# RKTL (Defiance Daily Target 2X Long RKT ETF)

Defiance · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: RKTL returned +4.1% where its own daily promise gave −6.0%, 10.1 points over.

## Key facts

- RKTL, what RKT did: +0.8%, as of Sep 11, 2026.
- RKTL, what +2 times a day gives: −6.0%, as of Sep 11, 2026.
- RKTL, what the fund returned: +4.1%, as of Sep 11, 2026.
- RKTL, the fund itself added: +10.1 pts, as of Sep 11, 2026.
- RKTL, net assets: $2m (source, as filed for Apr 30, 2026).
- RKTL, expense ratio: 1.31% (485BPOS XBRL, Dec 23, 2025).

## RKTL over each window to Sep 11, 2026

| Window | Fund | RKT | +2x the move | Difference | RKT moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −0.1% | −6.2% | −12.4% | +12.3 pts | 49% |
| 3 months | +4.1% | +0.8% | +1.7% | +2.5 pts | 57% |
| 6 months | −24.1% | −6.8% | −13.6% | −10.6 pts | 60% |
| Since launch | −74.4% | −42.1% | −84.2% | +9.8 pts | 62% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of RKT, reset daily | ETFIQ |
| Multiple a holder actually got over the window | RKT moved +0.8% over this window, too little to read a multiple from | ETFIQ |
| Underlying | RKT | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $2m | source, as filed for Apr 30, 2026 |
| Expense ratio | 1.31% | 485BPOS XBRL, Dec 23, 2025 |
| Launched | Jan 13, 2026 | ETFIQ |
| Underlying volatility over the window | 57% annualized | ETFIQ |

## Questions

### Did RKTL return +2 times RKT?

Over the window to Sep 11, 2026, RKT moved +0.8% and RKTL returned +4.1%. 2 times that move is +1.7%, so the fund came out 2.5 points ahead of it.

### Why does RKTL not return +2 times over a year?

Because it resets daily. RKTL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, RKTL, data as of Sep 11, 2026. https://etfiq.com/funds/RKTL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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