RGTX vs. XMAG

Last updated Jun 26, 2026

RGTX (Defiance Daily Target 2X Long RGTI ETF) and XMAG (Defiance Large Cap ex-Mag 7 ETF) are both exchange-traded funds - RGTX is a Leveraged Equities fund actively managed by Defiance, while XMAG is a Large Cap Blend Equities fund tracking the BITA US 500 ex Magnificent 7 Index. RGTX is actively managed, while XMAG is passively managed. Over the past year, RGTX returned -38.90% vs 24.56% for XMAG. At a 0.42 correlation, their price movements are largely independent. RGTX charges 1.29%/yr vs 0.35%/yr for XMAG.

Performance

RGTX vs. XMAG - 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 Large Cap ex-Mag 7 ETF (XMAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGTX achieves a -65.29% return, which is significantly lower than XMAG's 14.15% return.

RGTX

• 1D: -12.00%
• 1M: -53.67%
• YTD: -65.29%
• 6M: -72.18%
• 1Y: -38.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMAG

• 1D: 1.18%
• 1M: 3.37%
• YTD: 14.15%
• 6M: 13.13%
• 1Y: 24.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGTX vs. XMAG - Yearly Performance Comparison

	2026 (YTD)	2025
RGTX Defiance Daily Target 2X Long RGTI ETF	-65.29%	162.83%
XMAG Defiance Large Cap ex-Mag 7 ETF	14.15%	15.16%

Correlation

The correlation between RGTX and XMAG is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	0.42

RGTX vs. XMAG - Sectors Allocation Comparison

Sectors	RGTX	XMAG
Technology	100.0%	29.0%
Basic Materials	-	2.5%
Communication Services	-	3.2%
Consumer Cyclical	-	5.5%
Consumer Defensive	-	6.9%
Energy	-	4.7%
Financial Services	-	16.7%
Healthcare	-	12.6%
Industrials	-	12.1%
Real Estate	-	2.7%
Utilities	-	3.8%

Return for Risk

RGTX vs. XMAG — Risk / Return Rank

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

RGTX

RGTX Risk / Return Rank: 14
RGTX Sharpe Ratio Rank: 8
RGTX Sortino Ratio Rank: 26
RGTX Omega Ratio Rank: 22
RGTX Calmar Ratio Rank: 6
RGTX Martin Ratio Rank: 7

XMAG

XMAG Risk / Return Rank: 78
XMAG Sharpe Ratio Rank: 77
XMAG Sortino Ratio Rank: 78
XMAG Omega Ratio Rank: 73
XMAG Calmar Ratio Rank: 76
XMAG Martin Ratio Rank: 84

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. XMAG - 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 Large Cap ex-Mag 7 ETF (XMAG). 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.

	RGTX	XMAG	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	2.12	-2.29
Sortino ratio: Return per unit of downside risk	1.35	3.01	-1.66
Omega ratio: Gain probability vs. loss probability	1.15	1.37	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.40	3.38	-3.78
Martin ratio: Return relative to average drawdown	-0.52	14.86	-15.39

RGTX vs. XMAG - Sharpe Ratio Comparison

The current RGTX Sharpe Ratio is -0.18, which is lower than the XMAG Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of RGTX and XMAG, 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

RGTX vs. XMAG - Drawdown Comparison

The maximum RGTX drawdown since its inception was -97.33%, which is greater than XMAG's maximum drawdown of -16.17%. Use the drawdown chart below to compare losses from any high point for RGTX and XMAG.

Drawdown Indicators

	RGTX	XMAG	Difference
Max Drawdown Largest peak-to-trough decline	-97.33%	-16.17%	-81.16%
Max Drawdown (1Y) Largest decline over 1 year	-97.33%	-7.29%	-90.04%
Current Drawdown Current decline from peak	-96.41%	0.00%	-96.41%
Average Drawdown Average peak-to-trough decline	-56.80%	-2.08%	-54.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.46%	1.66%	+72.80%

Volatility

RGTX vs. XMAG - Volatility Comparison

Defiance Daily Target 2X Long RGTI ETF (RGTX) has a higher volatility of 64.25% compared to Defiance Large Cap ex-Mag 7 ETF (XMAG) at 4.44%. This indicates that RGTX's price experiences larger fluctuations and is considered to be riskier than XMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGTX	XMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	64.25%	4.44%	+59.81%
Volatility (6M) Calculated over the trailing 6-month period	140.17%	9.25%	+130.92%
Volatility (1Y) Calculated over the trailing 1-year period	218.82%	11.67%	+207.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	222.94%	15.18%	+207.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	222.94%	15.18%	+207.76%

RGTX vs. XMAG - Expense Ratio Comparison

RGTX has a 1.29% expense ratio, which is higher than XMAG's 0.35% expense ratio.

Dividends

RGTX vs. XMAG - Dividend Comparison

RGTX's dividend yield for the trailing twelve months is around 1.57%, more than XMAG's 0.45% yield.

Position	TTM	2025	2024
RGTX Defiance Daily Target 2X Long RGTI ETF	1.57%	0.55%	0.00%
XMAG Defiance Large Cap ex-Mag 7 ETF	0.45%	0.51%	0.24%

Frequently Asked Questions

Can I hold both RGTX and XMAG in my portfolio?

RGTX and XMAG have a correlation of 0.42, 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 XMAG?

RGTX has higher volatility (64.25%) compared to XMAG (4.44%). In terms of maximum drawdown, RGTX dropped -97.33% vs XMAG's -16.17%.

Which ETF is better, RGTX or XMAG?

On 1-year performance, XMAG leads with 24.56% vs -38.90% for RGTX. On fees, XMAG is cheaper at 0.35% per year. On volatility, XMAG has been the lower-risk option at 4.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RGTX or XMAG?

Over the 1-year period, XMAG has performed better with a 24.56% return vs -38.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RGTX or XMAG?

XMAG is cheaper with a 0.35% expense ratio, compared with 1.29% for RGTX.

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

RGTX has the higher dividend yield at 1.57%, compared with 0.45% for XMAG.

What is the main difference between RGTX and XMAG?

RGTX is categorized as Leveraged Equities, while XMAG is Large Cap Blend Equities. Their fees differ too: 1.29% for RGTX and 0.35% for XMAG.

Which has better risk-adjusted returns?

XMAG currently has the higher Sharpe Ratio (2.12 vs -0.18), 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.