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Launched

Daily Target 2X Long RKLB ETF

RKLXNasdaqDefianceDThis 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.

$8.84−0.96 (−9.80%)

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

D35/ 100

Rank 301 of 380 in Single-Stock Long Leveraged

D35/100Rank 301 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 9.80 to 8.84. Range 8.37 to 9.84. Use the arrow keys to read each point.8.509.259.5010 AM12 PM2 PM4 PM
Expense ratio
1.63%
Fund size
$122M
1Y total return
−75.2%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
2.93M sh
52W range
low $8.15high $114.83
Launched

The ETF.net RKLX Grade

Based on 5 of 6 pillars

D

Score 35 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
301 of 380
Six-pillar profile for RKLX. Scores out of 100: Cost 2, Risk 38, Mission 93, Tradability 85, Holdings not scored, Durability 79. Strongest: Mission (93). Weakest: Cost (2). Based on 5 of 6 pillars.

Score 35 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.
    F2 out of 100
    Rank 371 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 53 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 228 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A85 out of 100
    Rank 30 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.
    A79 out of 100
    Rank 23 of 380

Our read on RKLX

ETF.net Research

In short

DOne ticker that turns Rocket Lab into a two-times day trade: RKLX targets 2x RKLB's daily move, resets every night, and charges 1.63%. Pure single-name space-launch leverage, built for days, not quarters.

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

  • Mechanically simple: derivatives sized to deliver twice RKLB's daily percentage change before fees and expenses, rebalanced each day. The fund has tracked that daily target closely.defianceetfs.com
  • Amplified Rocket Lab exposure without a margin account, just one ticker in a brokerage account. Defiance also runs a 2x short RKLB fund (RKLZ), so either direction is on the menu.nasdaq.cometfgi.com
  • Among the more actively traded single-stock leveraged funds, so getting in and out mid-session is usually the easy part.

Worth knowing

  • The 1.63% fee sits above the category median and well above top-scoring 2x single-stock peers such as OKTG (0.75%) and TSMG (0.76%).
  • Daily reset brings path dependency: over a choppy stretch, results can diverge meaningfully from twice RKLB's move across that same stretch.defianceetfs.com
  • One stock, doubled. Launch cadence, contracts and earnings at Rocket Lab drive the entire position, with no diversification to soften a rough day.

RKLX Performance

Launched Mar 12, 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.
RKLX$2,477
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. RKLX $2,477. SPY $11,199. Use the arrow keys to read each point.$10,000$20,000$30,000Oct 2025Apr 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 RKLX. Periods over one year show the average yearly return.
PeriodRKLX
Year to date−75.4%
1 month−42.8%
3 months−40.1%
1 year−75.2%
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 RKLX
YearReturn barRKLX
2026 YTD−75.4%
2025+653.8%

History from Mar 13, 2025

RKLX in the news

RKLX Dividends

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

$10,000 in RKLX 1 year ago paid $1,312 in dividends.

RKLX Risk

Risk pillarD38 out of 100Rank 228 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.
217.6%
Annualised · 19 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.
1.04
vs 3-month T-bills · 19 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.
−92.3%
19 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.
8.46
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.

RKLX Cost

Compare RKLX and GOGL

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

$23,938

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

  • RKLX 1.63%

    $28,093

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • RKLX 1.63%
  • 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$30K051015202530RKLX $28,093GOGL $4,155

Year by year

YearRKLXGOGLOverpaying
10$2,799$365$2,434
20$10,230$1,421$8,809
30$28,093$4,155$23,938

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