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OSCX

GradeDNASDAQ Global Select

Defiance Daily Target 2X Long OSCR ETF

Leveraged · Single-Stock Leveraged · Defiance · Inception 2025-09-24

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$34.24+0.08 (+0.22%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Sep 25, 2025.History starts Sep 25, 2025.
Intraday session: up, 24 prints from 34.16 to 34.24. Range 32.37 to 34.48. Use the arrow keys to read each point.$32.50$33.00$33.50$34.5010 AM12 PM2 PM4 PM
Expense ratio
1.32%
Fund size
$10M
1Y return
—
Yield · Last 12 months
—
Holdings
9
Volume · 30D
0M sh
NAV per share
$35.66
52W range
low $17.63high $136.00

The ETF.net OSCX Grade

D

35/ 100

Rank 239 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for OSCX. Scores out of 100: Cost 27, Risk 54, Mission 93, Tradability 22, Holdings not scored, Durability 63. Strongest: Mission (93). Weakest: Tradability (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 27
    Category rank277/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 93
    Category rank68/147 · top 46%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank110/285 · top 39%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 22
    Category rank300/380 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 63
    Category rank114/380 · top 30%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on OSCX

ETF.net Research

DMost 2x single-stock ETFs point at megacap tech. OSCX points at Oscar Health, the insurtech upstart, aiming to deliver 200% of OSCR's daily move. One volatile stock, doubled, daily.

Stated mandate

The Fund seeks daily investment results equal to 200% of the daily performance of Oscar Health, Inc.

Why people hold it

  1. 01Delivers 2x daily exposure to Oscar Health from a plain brokerage account: no margin agreement, no borrowing, no margin calls.defianceetfs.com
  2. 02The cohort's strongest names lever megacaps (GGLL, AAPU, ASMG). OSCX aims its 2x at a health insurance disruptor instead, a corner few leveraged funds cover.
  3. 03Hits its stated 200% daily target closely, and lands in the upper half of a crowded leveraged single-stock field.

Worth knowing

  1. 011.31% a year runs above the typical 2x single-stock fund; UNHG, the UnitedHealth version, charges 0.75%.
  2. 02The multiple resets every day. Hold longer and results can drift far from 2x the stock's move, especially through choppy stretches.defianceetfs.com
  3. 03Launched in 2025, still small and lightly traded, with everything riding on one company's stock. Spreads and concentration come with the package.

OSCX Holdings

As of Sep 20, 2026, 5:08 AM
Asset class
Other
Holdings
9
Top-10 weight
216%
Largest holding
OSCAR HEALTH INC SWAP CANTOR40.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—OSCAR HEALTH INC SWAP CANTOR40.54%128,168$4M1
002—OSCAR HEALTH INC SWAP MAREX34.02%107,577$3M1
003—OSCAR HEALTH, INC.-SWAP-NBCB-L34.00%107,491$3M1
004—OSCAR HEALTH INC SWAP CLEARSTREET31.55%99,763$3M1
005—OSCAR HEALTH INC SWAP NOMURA31.31%98,993$3M1
006—OSCAR HEALTH INC SWAP JNST-L28.61%90,445$3M1
007—First American Government Obligations Fund 12/01/203110.97%1,114,508$1M625
008—United States Treasury Bill 11/19/20264.89%500,000$497K48

Showing 1–8 of 8 holdings

OSCX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

OSCX$27,844
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. OSCX $27,844. SPY $11,430. Use the arrow keys to read each point.$2,478$19,849$37,221Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for OSCX. Periods over one year show the average yearly return.
PeriodOSCX
Year to date+178.4%
1 month−10.7%
3 months−1.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OSCX
YearReturn barOSCX
2026 YTD+178.4%
2025−51.6%

History from Sep 25, 2025

OSCX in the news

ETF.net Research hasn’t filed on OSCX yet — coverage lands here as it’s written.

OSCX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Sep 2025. No distributions yet.

OSCX Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Sep 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.67
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

OSCX Cost

Expense ratio1.32%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

250 of the 329 Single-Stock Long Leveraged funds charge less.

OSCX costs $132.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.