Defiance Daily Target 2X Long RGTI ETF

Defiance Daily Target 2X Long RGTI ETF is a leveraged exchange-traded fund designed to provide daily investment results that correspond to two times the daily performance of Rigetti Computing. The fund uses derivatives such as swap agreements and listed options to pursue its objective, making it a specialized tool for traders seeking amplified exposure to a single underlying stock over short holding periods. Its portfolio is constructed around a single-name strategy, with a focus on U.S. information technology and semiconductor-related market exposure tied to quantum computing themes. Defiance Daily Target 2X Long RGTI ETF is part of the leveraged ETF segment, where daily rebalancing and synthetic replication are central features of the product structure. The fund is actively managed and aimed at market participants looking for tactical exposure to Rigetti Computing through an ETF wrapper rather than direct share ownership.