ORCX ETF — Defiance Daily Target 2X Long ORCL ETF

Defiance Daily Target 2X Long ORCL ETF (ORCX)

Updated October 16, 2026.

ORCX is an ETF linked to Oracle (ORCL). its expense ratio is 1.31%. Total return is -74.6% over the past 1.7 years, 49.6 points behind ORCL at -25.0%.

This ETF is an actively managed fund that seeks to deliver two times the daily percentage change of Oracle's share price through the use of derivatives such as swaps and options; it is non-diversified and concentrated in a single underlying security. The fund does not currently distribute income, and carries an expense ratio of 1.31%. It is designed for traders and sophisticated investors seeking leveraged daily exposure to Oracle's stock price movements, not for traditional income investors.

ORCX performance versus ORCL

Price and return data through 2026-10-16.

Total return is -74.6% over the past 1.7 years, 49.6 points behind ORCL at -25.0%. Over the past year its total return — price change plus distributions reinvested — is -89.3%. Its deepest 1-year drawdown was 90.5%.

ORCX key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

02/06/2025

Expense ratio

1.31%

Distribution frequency

None

Last close

$15.69 (as of 2026-10-16)

AUM

$231,905,636

Average volume

1384753.0

Ex-dividend date

12/30/2025

Payment date

12/31/2025

Beta

4.0747

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Defiance ETFs or company page; Index: Oracle (ORCL); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ORCX risks and drawbacks

Total return has trailed ORCL over the available window. The deepest 1-year drawdown on record here is 90.5%.

Who may consider ORCX — and who may not

It is a weaker fit for investors who need monthly cash flow (ORCX does not currently distribute); investors whose main goal is matching ORCL total return. This is educational context, not a recommendation to buy or sell.

More on ORCX

• All tickers starting with O

Tagged: Leverage.

Frequently asked questions

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