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 389 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 | |
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | RKLX vs NTSD | |
| Amundi LevDax Daily (2x) leveraged UCITS ETF Acc | 0.35% | — | Jun 2006 | RKLX vs LYY8.DE | |
| Harvest Meta Enhanced High Income Shares ETF - Cla... | 0.40% | — | Jan 2025 | RKLX vs METE.TO |
Best Risk-Adjusted Alternatives to RKLX
RKLX has a PortfoliosLab risk / return rank of 78. There are 44 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Micron Technology ETC GBP | 99 | — | Jun 2020 | RKLX vs 2MU.L | |
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | RKLX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | RKLX vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | RKLX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | RKLX vs XTAP |
Top Performing RKLX Alternatives (YTD)
RKLX is at 59.46% YTD. There are 86 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | RKLX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | RKLX vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | RKLX vs ARMG | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 895.51% | — | Mar 2024 | RKLX vs SOXL.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 890.70% | — | Jun 2020 | RKLX vs 2MU.L |
Lowest Volatility Alternatives to RKLX
RKLX has 183.57% 1-year volatility. There are 455 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | RKLX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | RKLX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | RKLX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | RKLX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | RKLX vs XDSQ |
Lowest Drawdown Alternatives to RKLX
RKLX has a 1-year max drawdown of -71.71%. There are 255 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 | RKLX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | RKLX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | RKLX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | RKLX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | RKLX 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 RKLX
Investors most often compare RKLX with IFED, INTW, VRTL. These 12 comparison targets span 3 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