# OSCX (Defiance Daily Target 2X Long OSCR ETF)

Defiance · Leveraged ETFs · data as of Oct 2, 2026

Three months to Oct 2, 2026: OSCX returned −20.0% where its own daily promise gave −14.3%, 5.7 points short.

## Key facts

- OSCX, what OSCR did: −3.9%, as of Oct 2, 2026.
- OSCX, what 2 times a day gives: −14.3%, as of Oct 2, 2026.
- OSCX, what the fund returned: −20.0%, as of Oct 2, 2026.
- OSCX, the fund itself cost: −5.7 pts, as of Oct 2, 2026.
- OSCX, net assets: $9m (the issuer’s own daily fund list, as of Oct 1, 2026).
- OSCX, expense ratio: 1.32% (485BPOS XBRL, Aug 24, 2026).

## OSCX over each window to Oct 2, 2026

| Window | Fund | OSCR | +2x the move | Difference | OSCR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | 0.0% | +2.0% | +4.0% | −4.0 pts | 46% |
| 3 months | −20.0% | −3.9% | −7.7% | −12.3 pts | 54% |
| 6 months | +376.9% | +159.6% | not meaningful over this window | not meaningful over this window | 65% |
| 1 year | +17.9% | +60.5% | +121.0% | −103.0 pts | 70% |
| Since launch | +34.9% | +71.0% | +142.1% | −107.1 pts | 70% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of OSCR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | OSCR moved −3.9% over this window, too little to read a multiple from | ETFIQ |
| Underlying | OSCR | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $9m | the issuer’s own daily fund list, as of Oct 1, 2026 |
| Expense ratio | 1.32% | 485BPOS XBRL, Aug 24, 2026 |
| Launched | Sep 25, 2025 | ETFIQ |
| Underlying volatility over the window | 54% annualized | ETFIQ |

## Questions

### Did OSCX return +2 times OSCR?

Over the window to Oct 2, 2026, OSCR moved −3.9% and OSCX returned −20.0%. 2 times that move is −7.7%, so the fund came out 12.3 points short of it.

### Why does OSCX not return +2 times over a year?

Because it resets daily. OSCX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, OSCX, data as of Oct 2, 2026. https://etfiq.com/funds/oscx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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