# Defiance Daily Target 2X Long RCAT ETF (RCAX) — Overview

RCAX · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/rcax

## Price

Last close $4.65 on Oct 15, 2026. 52-week range $4.33 – $131.41.

## Fund profile

RCAX 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).

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Feb 2, 2026 |
| Assets under management | $3.1M |
| Expense ratio | 1.30% |
| Net asset value | $4.34 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Defiance Daily Target 2X Long RCAT ETF (RCAX)?

RCAX 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).

### What is RCAX's expense ratio?

Defiance Daily Target 2X Long RCAT ETF charges an annual expense ratio of 1.30%. The fund is issued by Tidal Investments LLC.

### How large is RCAX?

Defiance Daily Target 2X Long RCAT ETF manages $3.1M in assets and has traded since Feb 2, 2026.

### How do I buy shares of Defiance Daily Target 2X Long RCAT ETF (RCAX)?

RCAX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Data provided by [AInvest](https://www.ainvest.com).