RIOX vs. AIPO
RIOX (Defiance Daily Target 2X Long RIOT ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - RIOX is a Leveraged Equities fund actively managed by Defiance, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. RIOX is actively managed, while AIPO is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. RIOX charges 0.95%/yr vs 0.69%/yr for AIPO.
Performance
RIOX vs. AIPO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RIOX achieves a 56.03% return, which is significantly higher than AIPO's 41.18% return.
RIOX
- 1D
- -5.15%
- 1M
- -40.16%
- 6M
- 8.91%
- YTD
- 56.03%
- 1Y
- -4.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIPO
- 1D
- -0.41%
- 1M
- 1.10%
- 6M
- 34.03%
- YTD
- 41.18%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RIOX vs. AIPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RIOX Defiance Daily Target 2X Long RIOT ETF | 56.03% | -55.19% |
AIPO Defiance AI & Power Infrastructure ETF | 41.18% | 9.46% |
Correlation
The correlation between RIOX and AIPO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025 | 0.62 |
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
RIOX vs. AIPO — Risk / Return Rank
RIOX
AIPO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RIOX vs. AIPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RIOT ETF (RIOX) and Defiance AI & Power Infrastructure ETF (AIPO). 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.
| RIOX | AIPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | — | — |
| Martin ratioReturn relative to average drawdown | -0.14 | — | — |
Loading charts...
Drawdowns
RIOX vs. AIPO - Drawdown Comparison
The maximum RIOX drawdown since its inception was -84.40%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for RIOX and AIPO.
Loading charts...
Drawdown Indicators
| RIOX | AIPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.40% | -17.31% | -67.09% |
Max Drawdown (1Y)Largest decline over 1 year | -84.40% | — | — |
Current DrawdownCurrent decline from peak | -62.53% | -10.18% | -52.35% |
Average DrawdownAverage peak-to-trough decline | -51.64% | -4.63% | -47.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.20% | — | — |
Volatility
RIOX vs. AIPO - Volatility Comparison
Loading charts...
Volatility by Period
| RIOX | AIPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 44.93% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 123.96% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 169.28% | 35.92% | +133.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 168.91% | 35.92% | +132.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 168.91% | 35.92% | +132.99% |
RIOX vs. AIPO - Expense Ratio Comparison
RIOX has a 0.95% expense ratio, which is higher than AIPO's 0.69% expense ratio.
Dividends
RIOX vs. AIPO - Dividend Comparison
RIOX's dividend yield for the trailing twelve months is around 38.94%, more than AIPO's 0.01% yield.
| Position | TTM | 2025 |
|---|---|---|
AIPO Defiance AI & Power Infrastructure ETF | 0.01% | 0.01% |
RIOX Defiance Daily Target 2X Long RIOT ETF | 38.94% | 60.76% |
Frequently Asked Questions
RIOX and AIPO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AIPO is cheaper with a 0.69% expense ratio, compared with 0.95% for RIOX.
RIOX has the higher dividend yield at 38.94%, compared with 0.01% for AIPO.
RIOX is categorized as Leveraged Equities, while AIPO is Building & Construction. Their fees differ too: 0.95% for RIOX and 0.69% for AIPO.
Find the right allocation for RIOX and AIPO
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