Symbols

RKLZ

Defiance Daily Target 2X Short RKLB ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

18.73MUSD

Fund Flows (1Y)

20.04MUSD

Dividend Yield

Discount/Premium to NAV

-0.21%

Shares Outstanding

4.77M

Expense Ratio

1.29%

About Defiance Daily Target 2X Short RKLB ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/rklz/

Inception Date

Nov 17, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

RKLZ provides investors with amplified inverse (-2X) exposure to Rocket Lab Corporation (NASDAQ: RKLB) — a leading aerospace manufacturer and space launch provider focused on delivering reliable and responsive launch services, spacecraft components, and on-orbit solutions. RKLZ seeks to deliver -200% of the daily performance of Rocket Lab's stock, offering active traders a tactical way to express short-term bearish views on one of the most innovative companies in the space and defense sector — without the need for a margin account or direct short sale.