RKLX's Sortino Ratio of 0.93 indicates that for each unit of downside volatility, it generates 0.93 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 18, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
RKLX Sortino Ratio Rank
RKLX ranks above 21.5% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Returns may not adequately compensate for downside risk taken
- Consider smaller allocation given below-average risk-adjusted profile
- Explore higher-ranked investments with better downside protection
- Assess whether downside exposure aligns with your portfolio goals
RKLX Sortino Ratio Market Positioning
The chart shows RKLX's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.08 or lower
- Yellow zone (middle 50%): 1.08 to 2.54
- Green zone (top 25%): 2.54 or higher
- Top 1%: 13.70+
- Median: 1.90 — half of all investments score higher
How it compares to other similar ETFs
The table compares Defiance Daily Target 2X Long RKLB ETF's Sortino Ratio with other ETFs in the Leveraged Equities category across multiple time periods, showing how RKLX's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 18, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| 3MST.L | Leverage Shares 3x Long MicroStrategy ETP | 81.51 | |||
| HCAL.TO | Hamilton Enhanced Canadian Bank ETF | 6.86 | |||
| XTAP | Innovator U.S. Equity Accelerated Plus ETF | 6.26 | |||
| 2MU.L | Leverage Shares 2x Micron Technology ETC GBP | 5.40 | |||
| CFOU.TO | BetaPro S&P/TSX Capped Financials 2x Daily Bull ETF | 5.08 | |||
| MUU | Direxion Daily MU Bull 2X Shares | 5.06 | |||
| QTAP | Innovator Growth Accelerated Plus ETF - April | 5.04 | |||
| MULL | GraniteShares 2x Long MU Daily ETF | 4.96 | |||
| 3GOE.L | Leverage Shares 3x Alphabet ETP Scs | 4.12 | |||
| 2AMD.L | Leverage Shares 2x Advanced Micro Devices ETC GBP | 4.04 | |||
| RKLX | Defiance Daily Target 2X Long RKLB ETF | 0.93 |
Historical Sortino Ratio
The chart shows RKLX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when RKLX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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