RKLX

Defiance Daily Target 2X Long RKLB ETF

$67.57

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Defiance Daily Target 2X Long RKLB ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Rocket Lab USA, Inc.

Overview

ETF tracking Defiance Daily Target 2X Long RKLB ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-13

Market Cap $65.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $14.97 - $170.26

VWAP $66.42

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Defiance Daily Target 2X Long RKLB ETF seeks to provide daily investment results that correspond to two times (2x) the daily performance of the common stock of Rocket Lab USA, Inc.

🎯 Investment Strategy

The ETF uses a combination of financial instruments, such as futures contracts and swaps, to gain leveraged exposure to the underlying stock. It rebalances its portfolio daily to maintain the 2x leverage target.

✨ Key Features

Provides 2x daily leveraged exposure to Rocket Lab USA, Inc. stock
Rebalances portfolio daily to maintain targeted leverage
Designed for short-term, speculative trading rather than long-term investment
Has a high degree of risk and volatility due to the leveraged nature of the strategy

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily gains or losses that may not reflect the underlying stock's performance
Tracking error risk, where the fund's returns may not precisely match 2x the daily returns of the target stock
Liquidity risk, as the fund may have limited trading volume and market maker support

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who understand the risks of leveraged trading and are seeking short-term, speculative exposure to Rocket Lab USA, Inc. stock. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.