Defiance Daily Target 2X Short RKLB ETF (RKLZ) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RKLZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RKLZ
RKLZ charges 1.29% annually. There are 60 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 233.44M | Jun 2016 | RKLZ vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 34.08M | Mar 2024 | RKLZ vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | RKLZ vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 41.67M | Nov 2021 | RKLZ vs SARK | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.75% | 7.22M | Jan 2024 | RKLZ vs SKRE |
Best Risk-Adjusted Alternatives to RKLZ
Among 67 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 72.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 72 | 5.10M | Oct 2024 | RKLZ vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 69 | 96.16M | Sep 2024 | RKLZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 64 | 30.06M | Aug 2024 | RKLZ vs SMST | |
| YieldMax Short COIN Option Income Strategy ETF | 43 | 35.08M | Jul 2024 | RKLZ vs FIAT | |
| Direxion Daily MSFT Bear 1X Shares | 33 | 11.03M | Sep 2022 | RKLZ vs MSFD |
Top Performing RKLZ Alternatives (YTD)
RKLZ is at -87.74% YTD. There are 78 ETFs in the Inverse Equities category with higher YTD returns, going as high as 30.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 30.13% | 5.10M | Oct 2024 | RKLZ vs NFXS | |
| Direxion Daily ORCL Bear 1X ETF | 30.12% | 11.74M | Nov 2025 | RKLZ vs ORCS | |
| Direxion Daily PLTR Bear 1X Shares | 19.25% | 40.54M | Dec 2024 | RKLZ vs PLTD | |
| Direxion Daily MSFT Bear 1X Shares | 18.82% | 11.03M | Sep 2022 | RKLZ vs MSFD | |
| YieldMax Short COIN Option Income Strategy ETF | 15.82% | 35.08M | Jul 2024 | RKLZ vs FIAT |
Lowest Volatility Alternatives to RKLZ
RKLZ has 207.75% 1-year volatility. There are 81 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 12.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short Dow30 | 12.31% | 98.54M | Jun 2006 | RKLZ vs DOG | |
| Direxion Daily BRKB Bear 1X Shares | 12.39% | 2.34M | Dec 2024 | RKLZ vs BRKD | |
| ProShares Short S&P500 | 12.55% | 869.15M | Jun 2006 | RKLZ vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.77% | 233.44M | Jun 2016 | RKLZ vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 13.95% | 14.88M | Aug 2024 | RKLZ vs YQQQ |
Lowest Drawdown Alternatives to RKLZ
Among 67 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | RKLZ vs BRKD | |
| ProShares Short FTSE China 50 | -11.39% | 4.73M | Mar 2010 | RKLZ vs YXI | |
| ProShares Decline of the Retail Store ETF | -13.91% | 3.01M | Nov 2017 | RKLZ vs EMTY | |
| ProShares Short Financials | -14.82% | 13.41M | Jun 2008 | RKLZ vs SEF | |
| ProShares Short Dow30 | -15.02% | 98.54M | Jun 2006 | RKLZ vs DOG |
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 RKLZ
Investors most often compare RKLZ with FLYD, HDGE, SHRT. These 11 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare RKLZ with Any Fund or Stock
Compare RKLZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RKLZ with funds that move differently
Defiance Daily Target 2X Short RKLB ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RKLZ.
Explore RKLZ Diversifiers