SPCU Explained: An Independent Guide to the 2X SpaceX ETF

This is an independent investor explainer - not the fund's marketing page. SPCU is the ticker for the Defiance Daily Target 2X Long SpaceX ETF, a daily-reset product that targets 200% of SpaceX's (SPCX) one-day percentage move. First trade date: Monday, June 15, 2026.

What does SPCU stand for?

SPCU is the Nasdaq ticker symbol for the Defiance Daily Target 2X Long SpaceX ETF. The fund is issued by Defiance ETFs, LLC and distributed by Foreside Fund Services, LLC.

What is SPCU's investment objective?

The Fund seeks daily investment results, before fees and expenses, of 200% of the daily percentage change of the common stock of SpaceX (SPCX). The 2X target applies to a single trading day only.

Does SPCU own SpaceX stock directly?

No. An investment in SPCU is not a direct investment in SpaceX. SPCU obtains its 2X SPCX exposure synthetically through swap agreements with one or more counterparties. This is standard for daily-reset leveraged ETFs.

What is the difference between SPCU and SPCX?

SPCX is the Nasdaq ticker for SpaceX common stock. SPCU is a leveraged ETF that seeks 200% of SPCX's daily percentage change using derivatives. Buying SPCX is buying SpaceX shares; buying SPCU is buying a daily-reset leveraged exposure.

When did SPCU launch?

SPCU's first trade date is Monday, June 15, 2026 - the same day as the SpaceX IPO under SPCX. See the SpaceX IPO hub for context.

What is SPCU's expense ratio?

The Fund's expense ratio is disclosed in the official prospectus. See defianceetfs.com/spcu/ for current fees and expenses.

How do I buy SPCU?

Search the ticker SPCU in your brokerage during U.S. market hours. Full step-by-step instructions →

SPCU - Frequently asked questions

What is SPCU?

SPCU is the Defiance Daily Target 2X Long SpaceX ETF. It seeks daily investment results, before fees and expenses, of 2X (200%) the daily percentage change of SpaceX (Nasdaq: SPCX). It launched on Monday, June 15, 2026 and is issued by Defiance ETFs, LLC.

How does SPCU work?

SPCU uses swap agreements that reference the daily percentage change of SPCX, sized so the Fund targets 200% of that daily move. The exposure is reset every day. SPCU does not own SpaceX stock directly.

Does SPCU own SpaceX stock?

No. An investment in SPCU is not a direct investment in SpaceX. SPCU obtains its SPCX exposure synthetically through swap agreements with counterparties.

What is the difference between SPCU and SPCX?

SPCX is the Nasdaq ticker for SpaceX common stock. SPCU is an ETF that seeks 200% of SPCX's daily percentage change using derivatives. SPCU is a leveraged, daily-reset fund; SPCX is the underlying stock.

Where can I buy SPCU?

SPCU trades on a U.S. exchange and is available through most major brokerages - including Fidelity, Charles Schwab, Robinhood, Webull, E*TRADE, and Interactive Brokers - by searching the ticker SPCU.

When does SPCU launch?

SPCU's first trade date is Monday, June 15, 2026 - the same day as the SpaceX (SPCX) IPO.

Official Fund Page

For the prospectus, daily NAV, holdings, and the invest button, visit the official product page:

defianceetfs.com/spcu/ →

Last updated: 2026-06-10