Daily Target 2X Long RKLB ETF
RKLX
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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 234 West Florida Street Milwaukee NY United States of America 53204
- IPO Date
- Mar 13, 2025
- Website
- defianceetfs.com
- Similar Companies
- Business
- Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of Rocket Lab USA, Inc. (NASDAQ: RKLB), a leading aerospace company specializing in small satellite launch services via its Electron rocket, spacecraft manufacturing including the Photon platform, and development of the medium-lift Neutron rocket; the fund achieves its target through swap contracts with counterparties such as Clearstreet, Marex, Cantor, BMO, and Nomura, supplemented by holdings in U.S. Treasury bills and government obligations funds for collateral. Issued by Defiance ETFs, a provider of thematic, income, and leveraged exchange-traded funds founded in 2018 and headquartered in Miami, Florida, RKLX trades on the Nasdaq and targets sophisticated investors seeking amplified short-term tactical exposure to RKLB's performance in the space systems and launch industry, with operations primarily in the United States. The fund, which launched on March 12, 2025, under managers Qiao Duan and Christopher Mullen, had net assets of approximately $107.55 million as of recent data and pays monthly distributions, though it carries elevated risks due to leverage, volatility decay, and potential deviation from 2x returns over periods longer than one day. In recent developments, RKLX announced a 3-for-1 stock split effective December 9, 2025, with shares trading on a split-adjusted basis starting the following day to enhance liquidity and accessibility for investors. Defiance ETFs expanded its single-stock leveraged ETF suite in November 2025 with the launch of the complementary Defiance Daily Target 2X Short RKLB ETF (RKLZ), providing -200% daily exposure to RKLB for bearish tactical strategies, alongside other innovations like the Defiance BMNR Option Income ETF (YBMN) in partnership with Milliman Financial Risk Management for options overlay income on BitMine Immersion Technologies. Concurrently, underlying company Rocket Lab completed its $275 million acquisition of Geost, LLC in 2025, bolstering its electro-optical/infrared payload capabilities for U.S. national security space missions and positioning it for opportunities in initiatives like the Golden Dome missile defense program.