SPCQ ETF — Defiance Daily Target 2X Short SPCX ETF

Defiance Daily Target 2X Short SPCX ETF (SPCQ)

Updated October 16, 2026.

SPCQ is an ETF linked to SpaceX (SPCX). its expense ratio is 1.31%. Total return is -13.2% over the past 0.3 years, 10.9 points ahead of SPCX at -24.1%.

This ETF seeks to deliver twice the inverse daily performance of SpaceX (SPCX) through leveraged short exposure, making it a bearish, short-term trading vehicle rather than an income-producing investment. The fund has a modest asset base and carries an expense ratio of 1.31%; it does not have an established distribution schedule. This product is designed for experienced traders seeking to profit from declines in SpaceX's stock price on a daily basis, not for buy-and-hold investors or those seeking dividend income.

SPCQ performance versus SPCX

Price and return data through 2026-10-16.

Total return is -13.2% over the past 0.3 years, 10.9 points ahead of SPCX at -24.1%.

SPCQ key facts

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Expense ratio

1.31%

Distribution frequency

None

Last close

$10.61 (as of 2026-10-16)

AUM

$3,304,471

Average volume

1165849.0

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: SpaceX (SPCX); 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.

Who may consider SPCQ — and who may not

It is a weaker fit for investors who need monthly cash flow (SPCQ does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on SPCQ

• All tickers starting with S

Tagged: Leverage, Short.

Frequently asked questions

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