RGTX ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
The Defiance Daily Target 2X Long RGTI ETF (RGTX) is a leveraged product that seeks to deliver twice the daily price return of Rigetti Computing, making it a noteworthy pick for investors interested in quantum computing stocks and short-term trading.
SubscribeWhat Is the Defiance Daily Target 2X Long RGTI ETF?
It is a single-stock leveraged ETF that seeks to deliver twice the daily price return of Rigetti Computing (RGTI). It is an actively managed product that rebalances to its target leverage on a daily basis using derivatives such as swaps and options.
It is well suited for short-term traders looking to bet on Rigetti Computing's near-term price action, and is not appropriate for long-term holding.
It is an actively managed ETF operated by Defiance.
How to Invest in the Defiance Daily Target 2X Long RGTI ETF
| Item | Details |
|---|---|
| Underlying Security | Rigetti Computing (RGTI) |
| Management Style | Active (daily 2x tracking) |
| Rebalancing Frequency | Daily |
| Distribution Frequency | Non-scheduled distributions |
| Total Expense Ratio | 1.56% |
The strategy uses derivatives such as swap agreements and listed options to rebalance daily to twice the daily price return of Rigetti Computing common stock. Due to compounding effects, returns for holding periods longer than one day may differ from the target leverage, making this product specialized for short-term trading purposes.
- Single-stock leveraged structure providing concentrated exposure to Rigetti Computing
- Active derivatives strategy rebalanced on a daily basis
Size and Cost of the Defiance Daily Target 2X Long RGTI ETF (AUM · Expense Ratio)
Assets under management (AUM) stand at $24.9M, and the total expense ratio is 1.56% annually.
Unlike other leveraged ETFs in the same category, it offers no index or sector diversification, concentrating exposure entirely in Rigetti Computing.
Performance and Flows of the Defiance Daily Target 2X Long RGTI ETF
1-Year Price Performance
Dividend & Yield
52-Week Price RangePerformance is tightly linked to Rigetti Computing's price action, resulting in very high volatility, with sharp short-term swings in the underlying security being amplified, producing moves tailored to directional bets.
Investor appetite for the quantum computing theme and Rigetti Computing's own news flow drive large swings in fund flows, and demand from short-term traders largely dictates capital movement given the product's leveraged nature.
Strengths and Weaknesses of the Defiance Daily Target 2X Long RGTI ETF
It offers the prospect of amplified gains on short-term upside in Rigetti Computing, but also carries heightened risk of loss from volatility and compounding effects.
💪 Key Strengths
⚠️ Points to Watch
Alternative ETFs and Related Products to the Defiance Daily Target 2X Long RGTI ETF
Leveraged ETFs such as TQQQ, SOXL, and QLD shown in the comparison table are diversified across indices and sectors, whereas this product is concentrated in a single stock, Rigetti Computing. Among other products tracking Rigetti Computing, investors can also consider RGTU, which uses the same 2x long structure; RGTZ, an inverse product for bearish bets; and RGYY, an options-based income-oriented product.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 TQQQ | ProShares UltraPro QQQ 3x Shares | $59.46 | -4.1% | $33.0B | 0.78% | 0.82% | +1.9% |
 SOXL | Direxion Daily Semiconductor Bull 3X ETF | $68.17 | -11.5% | $18.3B | 0.75% | 0.14% | +42.7% |
 QLD | ProShares Ultra QQQ 2x Shares | $80.30 | -2.8% | $13.3B | 0.89% | 0.15% | +7.4% |
 SSO | ProShares Ultra S&P500 2x Shares | $67.02 | -1.0% | $8.5B | 0.84% | 0.71% | +14.8% |
 SPXL | Direxion Daily S&P 500 Bull 3X ETF | $266.32 | -1.5% | $6.7B | 0.84% | 0.55% | +18.8% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 USLM | United States Lime & Minerals Inc | 0.49% | $118.99 | +6.6% | $3.4B | 25.6 | 0.2% |
 BNO | United States Brent Oil Fund LP | 0.15% | $65.95 | -7.6% | $0.0M | - | - |
 FAF | First American Financial Corp | 0.09% | $66.16 | +3.7% | $6.8B | 9.3 | 3.51% |
Investor Checklist for the Defiance Daily Target 2X Long RGTI ETF
Before investing in RGTX, consider these points. Given the single-stock leveraged structure, holding period and volatility management are critical, and reviewing the items below in advance is advisable.
| Checklist Item | What to Verify | Current Status |
|---|---|---|
| 💵 Expense Ratio | Assess the cumulative cost impact over longer holding periods | Annual expense applied |
| ⏱ Holding Period | Confirm suitability for short-term trading given the daily-rebalanced nature | Short-term holding recommended |
| 📈 Volatility | Potential for amplified losses from sharp moves in the underlying security | High volatility persists |
| 🎯 Underlying Concentration | Assess exposure to single-stock risk in Rigetti Computing | Non-diversified structure |
When held for more than one day, compounding effects can cause actual returns to diverge materially from the target leverage, as single-company risk in Rigetti Computing and the volatility of the leveraged structure work simultaneously.
It is a suitable product for traders seeking amplified exposure to short-term moves in Rigetti Computing; for bearish exposure, consider RGTZ, and a cautious approach is advised for long-term holding purposes.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
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