RGTZ
Defiance Daily Target 2X Short RGTI ETF
Distribution Rate *
Distribution Frequency
30-Day SEC Yield **
Daily Target 2X Short RGTI (Rigetti Computing) ETF
Overview
The Defiance Daily Target 2X Short RGTI ETF (RGTZ) provides investors with amplified inverse exposure to Rigetti Computing, Inc. (Nasdaq: RGTI), a pioneer in the emerging field of quantum computing. RGTZ seeks to deliver -200% of the daily performance of Rigetti’s stock, giving active traders a tactical vehicle to pursue enhanced downside exposure without the need for a margin account.
Investment Objective
The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Rigetti Computing, Inc. (Nasdaq: RGTI) The Fund does not seek to achieve its stated investment objective for a period other than a single trading day.
Underlying Stock: Rigetti Computing, Inc.
Rigetti Computing, Inc. is a quantum computing company developing integrated hardware and software platforms to advance the adoption of quantum computing. The company designs and fabricates superconducting quantum processors and delivers access to its systems through the cloud, enabling customers across industries such as finance, healthcare, and artificial intelligence to experiment with quantum computing as a service (QCaaS). Rigetti’s mission is to unlock practical applications of quantum technology for both commercial and research use cases.
An investment in RGTZ is not an investment in Rigetti Computing, Inc.
The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged inverse (-2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the inverse performance of the Underlying Security and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from -200% of the return of RGTI over the same period. It is possible investors could lose their entire principal within a single trading day.
RGTZMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Market Price (%) | 20.17% | 20.17% | 137.31% | xx.xx% | 31.35% |
| Total Return NAV (%) | 20.21% | 20.21% | 137.55% | xx.xx% | 32.15% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Market Price (%) | xx.xx% | -7.84% | xx.xx% | xx.xx% | 9.30% |
| Total Return NAV (%) | xx.xx% | -7.88% | xx.xx% | xx.xx% | 9.93% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Market Price (%) | xx.xx% | 114.27% | xx.xx% | xx.xx% | 18.60% |
| Total Return NAV (%) | xx.xx% | 114.50% | xx.xx% | xx.xx% | 19.33% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -44.65% |
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -44.37% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| 2025 | |
|---|---|
| Total Return NAV(%) | xx.xx% |
| Market Price (%) | xx.xx% |
Fund Details
Data as of 02/17/2026Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Cash & Other | Cash&Other | $1.00 | 297.26% | 144,640,152 | $144,640,152 |
| United States Treasury Bill 02/19/2026 | 912797PM3 | $100.00 | 2.06% | 1,004,000 | $1,004,000 |
| United States Treasury Bill 03/19/2026 | 912797PV3 | $99.72 | 0.53% | 260,000 | $259,268 |
| Rigetti Computing Inc Swap Nm | 76655K103-TRS-10/10/28-S-RGTZ | $16.18 | -31.09% | -935,000 | $-15,128,300 |
| Rigetti Computing Inc Swap Cantor | 76655K103-TRS-09/08/28-S-RGTZ | $16.18 | -46.02% | -1,383,827 | $-22,390,321 |
| Rigetti Computing Inc Swap Cs | 76655K103-TRS-11/16/27-S-RGTZ | $16.18 | -61.10% | -1,837,502 | $-29,730,782 |
| Rigetti Computing Inc Swap Marex | 76655K103-TRS-10/14/28-S-RGTZ | $16.18 | -61.75% | -1,856,872 | $-30,044,189 |
Distributions
Declaration Date |
Ex-Div Date |
Record Date |
Payable Date |
Amount ($) |
|---|---|---|---|---|
12/29/2026 |
12/30/2026 |
12/30/2026 |
12/31/2026 |
$– |
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| 12/30/2025 | 12/31/2025 | 12/31/2025 | 01/02/2025 | — |
| Distribution Rate *
Payable As of |
-% |
| Distribution Frequency | Monthly |
| 30-Day SEC Yield ** As of — |
-% |
