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RKLZ Stock Price, Chart, Stats & News
Defiance Daily Target 2X Short RKLB ETF
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Defiance Daily Target 2X Short RKLB ETF (RKLZ) does not currently pay a dividend.
Trading--Inverse Equity
Category
1.29%
Expense ratio
2.70M
Assets
RKLZ chart
1M
3M
1Y
5Y
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RKLZ returns
| YTD | -87.74% |
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
This actively managed Exchange Traded Fund (ETF) is designed to generate a daily return equivalent to two times the inverse (-200%) of the daily percentage change in the price of its designated underlying security. The fund accomplishes this objective by strategically employing financial derivatives, specifically utilizing instruments like swap agreements and/or listed options contracts. Investors should note that this ETF is non-diversified.
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