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

Defiance · Leveraged ETFs · data as of Oct 2, 2026

RKTL aims to return +2 times RKT's move each day, then resets. Over one day it does that.

## Key facts

- RKTL, net assets: $1m (SEC N-PORT, whole fund, as filed for Jul 31, 2026).
- RKTL, expense ratio: 1.31% (485BPOS XBRL, Dec 23, 2025).
- RKTL, underlying: RKT (no investable tracker), as of Oct 2, 2026.
- RKTL, sets out to return: +2 times the daily move of RKT, reset daily, as of Oct 2, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of RKT, reset daily | ETFIQ |
| Underlying | RKT (no investable tracker) | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $1m | SEC N-PORT, whole fund, as filed for Jul 31, 2026 |
| Expense ratio | 1.31% | 485BPOS XBRL, Dec 23, 2025 |
| Launched | Jan 13, 2026 | ETFIQ |

## Questions

### 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 Oct 2, 2026. https://etfiq.com/funds/rktl
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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