Daily Target 2X Long RCAT ETF
RCAX
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Qiao Duan
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 234 West Florida Street Milwaukee WI United States of America 53204
- IPO Date
- Feb 3, 2026
- CIK
- 0001924868
- Website
- marsacquisition.com
- Similar Companies
- Business
- Defiance Daily Target 2x Long RCAT ETF (RCAX) is an exchange-traded fund that seeks to provide 2x leveraged daily investment results, before fees and expenses, of the share price performance of Red Cat Holdings, Inc. (NASDAQ: RCAT) common stock. The ETF employs swap agreements and other investment instruments to achieve its leveraged exposure to RCAT, a leading provider of small unmanned aerial systems (sUAS), robotics, and AI-driven edge computing solutions for military, government, and commercial customers; it offers products such as the Teal 2 drone platform, ARACHNID software suite, and Black Widow drones under the Teal Drones brand. RCAX primarily targets sophisticated investors seeking amplified daily returns tied to RCAT's performance in the defense technology and drone manufacturing sectors, with operations focused on the United States and international military markets. Launched in late 2025 by Defiance ETFs, headquartered in New York, the fund represents Defiance's expansion into single-stock leveraged ETFs amid growing demand for tactical exposure to high-growth tech names. In early 2026, RCAX marked a significant milestone with its official listing on the Nasdaq exchange following regulatory approval, enabling broader retail and institutional access; this launch coincided with RCAT's strategic partnership announcement with a major U.S. defense contractor to accelerate Teal 2 production and deployment.