RGTC vs RGTZ: which held to its multiple?
Over a month against its own daily promise, RGTC finished 0.8 points short and RGTZ 3.0 points short. Corgi RGTI 2x Daily ETF and Defiance Daily Target 2X Short RGTI ETF.
RGTC returned −1.6% while 2 times RGTI's move would have been +1.0%
RGTZ returned −22.0% while −2 times RGTI's move would have been +31.5%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | RGTC | RGTZ | RGTC | RGTZ | RGTC | RGTZ |
| 1 month | −1.6% | −9.7% | +1.0% | −1.0% | −2.6 pts | −8.6 pts |
| 3 months | not published | −22.0% | not published | +31.5% | not published | −53.5 pts |
| 6 months | not published | −89.3% | not published | −33.2% | not published | −56.2 pts |
| Since launch RGTC Jul 2026 · RGTZ Oct 2025 | −18.7% | −81.3% | −4.6% | +133.2% | −14.1 pts | −214.4 pts |
RGTC and RGTZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
RGTC and RGTZ on the same fields, as of Sep 30, 2026. Source: ETFIQ.
RGTC in plain words
One month to Sep 30, 2026: RGTC returned −1.6% where its own daily promise gave −0.8%, 0.8 points short. Read the multiple against the whole window instead and 2 times RGTI's 0.5% implies +1.0%, which makes RGTC look 2.6 points short. 1.8 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RGTC 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 48% 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 30, 2026: RGTZ returned −22.0% where its own daily promise gave −11.7%, 10.3 points short. Read the multiple against the whole window instead and −2 times RGTI's −15.7% implies +31.5%, which makes RGTZ look 53.5 points short. 43.2 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. RGTI moved at 78% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, RGTC or RGTZ?
- Over the window to Sep 30, 2026, RGTC finished 2.6 points from what its multiple implies and RGTZ finished 53.5 points from its own, so RGTC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are RGTC and RGTZ levered on the same thing?
- Yes. Both are levered on Rigetti Computing, RGTC at +2 times and RGTZ at -2 times the daily move.
- Which one decays faster, RGTC or RGTZ?
- Decay follows how much the underlying moves about. Over this window RGTC’s moved at 48% annualized and RGTZ’s at 78%, so RGTZ has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold RGTC 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.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, RGTC against RGTZ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtc-vs-rgtz
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, RGTC against RGTZ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtc-vs-rgtz Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, RGTC against RGTZ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtc-vs-rgtz
- APA
- ETFIQ. (Sep 30, 2026). RGTC against RGTZ. Retrieved from https://etfiq.com/compare/leverage/rgtc-vs-rgtz
- Markdown
- [RGTC against RGTZ (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/rgtc-vs-rgtz)