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RGTX

GradeDNASDAQ Global Select

Daily Target 2X Long RGTI ETF

Leveraged · Single-Stock Leveraged · Defiance · Inception 2025-03-31

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$10.04−0.44 (−4.20%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Apr 1, 2025.
Intraday session: down, 59 prints from 10.48 to 10.04. Range 9.93 to 11.73. Use the arrow keys to read each point.$10.50$11.00$11.5010 AM12 PM2 PM4 PM
Expense ratio
1.56%
Fund size
$46M
1Y return
−92.3%
Yield · Last 12 months
Data unavailable
Holdings
11
Volume · 30D
1.4M sh
NAV per share
$10.52
52W range
low $7.69high $501.80

The ETF.net RGTX Grade

D

25/ 100

Rank 278 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for RGTX. Scores out of 100: Cost 5, Risk 19, Mission 94, Tradability 56, Holdings not scored, Durability 74. Strongest: Mission (94). Weakest: Cost (5). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 25 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 5
    Category rank360/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 94
    Category rank62/147 · top 42%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 19
    Category rank278/285 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 56
    Category rank147/380 · top 39%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 74
    Category rank46/380 · top 12%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on RGTX

ETF.net Research

DThe first ETF to bolt 2x daily leverage onto Rigetti Computing, out months before anyone else tried it. One volatile quantum-computing stock, doubled each day, reset every close, no margin account needed.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in the share price of Rigetti Computing, Inc.

Why people hold it

  1. 01Defiance got here first. RGTX listed in spring 2025, nearly three months before the next 2x Rigetti fund, and it trades actively rather than sitting as a ghost listing.nasdaq.comprnewswire.com
  2. 02The machinery does what the label says: two times Rigetti's daily percentage move, with tracking that has stayed tight against that target and ranks among the better builds in its leveraged single-stock group.
  3. 03Leverage in a plain wrapper. It is a registered 1940 Act fund, so the amplified exposure arrives without a margin account or options approval.nasdaq.com

Worth knowing

  1. 01You pay up for the niche: 1.29% a year, above the roughly 1.01% typical of leveraged single-stock funds and well above 0.75% builds like AMDG or ASMG (different underlying stocks).
  2. 02The 2x target applies to one day only. The fund resets at each close, so over longer stretches, especially choppy ones, results can drift far from twice the stock's move.defianceetfs.com
  3. 03Concentration squared: a single quantum-computing stock that swings hard on its own, then doubled in both directions. Among the more volatile profiles even in a leveraged cohort.

RGTX Holdings

As of Sep 20, 2026, 5:08 AM
Asset class
Other
Holdings
11
Top-10 weight
250%
Largest holding
United States Treasury Bill 11/19/202646.6%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 11/19/202646.59%19,750,000$20M48
002—RIGETTI COMPUTING, INC.-SWAP-MSCS-L28.81%770,000$12M1
003—RIGETTI COMPUTING SWAP CS-L27.29%729,290$11M2
004—RIGETTI COMPUTING SWAP MAREX-L27.14%725,464$11M1
005—RIGETTI COMPUTING INC SWAP JNST-L26.70%713,737$11M1
006—RIGETTI COMPUTING INC SWAP NOMURA26.35%704,253$11M1
007—RIGETTI COMPUTING INC SWAP CANTOR25.05%669,493$11M1
008—RIGETTI COMPUTING SWAP NBC-L24.81%663,248$10M1
009—RIGETTI COMPUTING INC SWAP BMO14.01%374,332$6M1
010—First American Government Obligations Fund 12/01/20313.43%1,446,359$1M625

Showing 1–10 of 10 holdings

RGTX Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RGTX$769
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RGTX $769. SPY $11,723. Use the arrow keys to read each point.$-2,140$17,516$37,171Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RGTX. Periods over one year show the average yearly return.
PeriodRGTX
Year to date−78.4%
1 month−20.4%
3 months−55.0%
1 year−92.3%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RGTX
YearReturn barRGTX
2026 YTD−78.4%
2025+152.9%

History from Apr 1, 2025

RGTX in the news

ETF.net Research hasn’t filed on RGTX yet — coverage lands here as it’s written.

RGTX Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.26 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.26. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.26

RGTX Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
240.2%
Annualised · 16 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.59
vs 3-month T-bills · 16 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−98.3%
17 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
9.69
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RGTX Cost

Expense ratio1.56%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

308 of the 329 Single-Stock Long Leveraged funds charge less.

RGTX costs $156.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.