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Defiance Daily Target 2X Long RKLB ETF (RKLX)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
15.31 USD -1.55 (-9.193%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 15.36 +0.05 (0.326%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 5:30 a.m. EDT

This instrument is a classic leveraged ETF designed for short-term trading, not long-term holding. The underlying asset, Rocket Lab (RKLB), has suffered a catastrophic multi-year decline, dropping nearly 90% from its highs, which fundamentally disqualifies it as a 'buy and hold' vehicle despite any recent recovery in the parent company's stock. The massive dividend yield of 36% is an illusion; it is the result of the fund's daily rebalancing mechanics on a depreciating asset, effectively returning capital to investors as the principal erodes. While the recent price action shows a sharp bounce, the technicals remain deeply broken, trading far below key moving averages. The options market confirms this uncertainty, with traders buying insurance against a total collapse while simultaneously betting on a moonshot rally, creating a volatile environment unsuitable for standard investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.830877
AutoETS0.832819
MSTL0.876378
AutoTheta0.968659

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 24%
H-stat 20.13
Ljung-Box p 0.000
Jarque-Bera p 0.178
Excess Kurtosis -1.36

As of Aug. 22, 2026, 5:30 a.m. EDT: Speculators are positioning aggressively for volatility rather than a specific directional outcome. Call Open Interest is heavily skewed out-of-the-money (OTM) across all expirations, with massive walls at strikes like $60, $80, and $124, suggesting bets on a massive gap-up event. Conversely, Put Open Interest is concentrated deep OTM ($72, $80, $90) and ATM, indicating hedging against a crash or a bet on a severe drop. The implied volatility surface shows significant spikes at extreme strikes (deep ITM puts and deep OTM calls), confirming that the market is pricing in a binary, high-volatility event rather than a steady trend.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 5.946 14.612928
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 36.26

Info Dump

Attribute Value
All Time High 114.83
All Time Low 3.814333
Ask 26.39
Ask Size 2
Average Daily Volume10 Day 1,609,950
Average Daily Volume3 Month 2,918,748
Average Volume 2,918,748
Average Volume10Days 1,609,950
Beta3 Year 0.0
Bid 16.46
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.51
Day Low 14.86
Dividend Yield 36.26
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 26.0322
Fifty Day Average Change -10.722199
Fifty Day Average Change Percent -0.4118822
Fifty Two Week Change Percent -48.40355
Fifty Two Week High 114.83
Fifty Two Week High Change -99.520004
Fifty Two Week High Change Percent -0.8666725
Fifty Two Week Low 13.291
Fifty Two Week Low Change 2.019
Fifty Two Week Low Change Percent 0.15190731
Fifty Two Week Range 13.291 - 114.83
First Trade Date Milliseconds 1,741,872,600,000
Full Exchange Name NasdaqGM
Fullday Change -1.55
Fullday Change Percent -9.19336
Fullday Price 15.3599
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 CLOSED
Max Age 86,400
Message Board Id finmb_1916074834
Nav Price 16.2453
Net Assets 164,335,248.0
Net Expense Ratio 1.63
Open 16.51
Post Market Change 0.049900055
Post Market Change Percent 0.3259311
Post Market Price 15.3599
Post Market Time 1,787,961,548
Previous Close 16.86
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.55
Regular Market Change Percent -9.19336
Regular Market Day High 16.51
Regular Market Day Low 14.86
Regular Market Day Range 14.86 - 16.51
Regular Market Open 16.51
Regular Market Previous Close 16.86
Regular Market Price 15.31
Regular Market Time 1,787,947,200
Regular Market Volume 1,959,718
Short Name Defiance Daily Target 2X Long R
Source Interval 15
Symbol RKLX
Total Assets 164,335,248
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -58.64748
Trailing Three Month Returns -58.64748
Triggerable 1
Two Hundred Day Average 39.761593
Two Hundred Day Average Change -24.451591
Two Hundred Day Average Change Percent -0.614955
Type Disp ETF
Volume 1,959,718
Yield 0.36259997
Ytd Return -58.85372