OKLL vs. OKLO
OKLL (Defiance Daily Target 2x Long OKLO ETF) is Leveraged Equities fund actively managed by Defiance, while OKLO (Oklo Inc.) is a stock. Over the past year, OKLL returned -84.70% vs -25.91% for OKLO. With a 1.00 correlation, they move nearly in lockstep.
Performance
OKLL vs. OKLO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OKLL achieves a -77.76% return, which is significantly lower than OKLO's -35.56% return.
OKLL
- 1D
- 1.36%
- 1M
- -39.05%
- 6M
- -87.30%
- YTD
- -77.76%
- 1Y
- -84.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OKLO
- 1D
- 0.94%
- 1M
- -19.57%
- 6M
- -52.37%
- YTD
- -35.56%
- 1Y
- -25.91%
- 3Y*
- 64.59%
- 5Y*
- 35.86%
- 10Y*
- —
OKLL vs. OKLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OKLL Defiance Daily Target 2x Long OKLO ETF | -77.76% | -25.10% |
OKLO Oklo Inc. | -35.56% | 30.21% |
Correlation
The correlation between OKLL and OKLO is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025 | 1.00 |
The correlation between OKLL and OKLO has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OKLL vs. OKLO — Risk / Return Rank
OKLL
OKLO
OKLL vs. OKLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2x Long OKLO ETF (OKLL) and Oklo Inc. (OKLO). 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 | OKLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.03 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | -0.35 | -0.52 |
| Martin ratioReturn relative to average drawdown | -1.13 | -0.52 | -0.61 |
Loading charts...
Drawdowns
OKLL vs. OKLO - Drawdown Comparison
The maximum OKLL drawdown since its inception was -97.35%, which is greater than OKLO's maximum drawdown of -73.83%. Use the drawdown chart below to compare losses from any high point for OKLL and OKLO.
Loading charts...
Drawdown Indicators
| OKLL | OKLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.35% | -73.83% | -23.52% |
Max Drawdown (1Y)Largest decline over 1 year | -97.35% | -73.83% | -23.52% |
Max Drawdown (3Y)Largest decline over 3 years | — | -73.83% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.83% | — |
Current DrawdownCurrent decline from peak | -97.31% | -73.45% | -23.86% |
Average DrawdownAverage peak-to-trough decline | -64.22% | -18.95% | -45.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 74.65% | 49.59% | +25.06% |
Volatility
OKLL vs. OKLO - Volatility Comparison
Defiance Daily Target 2x Long OKLO ETF (OKLL) has a higher volatility of 35.99% compared to Oklo Inc. (OKLO) at 18.00%. This indicates that OKLL's price experiences larger fluctuations and is considered to be riskier than OKLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OKLL | OKLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 35.99% | 18.00% | +17.99% |
Volatility (6M)Calculated over the trailing 6-month period | 130.46% | 65.35% | +65.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 202.41% | 101.37% | +101.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 199.42% | 85.76% | +113.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 199.42% | 85.59% | +113.83% |
Dividends
OKLL vs. OKLO - Dividend Comparison
Neither OKLL nor OKLO has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, OKLL and OKLO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
OKLL has higher volatility (35.99%) compared to OKLO (18.00%). In terms of maximum drawdown, OKLL dropped -97.35% vs OKLO's -73.83%.
OKLO currently has the higher Sharpe Ratio (-0.26 vs -0.42), 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.
Find the right allocation for OKLL and OKLO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer