Defiance Daily Target 2X Long RIOT ETF (RIOX) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RIOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RIOX
RIOX charges 0.95% annually. There are 92 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | RIOX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | RIOX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | RIOX vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | — | Dec 2024 | RIOX vs NVDG | |
| Leverage Shares 2X Long HOOD Daily ETF | 0.75% | 71.03M | Mar 2025 | RIOX vs HOOG |
Best Risk-Adjusted Alternatives to RIOX
RIOX has a PortfoliosLab risk / return rank of 37. There are 74 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.44B | Oct 2024 | RIOX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 1.11B | Nov 2024 | RIOX vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | RIOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | RIOX vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 625.04M | Feb 2025 | RIOX vs INTW |
Top Performing RIOX Alternatives (YTD)
RIOX is at 135.89% YTD. There are 23 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 647.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 647.22% | 101.08M | Feb 2025 | RIOX vs DLLL | |
| Leverage Shares 2X Long ARM Daily ETF | 596.32% | 75.08M | Jan 2025 | RIOX vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 590.25% | 568.50M | Mar 2025 | RIOX vs MVLL | |
| Direxion Daily MU Bull 2X Shares | 558.99% | 3.44B | Oct 2024 | RIOX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 545.56% | 1.11B | Nov 2024 | RIOX vs MULL |
Lowest Volatility Alternatives to RIOX
RIOX has 169.32% 1-year volatility. There are 357 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.81% | 22.62M | Apr 2021 | RIOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.80% | 19.26M | Apr 2021 | RIOX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.42% | 13.32M | Jul 2021 | RIOX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.00% | 22.12M | Jul 2021 | RIOX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 68.42M | Apr 2021 | RIOX vs XDSQ |
Lowest Drawdown Alternatives to RIOX
RIOX has a 1-year max drawdown of -84.40%. There are 209 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | RIOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.72% | 19.26M | Apr 2021 | RIOX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | RIOX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | RIOX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | RIOX vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 9 categories. AUM among these funds goes as high as $6B.
Often Compared With RIOX
Investors most often compare RIOX with COTG, BMNG, NBIG. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RIOX with Any Fund or Stock
Compare RIOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RIOX with funds that move differently
Defiance Daily Target 2X Long RIOT ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RIOX.
Explore RIOX Diversifiers