ORCX vs. INTW

Last updated Jun 24, 2026

ORCX (Defiance Daily Target 2X Long ORCL ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, ORCX returned -60.79% vs 1964.55% for INTW. At a 0.18 correlation, their price movements are largely independent. ORCX charges 1.29%/yr vs 1.50%/yr for INTW.

Performance

ORCX vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long ORCL ETF (ORCX) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORCX achieves a -42.52% return, which is significantly lower than INTW's 750.22% return.

ORCX

• 1D: -11.52%
• 1M: -30.81%
• YTD: -42.52%
• 6M: -42.95%
• 1Y: -60.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTW

• 1D: -12.49%
• 1M: 12.21%
• YTD: 750.22%
• 6M: 775.58%
• 1Y: 1,964.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ORCX vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
ORCX Defiance Daily Target 2X Long ORCL ETF	-42.52%	-13.76%
INTW GraniteShares 2x Long INTC Daily ETF	750.22%	60.89%

Correlation

The correlation between ORCX and INTW is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.18

ORCX vs. INTW - Sectors Allocation Comparison

Sectors	ORCX	INTW
Technology	100.0%	66.7%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

ORCX vs. INTW — Risk / Return Rank

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

ORCX

ORCX Risk / Return Rank: 5
ORCX Sharpe Ratio Rank: 5
ORCX Sortino Ratio Rank: 6
ORCX Omega Ratio Rank: 6
ORCX Calmar Ratio Rank: 3
ORCX Martin Ratio Rank: 4

INTW

INTW Risk / Return Rank: 98
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 96
INTW Omega Ratio Rank: 94
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

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.

ORCX vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long ORCL ETF (ORCX) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	ORCX	INTW	Difference
Sharpe ratio: Return per unit of total volatility	-0.47	13.25	-13.72
Sortino ratio: Return per unit of downside risk	-0.23	5.13	-5.37
Omega ratio: Gain probability vs. loss probability	0.97	1.65	-0.68
Calmar ratio: Return relative to maximum drawdown	-0.71	40.32	-41.03
Martin ratio: Return relative to average drawdown	-1.01	91.49	-92.51

ORCX vs. INTW - Sharpe Ratio Comparison

The current ORCX Sharpe Ratio is -0.47, which is lower than the INTW Sharpe Ratio of 13.25. The chart below compares the historical Sharpe Ratios of ORCX and INTW, 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

ORCX vs. INTW - Drawdown Comparison

The maximum ORCX drawdown since its inception was -85.98%, which is greater than INTW's maximum drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for ORCX and INTW.

Drawdown Indicators

	ORCX	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-85.98%	-60.58%	-25.40%
Max Drawdown (1Y) Largest decline over 1 year	-85.98%	-49.34%	-36.64%
Current Drawdown Current decline from peak	-82.28%	-12.49%	-69.79%
Average Drawdown Average peak-to-trough decline	-45.42%	-29.66%	-15.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.96%	21.70%	+38.26%

Volatility

ORCX vs. INTW - Volatility Comparison

The current volatility for Defiance Daily Target 2X Long ORCL ETF (ORCX) is 49.57%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 55.81%. This indicates that ORCX experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORCX	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	49.57%	55.81%	-6.24%
Volatility (6M) Calculated over the trailing 6-month period	84.44%	119.10%	-34.66%
Volatility (1Y) Calculated over the trailing 1-year period	129.20%	150.14%	-20.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	122.13%	148.88%	-26.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	122.13%	148.88%	-26.75%

ORCX vs. INTW - Expense Ratio Comparison

ORCX has a 1.29% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

ORCX vs. INTW - Dividend Comparison

Neither ORCX nor INTW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ORCX and INTW in my portfolio?

ORCX and INTW have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORCX or INTW?

INTW has higher volatility (55.81%) compared to ORCX (49.57%). In terms of maximum drawdown, ORCX dropped -85.98% vs INTW's -60.58%.

Which ETF is better, ORCX or INTW?

On 1-year performance, INTW leads with 1964.55% vs -60.79% for ORCX. On fees, ORCX is cheaper at 1.29% per year. On volatility, ORCX has been the lower-risk option at 49.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ORCX or INTW?

Over the 1-year period, INTW has performed better with a 1964.55% return vs -60.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ORCX or INTW?

ORCX is cheaper with a 1.29% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, ORCX or INTW?

ORCX and INTW have nearly identical dividend yields, around 0.00%.

What is the main difference between ORCX and INTW?

They also come from different issuers: Defiance and GraniteShares. Their fees differ too: 1.29% for ORCX and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (13.25 vs -0.47), 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.