Defiance Daily Target 2X Short RKLB ETF (RKLZ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
4.11 USD
+0.38
(10.188%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.22 +0.11 (2.676%) ⇧ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:48 a.m. EDT
This instrument is a daily leveraged inverse ETF designed to bet against Rocket Lab, making it fundamentally unsuited for long-term holding due to the inevitable decay of daily rebalancing in volatile markets. The recent price action confirms this structural weakness: despite a massive 52-week range swing from $1.67 to $204, the asset has collapsed to trade near its lows, with the current price significantly below the 50-day and 200-day averages, indicating severe momentum exhaustion. While the short-term chart shows some erratic volatility recently, the underlying mechanics of a 2x short daily product ensure that any prolonged rally in the underlying stock will result in disproportionate losses here. With no dividend history and a business model reliant on continuous leverage rather than value creation, this security offers no floor for investors seeking capital preservation. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 1.186258 |
| AutoETS | 1.441718 |
| MSTL | 1.450836 |
| AutoARIMA | 1.451390 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 24% |
| H-stat | 0.66 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 1.26 |
| Attribute | Value |
|---|---|
| All Time High | 204.072 |
| All Time Low | 1.67 |
| Ask | 4.55 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 18,085,740 |
| Average Daily Volume3 Month | 16,676,721 |
| Average Volume | 16,676,721 |
| Average Volume10Days | 18,085,740 |
| Beta3 Year | 0.0 |
| Bid | 2.99 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 4.23 |
| Day Low | 3.83 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.21622 |
| Fifty Day Average Change | -0.10621977 |
| Fifty Day Average Change Percent | -0.025193129 |
| Fifty Two Week Change Percent | -97.724724 |
| Fifty Two Week High | 204.072 |
| Fifty Two Week High Change | -199.962 |
| Fifty Two Week High Change Percent | -0.97986007 |
| Fifty Two Week Low | 1.67 |
| Fifty Two Week Low Change | 2.44 |
| Fifty Two Week Low Change Percent | 1.4610779 |
| Fifty Two Week Range | 1.67 - 204.072 |
| First Trade Date Milliseconds | 1,763,476,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,763,337,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-11-18 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund, the management attempts to achieve 2 times the inverse (-200%) of the daily percentage change in the 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 Short RKLB ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1935140845 |
| Nav Price | 3.6136 |
| Net Assets | 14,818,888.0 |
| Net Expense Ratio | 1.29 |
| Open | 3.855 |
| Post Market Change | 0.10999966 |
| Post Market Change Percent | 2.6763906 |
| Post Market Price | 4.22 |
| Post Market Time | 1,783,987,132 |
| Previous Close | 3.73 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.38 |
| Regular Market Change Percent | 10.1877 |
| Regular Market Day High | 4.23 |
| Regular Market Day Low | 3.83 |
| Regular Market Day Range | 3.83 - 4.23 |
| Regular Market Open | 3.855 |
| Regular Market Previous Close | 3.73 |
| Regular Market Price | 4.11 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 10,044,735 |
| Short Name | Defiance Daily Target 2x Short |
| Source Interval | 15 |
| Symbol | RKLZ |
| Total Assets | 14,818,888 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -89.59689 |
| Trailing Three Month Returns | -89.59689 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.370064 |
| Two Hundred Day Average Change | -28.260063 |
| Two Hundred Day Average Change Percent | -0.87303084 |
| Type Disp | ETF |
| Volume | 10,044,735 |
| Ytd Return | -93.86741 |