Defiance Daily Target 2X Short Rgti ETF (RGTZ US)
RGTZ US$22.40
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 22.40
- Change
- ▲ 0.96 (4.48)
- Bid / Ask
- 21.15 - 21.49
- Volume
- 19,007
- Turnover
- 385,684
- Open
- 21.14
- Day Range
- 21.14 - 22.40
- VWAP
- 22.16
- Prev Close
- 21.44
- Last Trade
- 28/10 3:24pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$13.3M
OCT 2026
Distributions
Annually
Since inception
1.1 yrs
OCT 2025
- Legal name
- Defiance Daily Target 2X Short RGTI ETF
- Issuer
- Defiance ETFs LLC
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Trading--Inverse Equity
- Category index
- S&P 500 (TR) (1970)
- Benchmark
- N/A
- ETF net assets
- $13.3M
- Units on issue
- 517,983
- Management fee
- 1.29% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 8 OCT 2025
- Listed
- 9 OCT 2025
Objective and strategy
RGTI). 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.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity -152.71%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | -152.71 | 0.00 | 152.71 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 232.80 | 265.88 | 33.07 |
| Other | 19.90 | 66.91 | 47.01 |
Portfolio statistics · 20 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- -199.72%
Top holdings · top 10 = 100.00% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| RIGETTI COMPUTING INC SWAP CANTOR | -40.79 | SEP 2026 | -5.0M | USD | 315,661 | — | — | |
| RIGETTI COMPUTING INC SWAP CS | -39.71 | SEP 2026 | -4.8M | USD | 307,319 | — | — | |
| RIGETTI COMPUTING INC SWAP MAREX | -38.94 | SEP 2026 | -4.7M | USD | 301,368 | — | — | |
| RIGETTI COMPUTING SWAP JNST-S | -36.10 | — | -4.4M | USD | 279,398 | — | — | |
| RIGETTI COMPUTING INC SWAP NM | -35.92 | SEP 2026 | -4.4M | USD | 278,000 | — | — | |
| RIGETTI COMPUTING SWAP BMOB-S | -8.72 | — | -1.1M | USD | 67,500 | — | — | |
| First American Government Obligs X FGXXX | 6.94 | — | 845,694 | USD | 845,694 | — | United States | |
| Cash Offset | 213.31 | — | 26.0M | — | 26.0M | — | — | |
| OTHER ASSETS AND LIABILITIES | 87.76 | — | 10.7M | USD | 10.7M | — | — | |
| US DOLLARS | -7.84 | — | -955,470 | USD | 955,470 | — | — |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-9.8
3M
-17.2
6M
-88.6
YTD
-85.9
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -9.84 | -9.66 | -9.74 | — |
| 3 months | -17.18 | -16.82 | -16.91 | — |
| 6 months | -88.58 | -88.61 | -88.50 | — |
| Year to date | -85.94 | -85.87 | -85.80 | — |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
- Best quarter
- 138.31% · JAN 2026
- Worst quarter
- -86.17% · MAY 2026
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 1.29% p.a.
- PDS dated
- 28 AUG 2026
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
- Category average
- 15.88%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Christopher P. Mullen
- Stephen Foy
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 0.6 years
- Longest tenure
- 1.0 years
- Longest serving
- Stephen Foy · since 6 OCT 2025
- Most recent appointment
- Christopher P. Mullen · since 28 AUG 2026
- Managed since
- 6 OCT 2025
- Other funds managed
- 269
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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