OKLO vs. OKLL
OKLO (Oklo Inc.) is a stock, while OKLL (Defiance Daily Target 2x Long OKLO ETF) is Leveraged Equities fund actively managed by Defiance. Over the past year, OKLO returned -45.68% vs -91.78% for OKLL. Their 1.00 correlation means they have historically moved very closely together.
Performance
OKLO vs. OKLL - Performance Comparison
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Returns By Period
In the year-to-date period, OKLO achieves a -45.89% return, which is significantly higher than OKLL's -85.27% return.
OKLO
- 1D
- -5.50%
- 1M
- -25.84%
- 6M
- -51.23%
- YTD
- -45.89%
- 1Y
- -45.68%
- 3Y*
- 55.49%
- 5Y*
- 31.57%
- 10Y*
- —
- ALL TIME*
- 30.73%
OKLL
- 1D
- -11.47%
- 1M
- -49.59%
- 6M
- -86.81%
- YTD
- -85.27%
- 1Y
- -91.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -86.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $32.35M | $38.94M | $91.46M | |
OKLO Oklo Inc. | $370.09M | $387.53M | $692.06M |
OKLO vs. OKLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OKLO Oklo Inc. | -45.89% | 30.21% |
OKLL Defiance Daily Target 2x Long OKLO ETF | -85.27% | -25.10% |
Correlation
The correlation between OKLO and OKLL is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025 | 1.00 |
The correlation between OKLO and OKLL has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
OKLO vs. OKLL — Risk / Return Rank
OKLO
OKLL
OKLO vs. OKLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oklo Inc. (OKLO) and Defiance Daily Target 2x Long OKLO ETF (OKLL). 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.
| OKLO | OKLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.95 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | -0.95 | +0.32 |
| Martin ratioReturn relative to average drawdown | -0.94 | -1.19 | +0.25 |
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Drawdowns
OKLO vs. OKLL - Drawdown Comparison
The maximum OKLO drawdown since its inception was -78.84%, smaller than the maximum OKLL drawdown of -98.36%. Use the drawdown chart below to compare losses from any high point for OKLO and OKLL.
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Drawdown Indicators
| OKLO | OKLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -98.36% | +19.52% |
Max Drawdown (1Y)Largest decline over 1 year | -78.84% | -98.36% | +19.52% |
Max Drawdown (3Y)Largest decline over 3 years | -78.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -78.84% | — | — |
Current DrawdownCurrent decline from peak | -77.70% | -98.22% | +20.52% |
Average DrawdownAverage peak-to-trough decline | -19.53% | -65.79% | +46.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.50% | 77.87% | -25.37% |
Volatility
OKLO vs. OKLL - Volatility Comparison
The current volatility for Oklo Inc. (OKLO) is 23.72%, while Defiance Daily Target 2x Long OKLO ETF (OKLL) has a volatility of 47.19%. This indicates that OKLO experiences smaller price fluctuations and is considered to be less risky than OKLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKLO | OKLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.72% | 47.19% | -23.47% |
Volatility (6M)Calculated over the trailing 6-month period | 66.10% | 131.95% | -65.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.76% | 200.99% | -100.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.25% | 198.77% | -112.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.68% | 198.77% | -113.09% |
Dividends
OKLO vs. OKLL - Dividend Comparison
Neither OKLO nor OKLL has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, OKLO and OKLL 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 (47.19%) compared to OKLO (23.72%). In terms of maximum drawdown, OKLO dropped -78.84% vs OKLL's -98.36%.
OKLL currently has the higher Sharpe Ratio (-0.46 vs -0.49), 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.
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