Key stats
About Defiance Daily Target 2x Short RGTI ETF
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Inception date
Oct 8, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636V6526
RGTZ is another single stock leveraged ETF. The fund is designed for active traders who wish to take a magnified, short-term bearish bet on shares of Rigetti Computing (RGTI). The company was founded in 2013 to provide full-stack quantum computing services. The ETF is not an investment in Rigetti Computing, it is a daily leveraged bearish bet against the share price. It is not intended for, or appropriate for, investors who do not actively monitor and trade their portfolios. Due to the effects of compounding, the fund should not be expected to provide -2x the cumulative return of RGTI for periods longer than a day.
Related funds
Classification
What's in the fund
Exposure type
Cash
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RGTZ trades at 16.92 USD today, its price has risen 2.72% in the past 24 hours. Track more dynamics on RGTZ price chart.
RGTZ net asset value is 17.07 today — it's risen 53.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RGTZ assets under management is 121.75 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RGTZ fund flows account for 63.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RGTZ invests in cash. See more details in our Analysis section.
RGTZ expense ratio is 1.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
RGTZ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, RGTZ doesn't pay dividends to its holders.
RGTZ trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RGTZ shares are issued by Toroso Investments Topco LLC
RGTZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 8, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.