Daily Target 2X Long RGTI ETF
RGTX
NASDAQ Global Select- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 4350 La Jolla Village Drive, Suite 670 San Diego CA United States of America 92122
- IPO Date
- Apr 1, 2025
- Website
- defianceetfs.com
- Similar Companies
- Business
- Defiance Daily Target 2X Long RGTI ETF (RGTX) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of two times (2X) the daily percentage change of Rigetti Computing, Inc. (NASDAQ: RGTI) common stock. The fund employs a synthetic leveraged strategy utilizing swap agreements and other instruments to achieve its targeted 200% daily long exposure to RGTI's share price performance; it does not invest directly in RGTI stock or any other securities. RGTX forms part of Defiance ETFs' suite of single-stock leveraged and inverse products focused on high-growth technology and thematic sectors. Launched in 2024 by Defiance ETFs, headquartered in New York, New York, the fund targets sophisticated investors seeking amplified exposure to Rigetti Computing, a quantum computing pioneer, amid expanding interest in quantum technologies for applications in cryptography, drug discovery, and artificial intelligence. The ETF operates primarily in the United States, listed on the Nasdaq Stock Market, with no international geographic footprint beyond U.S. investor access. Defiance ETFs, the issuer, specializes in innovative ETFs including target outcome strategies, sector rotations, and volatility-linked products such as the Defiance Daily Target 2X Long MSTR ETF and Quantum ETF. In late 2025, Defiance ETFs expanded its single-stock leveraged lineup with the introduction of RGTX, capitalizing on surging investor enthusiasm for quantum computing leaders like Rigetti amid breakthroughs in qubit scaling and hybrid quantum-classical systems. This launch follows a series of strategic product rollouts, including enhancements to existing 1.5X and 2X funds, positioning Defiance as a leader in niche leveraged equity exposure without notable acquisitions, partnerships, or reorganizations reported in the prior two years. The fund's debut reflects broader market shifts toward precision-themed investing in frontier technologies.