(ORCX) Defiance Daily Target 2X - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 366m USD | Total Return: -2% in 12m
Avg Turnover: 67.6M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Defiance Daily Target 2X Long ORCL ETF (ORCX) is an actively managed, non-diversified fund designed to provide 200% of the daily price performance of Oracle Corporation. To achieve this leverage, the fund utilizes financial derivatives including swap agreements and listed options contracts.
Oracle operates within the enterprise software sector, primarily generating revenue through cloud services, license support, and hardware systems. The business model has shifted significantly toward a high-margin Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS) framework to compete in the global cloud computing market.
As a leveraged instrument, ORCX is intended for short-term trading rather than long-term investment due to the effects of daily compounding and volatility decay. Investors should examine the underlying equity metrics on ValueRay to better understand the risks associated with leveraged exposure.
- Cloud infrastructure revenue growth accelerates via OCI and AI demand
- Oracle Database 23ai adoption drives high-margin software licensing
- Strategic cloud partnerships with Microsoft, Google, and AWS expand reach
- Capital expenditures rise to support massive data center expansion plans
As of May 29, 2026, the stock is trading at USD 48.05 with a total of 2,386,914 shares traded.
Over the past week, the price has changed by +16.60%,
over one month by +45.92%,
over three months by +78.36% and
over the past year by -2.04%.
Defiance Daily Target 2X has no consensus analysts rating.