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ZETX

GradeBNew York Stock Exchange Arca

Daily Target 2X Long ZETA ETF

Leveraged · Defiance · Inception 2026-02-03

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.

$33.66−2.46 (−6.82%)

As of Aug 20, 2026, 3:59 PM EDT

History starts Feb 4, 2026.History starts Feb 4, 2026.
Intraday session: down, 20 prints from 36.12 to 33.66. Range 33.31 to 35.80. Use the arrow keys to read each point.$34.00$35.00$36.0010 AM12 PM2 PM4 PM
Expense ratio
1.31%
Fund size
$6M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
9
Volume · 30D
0.1M sh
NAV per share
$36.20
52W range
low $11.82high $39.23

The ETF.net ZETX Grade

B

55/ 100

Confidence High

Six-pillar profile for ZETX. Scores out of 100: Cost 27, Risk 71, Mission 97, Tradability 31, Holdings not scored, Durability 33. Strongest: Mission (97). Weakest: Cost (27). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 55 of 100 sits in the B 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.
    DScore 27
    —

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 97
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 71
    —

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 31
    —

  • 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.
    DScore 33
    —

Graded as of Aug 20, 2026 · Based on 5 of 6 pillars

Our read on ZETX

ETF.net Research

BThe leveraged single-stock shelf is stacked with mega-caps. ZETX goes the other way: two times the daily move in Zeta Global, a mid-cap AI marketing software name, in one ordinary brokerage ticker.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in Zeta Global Holdings Corp. – Class A's share price. It targets this result for a single trading day.

Why people hold it

  1. 01One job, done plainly: it aims for 200% of Zeta Global's daily percentage move, no margin account or options chain required.defianceetfs.com
  2. 02Day to day, it has stayed close to the 2x daily target it advertises, which is the whole point of a tool like this.
  3. 03Launched in 2026 as the first 2x long ETF on Zeta Global, the leveraged wrapper on a name the big single-stock lineups skipped.natlawreview.com
  4. 04Standard 1940 Act fund structure, traded in a regular brokerage account like any other ETF share.defianceetfs.com

Worth knowing

  1. 01At 1.31% a year it costs more than the typical 2x single-stock fund, and well above cheaper shelf-mates like UNHG and ASMG at 0.75%.
  2. 02The 2x target resets every day. Hold past one session and compounding takes over, so multi-day results can land far from twice ZETA's move, up or down.natlawreview.com
  3. 03A small fund on a mid-cap stock trades thinner than the mega-cap-linked names, which can mean wider spreads and less staying power than the shelf giants.

ZETX Holdings

As of Aug 20, 2026, 3:29 PM
Asset class
Stocks
Holdings
9
Top-10 weight
224%
Largest holding
ZETA GLOBAL HOLDINGS CORP.-SWAP-JNST-L34.9%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ZETA GLOBAL HOLDINGS CORP.-SWAP-JNST-L34.91%74,592$2M—
002—ZETA GLOBAL SWAP MAREX-L34.06%72,775$2M—
003—ZETA GLOBAL SWAP CS-L33.40%71,373$2M—
004—ZETA GLOBAL HOLDINGS CORP.-SWAP-NBCB-L33.00%70,518$2M—
005—ZETA GLOBAL SWAP NOMURA-L32.54%69,527$2M—
006—ZETA GLOBAL SWAP CF-L32.11%68,603$2M—
007—First American Government Obligations Fund 12/01/203112.87%791,496$791K—
008—United States Treasury Bill 08/27/202611.16%687,000$687K—

Showing 1–8 of 8 holdings

ZETX Performance

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

Performance data is unavailable.

Returns run to the last market 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 ZETX. Periods over one year show the average yearly return.
PeriodZETX
Year to dateHistory unavailable—
1 monthHistory unavailable—
3 monthsHistory unavailable—
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

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 return data is unavailable.

ZETX in the news

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

ZETX 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 unavailableLast 12 months
Payout per share
Data unavailableLast 12 months

Distribution data unavailable.

ZETX 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.
—
No data available
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.
—
No data available
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.
—
No data available
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.
3.91
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.

ZETX Cost

Expense Ratio
1.31%