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RKLX

GradeDNASDAQ Global Select

Daily Target 2X Long RKLB ETF

Leveraged · Single-Stock Leveraged · Defiance · Inception 2025-03-12

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.

$17.79−0.62 (−3.37%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 13, 2025.
Intraday session: down, 59 prints from 18.41 to 17.79. Range 17.69 to 19.10. Use the arrow keys to read each point.$18.00$18.50$19.0010 AM12 PM2 PM4 PM
Expense ratio
1.63%
Fund size
$223M
1Y return
−32.0%
Yield · Last 12 months
Data unavailable
Holdings
11
Volume · 30D
3M sh
NAV per share
$17.42
52W range
low $13.29high $114.83

The ETF.net RKLX Grade

D

37/ 100

Rank 222 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for RKLX. Scores out of 100: Cost 5, Risk 43, Mission 93, Tradability 85, Holdings not scored, Durability 80. Strongest: Mission (93). Weakest: Cost (5). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 37 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 rank362/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 93
    Category rank73/147 · top 50%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank170/285 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 85
    Category rank36/380 · top 9%

  • 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 80
    Category rank20/380 · top 5%

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

Our read on RKLX

ETF.net Research

DRocket Lab's stock already swings like a launch vehicle. RKLX aims to double its daily move, up or down, and resets every morning, packing a leveraged space-launch position into one ordinary ticker.

Stated mandate

The Fund seeks daily results equal to two times the daily percentage change in Rocket Lab Corporation's share price, before fees and expenses.

Why people hold it

  1. 01Aims for two times Rocket Lab's daily percentage change before fees, in a regular brokerage ticker. No margin loan, no options chain, no rolling positions.
  2. 02Tracks its stated 2x daily target tightly, one of the cleaner implementations in a crowded single-stock leveraged field.
  3. 03Actively traded and among the easier funds in its group to get into and out of, which matters most for a product you may hold a day at a time.

Worth knowing

  1. 01The daily reset compounds. Hold longer than a session and results can drift well away from 2x Rocket Lab's move over that stretch, especially through choppy stretches.
  2. 02At 1.29% a year it runs above the typical fee in its cohort, and some 2x single-stock peers charge less (UNHG and ASMG at 0.75%).
  3. 03One stock, magnified: any Rocket Lab headline lands twice as hard here. The fund launched in 2025, so the track record is short.

RKLX Holdings

As of Sep 20, 2026, 5:08 AM
Asset class
Other
Holdings
11
Top-10 weight
286%
Largest holding
United States Treasury Bill 11/19/202678.4%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Bill 11/19/202678.40%151,000,000$150M48
002—ROCKET LAB CORP INC SWAP MS-L30.79%912,500$59M1
003—ROCKET LAB CORP SWAP CLEARSTREET29.46%873,254$56M1
004—ROCKET LAB CORP SWAP JNST-L26.83%795,155$51M1
005—ROCKET LAB USA MAREX25.94%768,838$50M1
006—ROCKET LAB CORP SWAP NOMURA25.43%753,591$49M1
007—ROCKET LAB CORP SWAP NBC-L25.41%753,047$49M1
008—ROCKET LAB CORP SWAP CANTOR25.17%745,984$48M1
009—ROCKET LAB CORP SWAP BMO11.00%325,917$21M1
010—First American Government Obligations Fund 12/01/20317.17%13,723,824$14M625

Showing 1–10 of 10 holdings

RKLX Performance

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

RKLX$6,796
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. RKLX $6,796. SPY $11,723. Use the arrow keys to read each point.$2,122$22,810$43,498Sep 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 RKLX. Periods over one year show the average yearly return.
PeriodRKLX
Year to date−53.7%
1 month−6.5%
3 months−59.5%
1 year−32.0%
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 RKLX
YearReturn barRKLX
2026 YTD−53.7%
2025+653.8%

History from Mar 13, 2025

RKLX in the news

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

RKLX 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
$5.95 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 $5.95. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$5.95

RKLX 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.
224.0%
Annualised · 17 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.
1.22
vs 3-month T-bills · 17 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.
−88.1%
18 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.
8.60
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.

RKLX Cost

Expense ratio1.63%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

RKLX costs $163.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.