Defiance Daily Target 2X Short RGTI ETF (RGTZ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
5.47 USD
+0.66
(13.721%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 5.55 +0.08 (1.463%) ⇧ (July 13, 2026, 7:55 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:24 a.m. EDT
This is a newly launched leveraged inverse ETF tracking Rigetti Computing, meaning it has no historical price trajectory to evaluate long-term performance or validate the underlying business's resilience. The recent price action shows a volatile recovery from lows, but the massive gap between the current price (~$4.80) and the fifty-two-week high ($37.48) highlights the extreme risk of holding a leveraged product during a sector rout. The options market confirms this uncertainty: traders are buying deep out-of-the-money calls and puts, betting on a binary 'moonshot' or total wipeout, while ignoring the intermediate probabilities. With zero dividends and a brand-new structure, this is purely a speculative vehicle for those willing to gamble on a quantum computing miracle, offering no safety margin or income floor. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 1.016853 |
| AutoTheta | 1.019516 |
| MSTL | 1.025652 |
| AutoETS | 1.035657 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 17% |
| H-stat | 19.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.023 |
| Excess Kurtosis | -1.68 |
As of July 11, 2026, 6:24 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. In the near term (July/August), there is heavy open interest in deep out-of-the-money calls (strikes like $24) with massively inflated implied volatility, suggesting a bet on a massive gap-up event. Conversely, deep out-of-the-money puts show significant open interest, indicating a hedge against a crash. The lack of meaningful volume in these far-dated strikes suggests these are speculative bets on binary outcomes (e.g., a quantum computing breakthrough or failure) rather than standard trend trading.
| Attribute | Value |
|---|---|
| All Time High | 37.48 |
| All Time Low | 2.24 |
| Ask | 5.53 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 6,584,100 |
| Average Daily Volume3 Month | 13,900,639 |
| Average Volume | 13,900,639 |
| Average Volume10Days | 6,584,100 |
| Beta3 Year | 0.0 |
| Bid | 4.03 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.5988 |
| Day Low | 4.95 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.34034 |
| Fifty Day Average Change | -0.87034035 |
| Fifty Day Average Change Percent | -0.13727029 |
| Fifty Two Week Change Percent | -70.81311 |
| Fifty Two Week High | 37.48 |
| Fifty Two Week High Change | -32.01 |
| Fifty Two Week High Change Percent | -0.85405546 |
| Fifty Two Week Low | 2.24 |
| Fifty Two Week Low Change | 3.2299998 |
| Fifty Two Week Low Change Percent | 1.4419641 |
| Fifty Two Week Range | 2.24 - 37.48 |
| First Trade Date Milliseconds | 1,760,016,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,759,881,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-09 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The management has adopted a policy to have at least 80% of fund's net assets, plus borrowings for investment purposes, in financial instruments with economic characteristics that should provide 2 times the inverse exposure to the daily performance of the underlying security. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Short RGTI ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1948344249 |
| Nav Price | 4.5785 |
| Net Assets | 24,228,468.0 |
| Net Expense Ratio | 1.29 |
| Open | 5.01 |
| Post Market Change | 0.0800004 |
| Post Market Change Percent | 1.4625303 |
| Post Market Price | 5.55 |
| Post Market Time | 1,783,986,918 |
| Previous Close | 4.81 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.66 |
| Regular Market Change Percent | 13.7214 |
| Regular Market Day High | 5.5988 |
| Regular Market Day Low | 4.95 |
| Regular Market Day Range | 4.95 - 5.5988 |
| Regular Market Open | 5.01 |
| Regular Market Previous Close | 4.81 |
| Regular Market Price | 5.47 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 3,834,021 |
| Short Name | Defiance Daily Target 2x Short |
| Source Interval | 15 |
| Symbol | RGTZ |
| Total Assets | 24,228,468 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -86.20878 |
| Trailing Three Month Returns | -86.20878 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.711313 |
| Two Hundred Day Average Change | -11.241314 |
| Two Hundred Day Average Change Percent | -0.67267686 |
| Type Disp | ETF |
| Volume | 3,834,021 |
| Ytd Return | -83.02026 |