Which came closer to its stated multiple, RGTU or RGTZ?

Over the window to Sep 30, 2026, RGTU finished 9.8 points from what its multiple implies and RGTZ finished 53.5 points from its own, so RGTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are RGTU and RGTZ levered on the same thing?

Yes. Both are levered on Rigetti Computing, RGTU at +2 times and RGTZ at -2 times the daily move.

Which one decays faster, RGTU or RGTZ?

Decay follows how much the underlying moves about. Over this window RGTU’s moved at 78% annualized and RGTZ’s at 78%, so RGTU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold RGTU 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, RGTU or RGTZ?

RGTU charges 1.30% a year and RGTZ charges 1.83%, so RGTU is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

RGTU vs RGTZ: which held to its multiple?

Over three months against its own daily promise, RGTU finished 2.4 points short and RGTZ 10.3 points short. Tradr 2X Long RGTI Daily ETF and Defiance Daily Target 2X Short RGTI ETF.

−41.2%

RGTU returned, 3 months

−22.0%

RGTZ returned, 3 months

−9.8 pts

RGTU from its stated multiple

−53.5 pts

RGTZ from its stated multiple

RGTU · 3 months to Sep 30, 20269.8 pts short of its stated multiple

RGTU returned −41.2% while 2 times RGTI's move would have been −31.5%

RGTZ · 3 months to Sep 30, 202653.5 pts short of its stated multiple

RGTZ returned −22.0% while −2 times RGTI's move would have been +31.5%

ETFIQ Decay Resistance Score · RGTU scores higherDid it keep up with its own daily multiple, compounded day by day?

RGTU among the 470 leveraged ETFs, long, over three months

RGTU 56.1

0.1, the lowest in this set99.9, the highest

RGTZ among the 125 inverse ETFs over three months

RGTZ 2.8

0.4, the lowest in this set99.6, the highest

A percentile among the 470 leveraged ETFs, long, over three months. RGTZ is a percentile among the 125 inverse ETFs over three months, a different set, so the two marks are not on one scale. 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

	Total return		Multiple would give		Difference
Window	RGTU	RGTZ	RGTU	RGTZ	RGTU	RGTZ
1 month	−2.0%	−9.7%	+1.0%	−1.0%	−3.0 pts	−8.6 pts
3 months	−41.2%	−22.0%	−31.5%	+31.5%	−9.8 pts	−53.5 pts
6 months	−20.8%	−89.3%	+33.2%	−33.2%	−54.0 pts	−56.2 pts
1 year	−91.5%	not published	−94.3%	not published	+2.8 pts	not published
Since launch RGTU Jun 2025 · RGTZ Oct 2025	−57.4%	−81.3%	+73.7%	+133.2%	−131.1 pts	−214.4 pts

RGTU 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

RGTU

Tradr 2X Long RGTI Daily ETF · Aims to return twice the daily move of Rigetti Computing (RGTI)

RGTZ

Defiance Daily Target 2X Short RGTI ETF · Aims to return twice the opposite of the daily move of Rigetti Computing (RGTI)

Issuer Tradr Defiance

Sets out to return +2x -2x

Underlying asset RGTI RGTI

Segment company company

Fund returned, 3 months or since launch −41.2% −22.0%

Underlying returned, over that window −15.7% −15.7%

What the stated multiple implies, over that window −31.5% +31.5%

Difference from stated, over that window −9.8 pts −53.5 pts

Fund returned, 1 year or since launch −91.5% −81.3%

Difference from stated, over that window +2.8 pts −214.4 pts

Underlying volatility 78% 78%

Difference over the days both have traded −3.0 pts no shared window

Expense ratio 1.30% 1.83%

Launched Jun 24, 2025 Oct 9, 2025

Net assets $9m $12m

RGTU and RGTZ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

RGTU in plain words

Three months to Sep 30, 2026: RGTU returned −41.2% where its own daily promise gave −38.8%, 2.4 points short. Read the multiple against the whole window instead and 2 times RGTI's −15.7% implies −31.5%, which makes RGTU look 9.8 points short. 7.3 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. RGTU 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 78% 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.

Questions people ask

Which came closer to its stated multiple, RGTU or RGTZ?: Over the window to Sep 30, 2026, RGTU finished 9.8 points from what its multiple implies and RGTZ finished 53.5 points from its own, so RGTU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are RGTU and RGTZ levered on the same thing?: Yes. Both are levered on Rigetti Computing, RGTU at +2 times and RGTZ at -2 times the daily move.
Which one decays faster, RGTU or RGTZ?: Decay follows how much the underlying moves about. Over this window RGTU’s moved at 78% annualized and RGTZ’s at 78%, so RGTU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold RGTU 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, RGTU or RGTZ?: RGTU charges 1.30% a year and RGTZ charges 1.83%, so RGTU is cheaper. Fees come from each fund's prospectus.

Other comparisons

RGTU vs RGTX RGTU vs RGTC RGTZ vs RGTC RGTZ vs RGTX

RGTU on its own →RGTZ on its own →How every figure is computed →Standards and sources →

Where these figures came from

RGTU filings on SEC EDGAR ↗RGTU prospectus with the expense ratio (SEC) ↗Tradr website ↗RGTZ filings on SEC EDGAR ↗RGTZ prospectus with the expense ratio (SEC) ↗Defiance page for RGTZ ↗

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.

Cite this page

ETFIQ, RGTU against RGTZ, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/rgtu-vs-rgtz

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.