RGTX
Defiance Daily Target 2X Long RGTI ETF
📎 Investment Objective
The Defiance Daily Target 2X Long RGTI ETF (RGTX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Defiance Quantum Computing and Blockchain Index.
Overview
ETF tracking Defiance Daily Target 2X Long RGTI ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance Daily Target 2X Long RGTI ETF (RGTX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Defiance Quantum Computing and Blockchain Index.
🎯 Investment Strategy
The fund uses a combination of financial instruments, such as futures contracts and swaps, to gain leveraged exposure to the underlying index. It aims to deliver 2x the daily returns of the index, before fees and expenses.
✨ Key Features
- Provides 2x daily leveraged exposure to the Defiance Quantum Computing and Blockchain Index
- Utilizes derivatives to achieve its leveraged investment objective
- Resets daily, so longer-term returns may differ from 2x the index performance
- Very small asset size and limited trading history
⚠️ Primary Risks
- Leveraged investment risk: The fund's use of leverage can magnify gains and losses, leading to potentially significant volatility
- Tracking error risk: The fund may not perfectly track the 2x daily performance of the underlying index
- Derivative risk: The fund's use of derivatives, such as futures and swaps, carries additional risks
- Liquidity risk: The fund may have difficulty trading certain securities, especially if it has a small asset base
👤 Best For
This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged investing and are seeking short-term, speculative exposure to the performance of the Defiance Quantum Computing and Blockchain Index. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.
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