Data as of .
RGTX vs RGTZ: which held to its multiple?
Over three months against its own daily promise, RGTX finished 5.1 points short and RGTZ 14.3 points short.
ETFIQ Decay Resistance Score: RGTX scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| RGTX | RGTZ | RGTX | RGTZ | RGTX | RGTZ | |
| 1 month | −36.6% | +22.7% | −34.2% | +34.2% | −2.4 pts | −11.5 pts |
| 3 months | −60.4% | −2.4% | −54.4% | +54.4% | −6.0 pts | −56.8 pts |
| 6 months | −55.4% | −84.5% | −11.1% | +11.1% | −44.3 pts | −95.7 pts |
| 1 year | −81.8% | not published | −17.0% | not published | −64.8 pts | not published |
| Since launch | −52.5% | −78.8% | +191.0% | +135.2% | −243.5 pts | −214.0 pts |
| RGTX Defiance Daily Target 2X Long RGTI ETF Aims to return twice the daily move of RGTI | RGTZ Defiance Daily Target 2X Short RGTI ETF Aims to return twice the opposite of the daily move of RGTI | |
|---|---|---|
| Issuer | Defiance | Defiance |
| Sets out to return | +2x | -2x |
| On | RGTI | RGTI |
| Segment | company | company |
| Fund returned, 3 months | −60.4% | −2.4% |
| Underlying returned, 3 months | −27.2% | −27.2% |
| What the stated multiple implies, 3 months | −54.4% | +54.4% |
| Difference from stated, 3 months | −6.0 pts | −56.8 pts |
| Fund returned, 1 year or since launch | −81.8% | −78.8% |
| Difference from stated, over that window | −64.8 pts | −214.0 pts |
| Underlying volatility | 83% | 83% |
| Difference over the days both have traded | −2.4 pts | no shared window |
| Expense ratio | 1.56% | 1.83% |
| Launched | Apr 1, 2025 | Oct 9, 2025 |
RGTX in plain words
Three months to Sep 11, 2026: RGTX returned −60.4% where its own daily promise gave −55.3%, 5.1 points short. Read the multiple against the whole window instead and +2 times RGTI's −27.2% implies −54.4%, which makes RGTX look 6.0 points short. 0.9 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. RGTX aims to return +2 times RGTI's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. RGTI moved at 83% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
RGTZ in plain words
Three months to Sep 11, 2026: RGTZ returned −2.4% where its own daily promise gave +11.9%, 14.3 points short. Read the multiple against the whole window instead and −2 times RGTI's −27.2% implies +54.4%, which makes RGTZ look 56.8 points short. 42.5 of that is daily compounding, which happens to any −2 times fund over the same path, and the rest is the fund. RGTZ aims to return -2 times RGTI's move each day, then resets. Over longer, the daily results compound, so the total is not -2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more.
Questions people ask
- Which came closer to its stated multiple, RGTX or RGTZ?
- Over the window to Sep 11, 2026, RGTX finished 6.0 points from what its multiple implies and RGTZ finished 56.8 points from its own, so RGTX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are RGTX and RGTZ levered on the same thing?
- Yes. Both are levered on RGTI, RGTX at +2 times and RGTZ at -2 times the daily move.
- Which one decays faster, RGTX or RGTZ?
- Decay follows how much the underlying moves about. Over this window RGTX’s moved at 83% annualized and RGTZ’s at 83%, so RGTX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold RGTX or RGTZ for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
- Which is cheaper, RGTX or RGTZ?
- RGTX charges 1.56% a year and RGTZ charges 1.83%, so RGTX is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, RGTX against RGTZ, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/RGTX-RGTZ Free to use with attribution; the underlying files are at Open data.