SPCL ETF — Defiance Daily 2X Space ETF

Defiance Daily 2X Space ETF (SPCL)

SPCL is an ETF. its expense ratio is 1.31%. Total return is -41.0% over the past 0.3 years, 43.3 points behind SPY at 2.3%.

Defiance Pure Space Daily 2X Strategy ETF is a leveraged equity ETF that seeks to deliver twice the daily performance of an underlying space industry index. The fund carries a high expense ratio and uses leverage to amplify returns, making it suitable for experienced traders seeking short-term tactical exposure rather than buy-and-hold investors. The fund does not currently distribute income to shareholders.

SPCL performance versus SPY

Price and return data through 2026-09-18.

Total return is -41.0% over the past 0.3 years, 43.3 points behind SPY at 2.3%.

SPCL key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

04/07/2026

Expense ratio

1.31%

Distribution frequency

None

Last close

$20.77 (as of 2026-09-18)

AUM

$14,787,160

Average volume

40300.0

Payout ratio

0.0

Forward P/E

0.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Defiance ETFs or company page; 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.

SPCL risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider SPCL — and who may not

It is a weaker fit for investors who need monthly cash flow (SPCL does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Defiance ETFs.