---
ticker: "RCAX"
name: "Daily Target 2X Long RCAT ETF"
url: "https://etf.net/etf/RCAX"
grade: "D"
score: 30
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "320 of 380"
methodology: "https://etf.net/methodology"
---

# RCAX: Daily Target 2X Long RCAT ETF

Grade **D**, Score 30 of 100. Rank 320 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 34 | 236 of 380 |
| Mission | 92 | 69 of 148 |
| Risk | 14 | 353 of 363 |
| Tradability | 30 | 296 of 380 |
| Holdings | Not scored | — |
| Durability | 54 | 161 of 380 |

## Top holdings

The fund holds 8 positions. These are the largest 8, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Red Cat Hldgs Swap Marex-L | 38.21% |
| 2 | — | Red Cat Holdings, Inc.-Swap-Nmra-L | 37.89% |
| 3 | — | Red Cat Hldgs Swap Cs-L | 34.15% |
| 4 | — | Red Cat Holdings, Inc.-Swap-Jnst-L | 32.59% |
| 5 | — | Red Cat Hldgs Swap Cf-L | 29.96% |
| 6 | — | Red Cat Holdings, Inc.-Swap-Nbcb-L | 27.47% |
| 7 | — | United States Treasury Bill 11/19/2026 | 12.34% |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 6.76% |

Source: etf.net, https://etf.net/etf/RCAX. Please cite the page URL.