds

Total AuM

€6.64B

Expense ratio range

0.3% - 1.43%

Average expense ratio

1.1896%

View all Defiance ETFs funds

Top 5 funds by Defiance ETFs

		AuM
QTUM	Defiance Quantum ETF	€3B
SIXG	Defiance Connective Technologies ETF	€606M
MSTX	Defiance Daily Target 2X Long MSTR ETF	€261M
IRE	Defiance Daily Target 2X Long IREN ETF	€248M
ORCX	Defiance Daily Target 2X Long ORCL ETF	€217M

Frequently asked questions about RCAX

What does Defiance Daily Target 2x Long RCAT ETF, RCAX, invest in?

RCAX is a Passive ETF. This ETF provides leveraged exposure (2x) to Equities.

Which benchmark or index does RCAX replicate?

RCAX tracks the RCAT Price - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of RCAX?

RCAX carries a total expense ratio (TER) of 1.31%, indicating the annual cost for holding the fund.

When was RCAX launched?

RCAX was introduced to the market on February 2, 2026. It trades on United States

Who is the ETF issuer of RCAX?

Defiance Daily Target 2x Long RCAT ETF, RCAX, is provided by Defiance ETFs. Learn more about Defiance ETFs here.

What is the current assets under management (AUM) of RCAX?

RCAX oversees €7.7M in assets as of March 12, 2026.

How has RCAX performed lately?

Based on data from March 12, 2026, RCAX returned 88.78% over the past month.

What are the latest inflows or outflows for RCAX?

As of March 12, 2026, RCAX recorded net flows of +€4.9M over the last month.

Does RCAX distribute dividends?

RCAX follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of RCAX?

The base currency of RCAX is USD.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

The Ultimate ETF Comparison Tool - Try Now!

RCAX ETF · Defiance Daily Target 2x Long RCAT ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about RCAX

What does Defiance Daily Target 2x Long RCAT ETF, RCAX, invest in?

RCAX is a Passive ETF. This ETF provides leveraged exposure (2x) to Equities.

Which benchmark or index does RCAX replicate?

RCAX tracks the RCAT Price - USD, through a unfunded swap replication method.

What is the Total Expense ratio (TER) of RCAX?

RCAX carries a total expense ratio (TER) of 1.31%, indicating the annual cost for holding the fund.

When was RCAX launched?

RCAX was introduced to the market on February 2, 2026. It trades on United States

Who is the ETF issuer of RCAX?

Defiance Daily Target 2x Long RCAT ETF, RCAX, is provided by Defiance ETFs. Learn more about Defiance ETFs here.

What is the current assets under management (AUM) of RCAX?

RCAX oversees €7.7M in assets as of March 12, 2026.

How has RCAX performed lately?

Based on data from March 12, 2026, RCAX returned 88.78% over the past month.

What are the latest inflows or outflows for RCAX?

As of March 12, 2026, RCAX recorded net flows of +€4.9M over the last month.

Does RCAX distribute dividends?

RCAX follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of RCAX?

The base currency of RCAX is USD.

About Trackinsight

ETF TOOLS

PLATFORM

ETF NEWS & RESEARCH

PROFESSIONAL SOLUTIONS

SOLUTIONS FOR

CONTACT US