Key stats
About Defiance Daily Target 2X Long RGTI ETF
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Inception date
Mar 31, 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
US88636R1317
RGTX uses swap agreements to make bullish bets on Rigetti Computing (RGTI) share price. Rigetti Computing is a company that designs and develops integrated quantum computing systems and software.The company leverages its proprietary quantum processors and cloud-based platform to deliver quantum computing as a service. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in RGTI's share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. RGTI could potentially lose value over time, even if RGTI's performance is strong. It is expected 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
Stocks2.79%
Electronic Technology2.79%
Bonds, Cash & Other97.21%
Cash96.80%
Mutual fund0.41%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RGTX assets under management is 43.76 M USD. It's fallen 0.19% over the last month.
RGTX fund flows account for 15.40 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, RGTX doesn't pay dividends to its holders.
RGTX shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Mar 31, 2025, and its management style is Active.
RGTX expense ratio is 1.31% meaning you'd have to pay 1.31% of your investment to help manage the fund.
RGTX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RGTX invests in cash.
RGTX trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.