Skip to content
etf.net

Launched · SEC filings

Defiance Daily Target 2X Long OSCR ETF

OSCXNasdaqDThis 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.

$40.18−0.59 (−1.44%)

At close: Oct 13, 2026, 4:00 PM

D34/ 100

Rank 302 of 380 in Single-Stock Long Leveraged

D34/100Rank 302 of 380inSingle-Stock Long Leveraged
Intraday session: down, 30 prints from 40.76 to 40.18. Range 39.78 to 42.60. Use the arrow keys to read each point.41.5042.0042.5010 AM12 PM2 PM4 PM
Expense ratio
1.32%
Fund size
$10M
1Y total return
+53.2%
Yield · Last 12 months
—
Holdings
8
Avg volume · 30D
0M sh
NAV per share
$39.39
52W range
low $5.88high $136.00
Launched
Filings
SEC EDGAR

The ETF.net OSCX Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
302 of 380
Six-pillar profile for OSCX. Scores out of 100: Cost 27, Risk 54, Mission 91, Tradability 21, Holdings not scored, Durability 63. Strongest: Mission (91). Weakest: Tradability (21). Based on 5 of 6 pillars.

Score 34 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D27 out of 100
    Rank 265 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A91 out of 100
    Rank 77 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 144 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F21 out of 100
    Rank 335 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 108 of 380

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 Oct 13, 2026
Asset class
Other
Holdings
8
Top-10 weight
212%
Largest holding
Oscar Health Inc Swap Jnst-L114.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Oscar Health Inc Swap Jnst-L114.72%688,763$23M1
002—Oscar Health Inc Swap Cantor19.52%117,221$4M1
003—Oscar Health, Inc.-Swap-Nbcb-L17.24%103,491$4M1
004—Oscar Health Inc Swap Nomura17.03%102,216$3M1
005—Oscar Health Inc Swap Clearstreet16.15%96,966$3M1
006—Oscar Health Inc Swap Marex15.44%92,686$3M1
007—United States Treasury Bill 11/19/20267.32%1,500,000$1M56
008—First American Government Obligations Fund 12/01/20314.41%901,079$901K529

Showing 1–8 of 8 holdings

OSCX Performance

Launched Sep 24, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
OSCX$15,318
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. OSCX $15,318. SPY $12,044. Use the arrow keys to read each point.$1,305$9,228$17,151Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+232.2%
1 month+3.4%
3 months+6.4%
1 year+53.2%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+232.2%
2025−51.6%

History from Sep 25, 2025

OSCX in the news

Filtered to OSCX · Single-Stock Long Leveraged

OSCX Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

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.
173.0%
Annualised · 12 months to Sep 2026
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.
0.64
vs 3-month T-bills · 12 months to Sep 2026
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.
−84.5%
12 months · trough Mar 2026
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%

254 of the 333 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.

Other funds in Single-Stock Long Leveraged

See others