Compare with Defiance Daily Target 2X Short SPCX ETF
Key stats
Fund info
Home page
Inception date
Jun 15, 2026
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636Y7554
CUSIP
88636Y755
FIGI
BBG022RBH5R0
Identifiers
ISIN US88636Y7554
SPCQ uses swap agreements and short-dated listed call options to make bearish bets on the share price of Space Exploration Technologies Corp. Class A (NASDAQ: SPCX). SPCX operates as an aerospace manufacturer, launch service provider, and satellite communications company. It develops and operates the Starlink satellite constellation and builds artificial intelligence tools. The fund seeks to maintain daily inverse leveraged exposure equivalent to -200% of the daily percentage change in SPCX price through daily rebalancing. Returns may deviate from the expected -2x if held for longer than a single day due to factors such as volatility and compounding effects. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous91.03%
Mutual fund8.97%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPCQ trades at 12.34 USD today, its price has risen 3.33% in the past 24 hours. Track more dynamics on SPCQ price chart.
SPCQ net asset value is 11.43 today — it's fallen 16.76% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPCQ assets under management is 219.41 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPCQ fund flows account for −6.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPCQ invests in funds. See more details in our Profile section.
SPCQ expense ratio is 1.31%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SPCQ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, SPCQ doesn't pay dividends to its holders.
SPCQ trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPCQ shares are issued by TFG Parent Holdings LLC
SPCQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 15, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.