LEGR vs. ROKT

Last updated Jun 14, 2026

LEGR (First Trust Indxx Innovative Transaction & Process ETF) and ROKT (SPDR S&P Kensho Final Frontiers ETF) are both exchange-traded funds - LEGR is a Blockchain fund tracking the Indxx Blockchain Index, while ROKT is a Industrials Equities fund tracking the S&P Kensho Final Frontiers Index. Both are passively managed. Over the past 5 years, LEGR returned 11.61%/yr vs 23.65%/yr for ROKT. A 0.67 correlation means they provide meaningful diversification when combined. LEGR charges 0.65%/yr vs 0.45%/yr for ROKT.

Performance

LEGR vs. ROKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Innovative Transaction & Process ETF (LEGR) and SPDR S&P Kensho Final Frontiers ETF (ROKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LEGR achieves a 11.18% return, which is significantly lower than ROKT's 41.13% return.

LEGR

• 1D: 0.92%
• 1M: 4.00%
• YTD: 11.18%
• 6M: 13.29%
• 1Y: 28.16%
• 3Y*: 22.32%
• 5Y*: 11.61%
• 10Y*: —

ROKT

• 1D: -3.50%
• 1M: 2.08%
• YTD: 41.13%
• 6M: 44.16%
• 1Y: 96.95%
• 3Y*: 41.87%
• 5Y*: 23.65%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LEGR vs. ROKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LEGR First Trust Indxx Innovative Transaction & Process ETF	11.18%	30.83%	16.25%	22.79%	-19.01%	17.91%	18.73%	27.99%	-8.95%
ROKT SPDR S&P Kensho Final Frontiers ETF	41.13%	50.56%	27.89%	14.41%	-0.81%	4.63%	7.99%	40.90%	-12.90%

Correlation

The correlation between LEGR and ROKT is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 23, 2018	0.67

The correlation between LEGR and ROKT has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

LEGR vs. ROKT - Sectors Allocation Comparison

Sectors	LEGR	ROKT
Financial Services	39.8%	-
Technology	31.8%	20.1%
Consumer Cyclical	8.3%	-
Communication Services	8.3%	5.8%
Industrials	5.7%	68.4%
Utilities	1.9%	-
Basic Materials	1.7%	-
Consumer Defensive	1.2%	-
Healthcare	0.8%	-
Energy	0.7%	5.7%
Real Estate	-	-

Return for Risk

LEGR vs. ROKT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEGR

LEGR Risk / Return Rank: 63
LEGR Sharpe Ratio Rank: 67
LEGR Sortino Ratio Rank: 65
LEGR Omega Ratio Rank: 64
LEGR Calmar Ratio Rank: 60
LEGR Martin Ratio Rank: 61

ROKT

ROKT Risk / Return Rank: 92
ROKT Sharpe Ratio Rank: 94
ROKT Sortino Ratio Rank: 90
ROKT Omega Ratio Rank: 88
ROKT Calmar Ratio Rank: 94
ROKT Martin Ratio Rank: 95

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.

LEGR vs. ROKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) and SPDR S&P Kensho Final Frontiers ETF (ROKT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LEGR	ROKT	Difference
Sharpe ratio: Return per unit of total volatility	1.91	3.15	-1.23
Sortino ratio: Return per unit of downside risk	2.61	3.74	-1.13
Omega ratio: Gain probability vs. loss probability	1.34	1.48	-0.14
Calmar ratio: Return relative to maximum drawdown	2.64	6.38	-3.74
Martin ratio: Return relative to average drawdown	9.72	26.23	-16.52

LEGR vs. ROKT - Sharpe Ratio Comparison

The current LEGR Sharpe Ratio is 1.91, which is lower than the ROKT Sharpe Ratio of 3.15. The chart below compares the historical Sharpe Ratios of LEGR and ROKT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LEGR vs. ROKT - Drawdown Comparison

The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum ROKT drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for LEGR and ROKT.

Drawdown Indicators

	LEGR	ROKT	Difference
Max Drawdown Largest peak-to-trough decline	-36.12%	-43.16%	+7.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.40%	-15.27%	+4.87%
Max Drawdown (3Y) Largest decline over 3 years	-14.25%	-23.46%	+9.21%
Max Drawdown (5Y) Largest decline over 5 years	-31.45%	-23.46%	-7.99%
Current Drawdown Current decline from peak	-2.56%	-12.20%	+9.64%
Average Drawdown Average peak-to-trough decline	-6.60%	-6.77%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	3.71%	-0.89%

Volatility

LEGR vs. ROKT - Volatility Comparison

The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 5.87%, while SPDR S&P Kensho Final Frontiers ETF (ROKT) has a volatility of 16.11%. This indicates that LEGR experiences smaller price fluctuations and is considered to be less risky than ROKT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEGR	ROKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	16.11%	-10.24%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	27.24%	-15.17%
Volatility (1Y) Calculated over the trailing 1-year period	14.34%	30.97%	-16.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	23.32%	-6.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.33%	25.42%	-5.09%

LEGR vs. ROKT - Expense Ratio Comparison

LEGR has a 0.65% expense ratio, which is higher than ROKT's 0.45% expense ratio.

Dividends

LEGR vs. ROKT - Dividend Comparison

LEGR's dividend yield for the trailing twelve months is around 1.68%, more than ROKT's 0.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LEGR First Trust Indxx Innovative Transaction & Process ETF	1.68%	1.84%	2.40%	2.56%	2.64%	1.80%	0.95%	2.04%	1.30%
ROKT SPDR S&P Kensho Final Frontiers ETF	0.28%	0.41%	0.57%	0.62%	0.54%	1.79%	0.48%	0.74%	0.16%

Frequently Asked Questions

Can I hold both LEGR and ROKT in my portfolio?

LEGR and ROKT have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LEGR or ROKT?

ROKT has higher volatility (16.11%) compared to LEGR (5.87%). In terms of maximum drawdown, LEGR dropped -36.12% vs ROKT's -43.16%.

Which ETF is better, LEGR or ROKT?

On 5-year performance, ROKT leads with 23.65% vs 11.61% for LEGR. On fees, ROKT is cheaper at 0.45% per year. On volatility, LEGR has been the lower-risk option at 5.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LEGR or ROKT?

Over the 5-year period, ROKT has performed better with a 23.65% return vs 11.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LEGR or ROKT?

ROKT is cheaper with a 0.45% expense ratio, compared with 0.65% for LEGR.

Which ETF pays a higher dividend yield, LEGR or ROKT?

LEGR has the higher dividend yield at 1.68%, compared with 0.28% for ROKT.

What is the main difference between LEGR and ROKT?

LEGR is categorized as Blockchain, while ROKT is Industrials Equities. LEGR tracks Indxx Blockchain Index, while ROKT tracks S&P Kensho Final Frontiers Index. They also come from different issuers: First Trust and State Street. Their fees differ too: 0.65% for LEGR and 0.45% for ROKT.

Which has better risk-adjusted returns?

ROKT currently has the higher Sharpe Ratio (3.15 vs 1.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.