PortfoliosLab logoPortfoliosLab logo
Issuer
Defiance
Inception Date
Mar 12, 2025
Leveraged
2x
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Growth
Assets Under Management
$372M

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

RKLX Performance Chart

Defiance Daily Target 2X Long RKLB ETF (RKLX) is up 59.5% since the beginning of the year. RKLX is currently trading at $63 per share.


Loading charts...

S&P 500 Index

Returns By Period

Defiance Daily Target 2X Long RKLB ETF (RKLX) has returned 59.46% so far this year and 535.41% over the past 12 months.


Defiance Daily Target 2X Long RKLB ETF

1D
-14.06%
1M
69.79%
YTD
59.46%
6M
247.53%
1Y
535.41%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RKLX Monthly Returns History

Based on dividend-adjusted daily data since Mar 13, 2025, RKLX's average daily return is +1.44%, while the average monthly return is +30.17%. At this rate, an investment would double in approximately 0.2 years.

Historically, 63% of months were positive and 38% were negative. The best month was May 2026 with a return of +159.7%, while the worst month was Nov 2025 at -58.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, RKLX closed higher 54% of trading days. The best single day was May 8, 2026 with a return of +67.7%, while the worst single day was Jun 1, 2026 at -29.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202622.69%-32.20%-22.75%55.24%159.73%-38.46%59.46%
2025-0.06%34.55%41.15%67.30%54.52%7.22%-11.48%60.83%-58.55%142.99%654.37%

Benchmark Metrics

Defiance Daily Target 2X Long RKLB ETF has an annualized alpha of 898.81%, beta of 4.88, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since March 14, 2025.

  • This ETF captured 2529.00% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -83.75%) - a profile typical of hedging or uncorrelated assets.
  • R2 of 0.22 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
898.81%
Beta
4.88
0.22
Upside Capture
2,529.00%
Downside Capture
-83.75%

Expense Ratio

RKLX has a high expense ratio of 1.29%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

RKLX ranks 79 for risk / return — better than 79% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


RKLX Risk / Return Rank: 7979
Overall Rank
RKLX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
RKLX Sortino Ratio Rank: 7070
Sortino Ratio Rank
RKLX Omega Ratio Rank: 6464
Omega Ratio Rank
RKLX Calmar Ratio Rank: 9494
Calmar Ratio Rank
RKLX Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Defiance Daily Target 2X Long RKLB ETF (RKLX) and compare them to S&P 500 Index.


RKLXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.70

Sortino ratioReturn per unit of downside risk

+0.04

Omega ratioGain probability vs. loss probability

1.38

1.41

-0.03

Calmar ratioReturn relative to maximum drawdown

7.53

2.93

+4.60

Martin ratioReturn relative to average drawdown

14.71

13.52

+1.19

Dividends

Dividend History

Defiance Daily Target 2X Long RKLB ETF provided a 9.37% dividend yield over the last twelve months, with an annual payout of $5.95 per share.


14.94%$0.00$1.00$2.00$3.00$4.00$5.00$6.002025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$5.95$5.95

Dividend yield

9.37%14.94%

Monthly Dividends

The table displays the monthly dividend distributions for Defiance Daily Target 2X Long RKLB ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$5.95$5.95

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the Defiance Daily Target 2X Long RKLB ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Defiance Daily Target 2X Long RKLB ETF was 71.71%, occurring on Mar 30, 2026. Recovery took 31 trading sessions.

The current Defiance Daily Target 2X Long RKLB ETF drawdown is 44.20%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-71.71%Mar 2026
2mo 9d1mo 14d
3mo 23dJan 2026 - May 2026
2025 bear market2025
-70.71%Nov 2025
1mo 5d1mo 2d
2mo 7dOct 2025 - Dec 2025
2026 bear market2026
-44.20%Jun 2026
6d
7d 5hMay 2026 - now
2025 bear market2025
-40.41%Aug 2025
1mo1mo 17d
2mo 17dJul 2025 - Oct 2025
2025 selloff2025
-36.70%Apr 2025
9d20d
29dMar 2025 - Apr 2025

Drawdown Indicators


RKLXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-71.71%

-56.78%

-14.93%

Max Drawdown (1Y)

Largest decline over 1 year

-71.71%

-9.10%

-62.61%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-44.20%

-0.74%

-43.46%

Average Drawdown

Average peak-to-trough decline

-25.90%

-10.72%

-15.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

36.65%

1.97%

+34.68%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with RKLX

Add Defiance Daily Target 2X Long RKLB ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with RKLX