RKLZ Defiance Daily Target 2X Short RKLB ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 15.72 | Day Range | 15.39 – 16.36 |
| 52-Week Range | 1.67 – 33.05 | Volume | 515.43K |
| Avg Volume | 2.82M | AUM | $1.4M (Oct 10, 2026) |
| Expense Ratio | 1.29% | Yield (TTM) | — |
| NAV | 15.77 | Premium/Discount | +0.19% indicative |
| Inception | Nov 17, 2025 | Holdings | 7 |
| Issuer | Defiance | Exchange | NASDAQ |
| Category | Active | Index Tracked | Not stated in source data |
| CUSIP | 88636Y565 | ISIN | US88636Y5657 |
| Structure | Leveraged -2x Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
This actively managed Exchange Traded Fund (ETF) is designed to generate a daily return equivalent to two times the inverse (-200%) of the daily percentage change in the price of its designated underlying security. The fund accomplishes this objective by strategically employing financial derivatives, specifically utilizing instruments like swap agreements and/or listed options contracts. Investors should note that this ETF is non-diversified.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -23.38% | +323.59% | -24.00% | -61.58% | — | — | — | — | -90.36% |
| Total return | -23.38% | +323.59% | -24.00% | -61.58% | — | — | — | — | -90.36% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.29% | Annual cost of a $10,000 investment | $129.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 7 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 287.30% | 758.16K | $758.2K |
| 2 | First American Government Obligations Fund… | — | 13.46% | 35.52K | $35.5K |
| 3 | ROCKET LAB CORP SWAO CANTOR-S | — | -29.91% | -1.16K | -$78.9K |
| 4 | ROCKET LAB CORP SWAP NOMURA-S | — | -37.40% | -1.45K | -$98.7K |
| 5 | ROCKET LAB SWAP CS | — | -39.96% | -1.55K | -$105.5K |
| 6 | ROCKET LAB SWAP MAREX | — | -40.48% | -1.57K | -$106.8K |
| 7 | ROCKET LAB CORP SWAP JNST-S | — | -53.01% | -2.05K | -$139.9K |
Click a ticker to see every ETF that owns it.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 437.24% / — | Sharpe 1Y / 3Y | 1.33 / — |
| Max drawdown 1Y / 3Y | -99.10% / — | Sortino 1Y | 3.86 |
| Beta vs S&P 500 (3Y) | -5.24 | Correlation vs S&P 500 (1Y) | -0.29 |
| Downside deviation 1Y | 150.71% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 515.43K | Average volume | 2.82M |
| AUM | $1.4M | Premium/Discount | +0.19% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$2.2M | -61.45% | $3.5M → $1.4M |
| 1 Month | -$2.4M | -49.04% | $4.9M → $1.4M |
| 1 Week | -$688.2K | -38.48% | $1.8M → $1.4M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for RKLZ
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.