RGTX vs. USOY

Last updated Jun 4, 2026

RGTX (Defiance Daily Target 2X Long RGTI ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - RGTX is a Leveraged Equities fund actively managed by Defiance, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. Over the past year, RGTX returned -6.41% vs 57.29% for USOY. At a correlation of -0.02, they often move in opposite directions. RGTX charges 1.29%/yr vs 1.22%/yr for USOY.

Performance

RGTX vs. USOY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long RGTI ETF (RGTX) and Defiance Oil Enhanced Options Income ETF (USOY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGTX achieves a -33.35% return, which is significantly lower than USOY's 62.18% return.

RGTX

• 1D: -20.63%
• 1M: 51.50%
• YTD: -33.35%
• 6M: -56.81%
• 1Y: -6.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: 1.45%
• 1M: -3.43%
• YTD: 62.18%
• 6M: 59.35%
• 1Y: 57.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGTX vs. USOY - Yearly Performance Comparison

	2026 (YTD)	2025
RGTX Defiance Daily Target 2X Long RGTI ETF	-33.35%	153.12%
USOY Defiance Oil Enhanced Options Income ETF	62.18%	-10.23%

Correlation

The correlation between RGTX and USOY is -0.09, 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 (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Apr 2, 2025	-0.02

Return for Risk

RGTX vs. USOY — Risk / Return Rank

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

RGTX

RGTX Risk / Return Rank: 17
RGTX Sharpe Ratio Rank: 9
RGTX Sortino Ratio Rank: 32
RGTX Omega Ratio Rank: 27
RGTX Calmar Ratio Rank: 8
RGTX Martin Ratio Rank: 8

USOY

USOY Risk / Return Rank: 56
USOY Sharpe Ratio Rank: 55
USOY Sortino Ratio Rank: 46
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 78
USOY Martin Ratio Rank: 46

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.

RGTX vs. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RGTI ETF (RGTX) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

	RGTX	USOY	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	1.89	-1.92
Sortino ratio: Return per unit of downside risk	1.69	2.30	-0.61
Omega ratio: Gain probability vs. loss probability	1.18	1.35	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.07	4.03	-4.09
Martin ratio: Return relative to average drawdown	-0.09	7.74	-7.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGTX vs. USOY - Sharpe Ratio Comparison

The current RGTX Sharpe Ratio is -0.03, which is lower than the USOY Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of RGTX and USOY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RGTX	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	1.89	-1.92
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.99	-0.74

Drawdowns

RGTX vs. USOY - Drawdown Comparison

The maximum RGTX drawdown since its inception was -97.33%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for RGTX and USOY.

Drawdown Indicators

	RGTX	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-97.33%	-17.46%	-79.87%
Max Drawdown (1Y) Largest decline over 1 year	-97.33%	-14.29%	-83.04%
Current Drawdown Current decline from peak	-93.10%	-5.11%	-87.99%
Average Drawdown Average peak-to-trough decline	-55.03%	-6.47%	-48.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.91%	7.42%	+63.49%

Volatility

RGTX vs. USOY - Volatility Comparison

Defiance Daily Target 2X Long RGTI ETF (RGTX) has a higher volatility of 83.08% compared to Defiance Oil Enhanced Options Income ETF (USOY) at 11.62%. This indicates that RGTX's price experiences larger fluctuations and is considered to be riskier than USOY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGTX	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	83.08%	11.62%	+71.46%
Volatility (6M) Calculated over the trailing 6-month period	139.30%	27.18%	+112.12%
Volatility (1Y) Calculated over the trailing 1-year period	215.89%	30.44%	+185.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	223.72%	26.13%	+197.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	223.72%	26.13%	+197.59%

RGTX vs. USOY - Expense Ratio Comparison

RGTX has a 1.29% expense ratio, which is higher than USOY's 1.22% expense ratio.

Dividends

RGTX vs. USOY - Dividend Comparison

RGTX's dividend yield for the trailing twelve months is around 0.82%, less than USOY's 54.16% yield.

Position	TTM	2025	2024
RGTX Defiance Daily Target 2X Long RGTI ETF	0.82%	0.55%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	54.16%	104.32%	48.60%

Frequently Asked Questions

Can I hold both RGTX and USOY in my portfolio?

RGTX and USOY have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGTX or USOY?

RGTX has higher volatility (83.08%) compared to USOY (11.62%). In terms of maximum drawdown, RGTX dropped -97.33% vs USOY's -17.46%.

Which ETF is better, RGTX or USOY?

On 1-year performance, USOY leads with 57.29% vs -6.41% for RGTX. On fees, USOY is cheaper at 1.22% per year. On volatility, USOY has been the lower-risk option at 11.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RGTX or USOY?

Over the 1-year period, USOY has performed better with a 57.29% return vs -6.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RGTX or USOY?

USOY is cheaper with a 1.22% expense ratio, compared with 1.29% for RGTX.

Which ETF pays a higher dividend yield, RGTX or USOY?

USOY has the higher dividend yield at 54.16%, compared with 0.82% for RGTX.

What is the main difference between RGTX and USOY?

RGTX is categorized as Leveraged Equities, while USOY is Derivative Income. Their fees differ too: 1.29% for RGTX and 1.22% for USOY.

Which has better risk-adjusted returns?

USOY currently has the higher Sharpe Ratio (1.89 vs -0.03), 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.