Defiance Daily Target 2X Short RKLB ETF

Defiance Daily Target 2X Short RKLB ETF is an actively managed inverse exchange-traded fund designed to provide daily results that are approximately two times the opposite of Rocket Lab Corporation’s share price movement. The fund uses derivatives such as swap agreements and listed options to gain this exposure, rather than directly shorting shares. Its objective makes it a tactical instrument for investors seeking short-term inverse exposure to Rocket Lab, a company involved in aerospace manufacturing, launch services, spacecraft components, and on-orbit solutions. Defiance Daily Target 2X Short RKLB ETF is a non-diversified product focused on a single underlying stock, so its performance is closely tied to the daily moves of Rocket Lab. It is used within the broader leveraged and inverse ETF segment of the market, where products are built for short-term trading and precise directional exposure.