LYY8.DE vs. RKLX
LYY8.DE (Amundi LevDax Daily (2x) leveraged UCITS ETF Acc) and RKLX (Defiance Daily Target 2X Long RKLB ETF) are both Leveraged Equities funds. LYY8.DE is passively managed, while RKLX is actively managed. Over the past year, LYY8.DE returned -1.27% vs 489.83% for RKLX. At a 0.26 correlation, their price movements are largely independent. LYY8.DE charges 0.35%/yr vs 1.29%/yr for RKLX.
Performance
LYY8.DE vs. RKLX - Performance Comparison
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Different Trading Currencies
LYY8.DE is traded in EUR, while RKLX is traded in USD. To make them comparable, the RKLX values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, LYY8.DE achieves a -0.14% return, which is significantly lower than RKLX's 48.27% return.
LYY8.DE
- 1D
- 1.03%
- 1M
- -0.52%
- YTD
- -0.14%
- 6M
- 3.70%
- 1Y
- -1.27%
- 3Y*
- 25.67%
- 5Y*
- 12.96%
- 10Y*
- 13.01%
RKLX
- 1D
- -15.72%
- 1M
- 43.04%
- YTD
- 48.27%
- 6M
- 169.44%
- 1Y
- 489.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LYY8.DE vs. RKLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc | -0.14% | 11.64% |
RKLX Defiance Daily Target 2X Long RKLB ETF | 48.27% | 597.04% |
Correlation
The correlation between LYY8.DE and RKLX is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025 | 0.26 |
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Return for Risk
LYY8.DE vs. RKLX — Risk / Return Rank
LYY8.DE
RKLX
LYY8.DE vs. RKLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) and Defiance Daily Target 2X Long RKLB ETF (RKLX). 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.
| LYY8.DE | RKLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.72 | ||
| Sortino ratioReturn per unit of downside risk | -2.84 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 6.92 | -6.96 |
| Martin ratioReturn relative to average drawdown | -0.10 | 13.29 | -13.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LYY8.DE | RKLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 2.69 | -2.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 3.15 | -2.94 |
Drawdowns
LYY8.DE vs. RKLX - Drawdown Comparison
The maximum LYY8.DE drawdown since its inception was -84.92%, which is greater than RKLX's maximum drawdown of -71.37%. Use the drawdown chart below to compare losses from any high point for LYY8.DE and RKLX.
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Drawdown Indicators
| LYY8.DE | RKLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.92% | -71.37% | -13.55% |
Max Drawdown (1Y)Largest decline over 1 year | -24.12% | -71.37% | +47.25% |
Max Drawdown (3Y)Largest decline over 3 years | -30.03% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -48.78% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.35% | — | — |
Current DrawdownCurrent decline from peak | -6.99% | -48.63% | +41.64% |
Average DrawdownAverage peak-to-trough decline | -28.61% | -26.42% | -2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.50% | 37.09% | -28.59% |
Volatility
LYY8.DE vs. RKLX - Volatility Comparison
The current volatility for Amundi LevDax Daily (2x) leveraged UCITS ETF Acc (LYY8.DE) is 10.22%, while Defiance Daily Target 2X Long RKLB ETF (RKLX) has a volatility of 81.60%. This indicates that LYY8.DE experiences smaller price fluctuations and is considered to be less risky than RKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYY8.DE | RKLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.22% | 81.60% | -71.38% |
Volatility (6M)Calculated over the trailing 6-month period | 25.68% | 141.96% | -116.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.01% | 183.74% | -151.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 182.04% | -147.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.57% | 182.04% | -145.47% |
LYY8.DE vs. RKLX - Expense Ratio Comparison
LYY8.DE has a 0.35% expense ratio, which is lower than RKLX's 1.29% expense ratio.
Dividends
LYY8.DE vs. RKLX - Dividend Comparison
LYY8.DE has not paid dividends to shareholders, while RKLX's dividend yield for the trailing twelve months is around 10.28%.
| Position | TTM | 2025 |
|---|---|---|
LYY8.DE Amundi LevDax Daily (2x) leveraged UCITS ETF Acc | 0.00% | 0.00% |
RKLX Defiance Daily Target 2X Long RKLB ETF | 10.28% | 14.94% |
Frequently Asked Questions
LYY8.DE and RKLX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYY8.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYY8.DE is cheaper with a 0.35% expense ratio, compared with 1.29% for RKLX.
They also come from different issuers: Amundi and Defiance. Their fees differ too: 0.35% for LYY8.DE and 1.29% for RKLX.
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