Defiance Daily Target 2X Long RKLB ETF (RKLX) 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 RKLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RKLX
RKLX charges 1.29% annually. There are 394 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 3x Long US Tech 100 ETP Securities | 0.01% | — | Jun 2022 | RKLX vs 3QQQ.L | |
| Leverage Shares 3x Long US 500 ETP Securities | 0.01% | — | Jun 2022 | RKLX vs 3SPY.L | |
| Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | 0.35% | — | Mar 2010 | RKLX vs DBPE.DE | |
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | RKLX vs NTSD | |
| Amundi LevDax Daily (2x) leveraged UCITS ETF Acc | 0.35% | — | Jun 2006 | RKLX vs LYY8.DE |
Best Risk-Adjusted Alternatives to RKLX
RKLX has a PortfoliosLab risk / return rank of 22. There are 148 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | RKLX vs MUU | |
| Leverage Shares 2x Micron Technology ETC GBP | 98 | — | Jun 2020 | RKLX vs 2MU.L | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | RKLX vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | RKLX vs XTAP | |
| Hamilton Enhanced Canadian Bank ETF | 98 | 1.09B | Oct 2020 | RKLX vs HCAL.TO |
Top Performing RKLX Alternatives (YTD)
RKLX is at -38.35% YTD. There are 336 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 26,422.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Lyxor UCITS NASDAQ-100 Daily Leverage | 26,422.33% | — | Jun 2006 | RKLX vs LQQ.PA | |
| Leverage Shares 3x Long MicroStrategy ETP | 814.32% | — | Sep 2024 | RKLX vs 3MST.L | |
| GraniteShares 2x Long DELL Daily ETF | 738.32% | 162.40M | Feb 2025 | RKLX vs DLLL | |
| Leverage Shares 2x Micron Technology ETC GBP | 616.28% | — | Jun 2020 | RKLX vs 2MU.L | |
| Direxion Daily MU Bull 2X Shares | 575.80% | 6.16B | Oct 2024 | RKLX vs MUU |
Lowest Volatility Alternatives to RKLX
RKLX has 189.52% 1-year volatility. There are 479 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | RKLX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | RKLX vs QTAP | |
| Leverage Shares 3x Apple ETP Securities GBP | 6.98% | — | Jun 2020 | RKLX vs 3AAP.L | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | RKLX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.50% | 20.95M | Jul 2021 | RKLX vs QTJL |
Lowest Drawdown Alternatives to RKLX
RKLX has a 1-year max drawdown of -78.43%. There are 280 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | RKLX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | RKLX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | RKLX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | RKLX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | RKLX vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 10 categories. AUM among these funds goes as high as $6B.
Often Compared With RKLX
Investors most often compare RKLX with METE.TO, ARMG, IFED. These 19 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare RKLX with Any Fund or Stock
Compare RKLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RKLX with funds that move differently
Defiance Daily Target 2X Long RKLB ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RKLX.
Explore RKLX Diversifiers