Defiance Daily Target 2X Short RKLB ETF
RKLZ
NASDAQ Global Market- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Defiance Daily Target 2X Short RKLB ETF (RKLZ) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to -200% of the daily percentage change in the share price of Rocket Lab Corporation (Nasdaq: RKLB); the fund achieves this targeted inverse leveraged exposure through swap contracts, options, and other financial instruments rather than direct investment in RKLB shares. Launched on November 18, 2025, and issued under Tidal Trust II with Defiance ETFs as sponsor and Tidal Investments LLC as adviser, RKLZ targets sophisticated traders pursuing short-term bearish tactical positions on Rocket Lab, a provider of space launch services, spacecraft, and aerospace solutions; the fund carries high risks including leverage amplification, compounding effects over multi-day periods, potential full principal loss in a single day, counterparty default, and deviation from target exposure amid volatility. Defiance ETFs, founded in 2018 and headquartered in Miami, Florida, specializes in thematic, income, and single-stock leveraged/inverse ETFs listed on U.S. exchanges for retail and institutional investors focused on high-growth sectors like aerospace, technology, and energy. In recent developments, Defiance launched RKLZ as its first 2X short ETF on Rocket Lab to expand its lineup of single-stock leveraged products; earlier in 2025, the firm introduced multiple similar ETFs including IONZ (2X short IonQ), OKLL (2X long Oklo), SOUX (2X long SoundHound AI), VSTL (2X long Vistra), and YBMN (options income on BitMine), alongside a partnership with Milliman Financial Risk Management for the YBMN strategy. RKLZ operates exclusively in the U.S. market with no direct international geographic focus beyond the domestic listing and trading of its shares on Nasdaq.