
Asset Management - Leveraged | Financial Services | US
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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Defiance Daily Target 2X Short RKLB ETF (RKLZ) is an actively managed ETF. It seeks a daily return equivalent to two times the inverse of the daily percentage change in RKLB's price. RKLZ achieves this through financial derivatives, including swap agreements and/or listed options contracts. This ETF is non-diversified.
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