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Launched · SEC filings

Daily Target 2X Long RGTI ETF

RGTXNasdaqDefianceDThis 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.

$3.94−0.48 (−10.86%)

At close: Nov 2, 2026, 4:00 PM ET

D26/ 100

Rank 345 of 380 in Single-Stock Long Leveraged

D26/100Rank 345 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 4.42 to 3.94. Range 3.90 to 4.70. Use the arrow keys to read each point.4.204.6010 AM12 PM2 PM4 PM
Expense ratio
1.56%
Fund size
$25M
1Y total return
−98.3%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
1.03M sh
52W range
low $4.05high $259.65
Launched
Filings
SEC EDGAR

The ETF.net RGTX Grade

Based on 5 of 6 pillars

D

Score 26 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
345 of 380
Six-pillar profile for RGTX. Scores out of 100: Cost 3, Risk 17, Mission 97, Tradability 69, Holdings not scored, Durability 72. Strongest: Mission (97). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 26 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F3 out of 100
    Rank 366 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 19 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F17 out of 100
    Rank 347 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B69 out of 100
    Rank 87 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 55 of 380

Our read on RGTX

ETF.net Research

In short

DQuantum computing at double speed: RGTX aims for twice Rigetti Computing's daily move, no margin account required. The engine is swaps plus a daily reset, so it is built for short holding periods, and the 1.56% fee sits above the typical single-stock leveraged fund.

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

  • One ticker, two times the daily move in Rigetti Computing, a quantum computing pure play. No margin account, no options chain, no financing to roll yourself.nasdaq.com
  • Day to day it has stayed close to its stated 2x target, which is the whole job of a daily leveraged fund.
  • Volume is active for a fund launched in 2025, which matters when the holding period is measured in hours, not quarters.

Worth knowing

  • At 1.56% the fee runs above the typical single-stock leveraged fund, and above 2x peers like TSMG (0.76%) and OKTG (0.75%). No waiver is in place to trim it.
  • The 2x target resets daily. Hold through a choppy stretch and compounding can land you far from twice Rigetti's move over that stretch, in either direction.defianceetfs.com
  • Exposure comes from total return swaps on one stock, so you take on counterparty risk and the full swing of a single quantum computing name, with nothing else to cushion it.sec.gov

RGTX Holdings

Asset class
Other
Holdings
10
Top-10 weight
290%
Largest holding
United States Treasury Bill 11/19/202687.9%

Sectors

  • Technology100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUnited States Treasury Bill 11/19/202687.93%21,478,000$21.4M62
2No dataRigetti Computing Swap Cs-L42.35%917,863$10.3M2
3No dataRigetti Computing Inc Swap Jnst-L38.18%827,473$9.31M1
4No dataRigetti Computing Inc Swap Cantor31.90%691,285$7.78M1
5No dataRigetti Computing Swap Nbc-L31.20%676,213$7.61M1
6No dataRigetti Computing Swap Marex-L23.19%502,626$5.65M1
7No dataRigetti Computing Inc Swap Nomura16.61%359,902$4.05M1
8No dataRigetti Computing, Inc.-Swap-Mscs-L9.46%205,000$2.31M1
9No dataRigetti Computing Inc Swap Bmo7.68%166,542$1.87M1
10No dataFirst American Government Obligations Fund 12/01/20311.62%396,185$396K477

Showing 1–10 of 10 holdings

RGTX Performance

Launched Mar 31, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
RGTX$170
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. RGTX $170. SPY $11,199. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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−90.9%
1 month−52.8%
3 months−55.0%
1 year−98.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−90.9%
2025+152.9%

History from Apr 1, 2025

RGTX in the news

RGTX Dividends

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

$10,000 in RGTX 1 year ago paid $10.13 in dividends.

RGTX Risk

Risk pillarF17 out of 100Rank 347 of 368 in Single-Stock Long Leveraged

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.
232.0%
Annualised · 18 months to Oct 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.
0.37
vs 3-month T-bills · 18 months to Oct 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.
−99.1%
18 months · trough Oct 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.

FMP measures it over up to five years of monthly returns.

RGTX Cost

Compare RGTX and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$22,971

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RGTX 1.56%

    $27,126

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • RGTX 1.56%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530RGTX $27,126GOGL $4,155

Year by year

YearRGTXGOGLOverpaying
10$2,687$365$2,322
20$9,849$1,421$8,428
30$27,126$4,155$22,971

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