Defiance Introduces RGTZ: The First 2X Short ETF for Rigetti Computing Inc.

Defiance Introduces RGTZ: First 2X Short ETF for Rigetti Computing Inc.

MIAMI, Oct. 9, 2025 — Defiance ETF has announced the launch of its latest product: the Defiance Daily Target 2X Short Rigetti Computing ETF (ticker: RGTZ). This new fund aims to enhance the range of single-stock leveraged ETFs offered by the company.

RGTZ has been created for traders looking for increased short-term bearish exposure to Rigetti Computing (NASDAQ: RGTI). The fund targets -200% of the daily volatility of RGTI’s stock price, allowing investors to express a tactical view that anticipates a decline in one of the leaders in quantum computing, all in the familiar format of an ETF.

The primary goal of the fund is to deliver an inverse return of -2 times the daily percentage change in Rigetti Computing, Inc.’s stock, not accounting for fees and expenses. However, it’s crucial to note that the fund only seeks to achieve this investment objective for a single trading day.

About Rigetti Computing

Rigetti is a player in quantum computing, specializing in the design and development of integrated quantum systems that tackle complex problems in sectors like finance, healthcare, and AI. They produce superconducting quantum processors, offer cloud access to their systems, and are fostering the growth of quantum computing as a service (QCaaS) for both commercial and research purposes.

It’s important to understand that investing in RGTZ does not equate to investing directly in Rigetti Computing, Inc.

Investors should be aware that this fund may not be suitable for everyone. It is intended for those who are knowledgeable about the implications of seeking daily leveraged inverse investment results, and who understand the related risks, especially since it requires active portfolio management. The fund’s leveraged objectives mean it carries a greater risk compared to non-leveraged alternatives, with the potential for substantial losses over any time frame longer than a single day.

Essential Information

Defiance ETF, founded in 2018, is recognized for its innovative approach to ETFs, focusing on thematic, income, and leveraged products. Its pioneering of single-stock leveraged ETFs allows investors to build positions in disruptive companies without needing a margin account.

As with any investment, risks exist, including the possibility of losing principal. This fund may trade at a premium or discount to its net asset value (NAV) and typically does not offer individual redemptions. Concentrating investments in a single issuer or sector may expose investors to higher volatility.

The use of derivatives, swaps, and options carries unique risks that differ from traditional investments, potentially impacting the fund’s ability to meet its investment objectives. Additionally, because the fund is non-diversified, a decline in a single issuer’s value can significantly affect overall fund performance.

Investors need to conduct thorough due diligence, considering the investment objectives, risks, fees, and expenses before participating. Transactions might incur brokerage fees, and diversification does not guarantee profits or safeguard against market declines.