OKLL vs. ILS

Last updated Jun 24, 2026

OKLL (Defiance Daily Target 2x Long OKLO ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - OKLL is a Leveraged Equities fund actively managed by Defiance, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. Over the past year, OKLL returned -73.38% vs 7.81% for ILS. At a 0.00 correlation, their price movements are largely independent. OKLL charges 1.31%/yr vs 1.58%/yr for ILS.

Performance

OKLL vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2x Long OKLO ETF (OKLL) and Brookmont Catastrophic Bond ETF (ILS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OKLL achieves a -64.46% return, which is significantly lower than ILS's 2.27% return.

OKLL

• 1D: -4.03%
• 1M: -30.54%
• YTD: -64.46%
• 6M: -73.01%
• 1Y: -73.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILS

• 1D: 0.10%
• 1M: 1.26%
• YTD: 2.27%
• 6M: 2.63%
• 1Y: 7.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKLL vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
OKLL Defiance Daily Target 2x Long OKLO ETF	-64.46%	-25.10%
ILS Brookmont Catastrophic Bond ETF	2.27%	5.42%

Correlation

The correlation between OKLL and ILS is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.00

Return for Risk

OKLL vs. ILS — Risk / Return Rank

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

OKLL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ILS

ILS Risk / Return Rank: 96
ILS Sharpe Ratio Rank: 92
ILS Sortino Ratio Rank: 95
ILS Omega Ratio Rank: 95
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

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.

OKLL vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2x Long OKLO ETF (OKLL) and Brookmont Catastrophic Bond ETF (ILS). 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.

	OKLL	ILS	Difference
Sharpe ratio: Return per unit of total volatility	—	3.06	—
Sortino ratio: Return per unit of downside risk	—	5.05	—
Omega ratio: Gain probability vs. loss probability	—	1.69	—
Calmar ratio: Return relative to maximum drawdown	—	14.18	—
Martin ratio: Return relative to average drawdown	—	52.13	—

Drawdowns

OKLL vs. ILS - Drawdown Comparison

The maximum OKLL drawdown since its inception was -96.29%, which is greater than ILS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for OKLL and ILS.

Drawdown Indicators

	OKLL	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-96.29%	-2.46%	-93.83%
Max Drawdown (1Y) Largest decline over 1 year	-96.29%	-0.55%	-95.74%
Current Drawdown Current decline from peak	-95.70%	0.00%	-95.70%
Average Drawdown Average peak-to-trough decline	-62.40%	-0.54%	-61.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.15%	—

Volatility

Volatility by Period

	OKLL	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	202.78%	2.58%	+200.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	202.78%	3.77%	+199.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	202.78%	3.77%	+199.01%

OKLL vs. ILS - Expense Ratio Comparison

OKLL has a 1.31% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

OKLL vs. ILS - Dividend Comparison

OKLL has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.05%.

Position	TTM	2025
ILS Brookmont Catastrophic Bond ETF	8.05%	6.06%
OKLL Defiance Daily Target 2x Long OKLO ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both OKLL and ILS in my portfolio?

OKLL and ILS have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OKLL or ILS?

On 1-year performance, ILS leads with 7.81% vs -73.38% for OKLL. On fees, OKLL is cheaper at 1.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OKLL or ILS?

Over the 1-year period, ILS has performed better with a 7.81% return vs -73.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OKLL or ILS?

OKLL is cheaper with a 1.31% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, OKLL or ILS?

ILS has the higher dividend yield at 8.05%, compared with 0.00% for OKLL.

What is the main difference between OKLL and ILS?

OKLL is categorized as Leveraged Equities, while ILS is Nontraditional Bonds. They also come from different issuers: Defiance and Brookmont. Their fees differ too: 1.31% for OKLL and 1.58% for ILS.