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Defiance Daily Target 2X Long RKLB ETF (RKLX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
43.17 USD +1.82 (4.401%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 42.68 -0.49 (-0.490%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★★★★★ | Long-term: ☆☆☆☆☆ | Dividends: ★★★★★
Hot Take | April 18, 2026, 11:31 p.m. EDT

RKLX is a 2x leveraged ETF designed for daily gains, and the capital flows indicate a high-conviction, nearing-1-month bullish breakout. With the price surging from ~21 to >41 in 14 days (crossing the 16 to 42 panic button), extreme longing (OI/FV) at strikes 45, 50, 77+ shows the 'hot money' are not betting on a bounce but on a continuation rally. The 23% yield is purely mechanical tax-loss harvesting from the 20x/30x+ drops inherent in leveraged niece-of-a-exponential (2x) ETFs; it is not a distribution of earnings. This is a pure momentum vehicle currently priced for a parabolic expansion, with the market ignoring downside risk for tomorrow's upside.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.529533
MSTL0.563533
AutoTheta0.801307
AutoARIMA0.846186

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 50%
H-stat 2.83
Ljung-Box p 0.000
Jarque-Bera p 0.046
Excess Kurtosis 1.44

As of April 18, 2026, 11:31 p.m. EDT: Extreme bullish aggression in the options market. Call volume and Open Interest heavily skew OTM, with massive positioning at strikes ranging from 45 to 85 by Nov 2028, contrasting with almost zero defensive put activity. ATM IV understatement is severe (often 0%), while OTM strikes show price action elevating IV. The 4/17 expiration shows a 'Major OI Wall' at 40.0, acting as near-term support, with new flow pushing above 45. Deep OTM Feb/March strikes show 'Major OI Walls' (e.g., 77.0), indicating speculative narratives are priced at 2x+ returns. Put options are virtually non-existent for OTM strikes on near-term expirations, confirming a short-term gamma squeeze or momentum play where speculators are nearly alphas and are positioning for a sustained rally rather than volatility reversal.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 5.946 14.612928
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 23.18

Info Dump

Attribute Value
All Time High 78.0
All Time Low 3.814333
Ask 43.35
Ask Size 1
Average Daily Volume10 Day 3,241,840
Average Daily Volume3 Month 2,462,326
Average Volume 2,462,326
Average Volume10Days 3,241,840
Beta3 Year 0.0
Bid 43.0
Bid Size 1
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 45.35
Day Low 41.9861
Dividend Yield 23.18
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.9858
Fifty Day Average Change 10.184196
Fifty Day Average Change Percent 0.30874485
Fifty Two Week Change Percent 609.2552
Fifty Two Week High 78.0
Fifty Two Week High Change -34.83
Fifty Two Week High Change Percent -0.44653848
Fifty Two Week Low 5.781667
Fifty Two Week Low Change 37.388332
Fifty Two Week Low Change Percent 6.4667044
Fifty Two Week Range 5.781667 - 78.0
First Trade Date Milliseconds 1,741,872,600,000
Full Exchange Name NasdaqGM
Fund Family Defiance ETFs LLC
Fund Inception Date 1,741,737,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-13
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.
Long Name Defiance Daily Target 2X Long RKLB ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1916074834
Nav Price 43.1992
Net Assets 161,897,056.0
Net Expense Ratio 1.29
Open 42.4143
Post Market Change -0.48999786
Post Market Change Percent -1.1350425
Post Market Price 42.68
Post Market Time 1,776,470,392
Previous Close 41.35
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 1.82
Regular Market Change Percent 4.40145
Regular Market Day High 45.35
Regular Market Day Low 41.9861
Regular Market Day Range 41.9861 - 45.35
Regular Market Open 42.4143
Regular Market Previous Close 41.35
Regular Market Price 43.17
Regular Market Time 1,776,456,000
Regular Market Volume 3,157,457
Short Name Defiance Daily Target 2X Long R
Source Interval 15
Symbol RKLX
Total Assets 161,897,056
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -35.6309
Trailing Three Month Returns -35.6309
Triggerable 1
Two Hundred Day Average 35.447258
Two Hundred Day Average Change 7.72274
Two Hundred Day Average Change Percent 0.21786566
Type Disp ETF
Volume 3,157,457
Yield 0.2318
Ytd Return -35.6309