Defiance Daily Target 2X Long RKT ETF
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Key stats
About Defiance Daily Target 2X Long RKT ETF
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Inception date
Jan 13, 2026
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
Identifiers
3
ISIN US88636X6417
RKTL uses swap agreements and short-dated listed call options to make bullish bets on the share price of Rocket Companies, Inc. (NYSE: RKT). RKT is a fintech company that offers a range of services related to homeownership and other personal financial transactions. Its segments include the Direct-to-Consumer, which consists of marketing and engaging directly through the Rocket Mortgage App, and the Partner Network, which focuses on partnerships with brokers and mortgage professionals who utilize the platform in providing mortgage solutions to clients. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in RKT price through daily rebalancing. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility and compounding effects. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash70.05%
Mutual fund29.95%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RKTL assets under management is 1.74 M USD. It's risen 37.30% over the last month.
RKTL fund flows account for 2.25 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.
No, RKTL doesn't pay dividends to its holders.
RKTL shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Jan 13, 2026, and its management style is Active.
RKTL expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
RKTL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RKTL invests in cash.
RKTL trades at a premium (0.81%) meaning the ETF is trading at a higher price than the calculated NAV.