RKLX vs. DBPE.DE
RKLX (Defiance Daily Target 2X Long RKLB ETF) and DBPE.DE (Xtrackers LevDAX Daily Swap UCITS ETF (Acc)) are both Leveraged Equities funds. RKLX is actively managed, while DBPE.DE is passively managed. Over the past year, RKLX returned 25.23% vs -2.11% for DBPE.DE. At a 0.26 correlation, their price movements are largely independent. RKLX charges 1.29%/yr vs 0.35%/yr for DBPE.DE.
Performance
RKLX vs. DBPE.DE - Performance Comparison
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Different Trading Currencies
RKLX is traded in USD, while DBPE.DE is traded in EUR. To make them comparable, the DBPE.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RKLX achieves a -38.35% return, which is significantly lower than DBPE.DE's -2.28% return.
RKLX
- 1D
- -10.64%
- 1M
- -49.21%
- 6M
- -60.28%
- YTD
- -38.35%
- 1Y
- 25.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DBPE.DE
- 1D
- -0.01%
- 1M
- 1.61%
- 6M
- -8.27%
- YTD
- -2.28%
- 1Y
- -2.11%
- 3Y*
- 26.04%
- 5Y*
- 12.03%
- 10Y*
- 14.01%
RKLX vs. DBPE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RKLX Defiance Daily Target 2X Long RKLB ETF | -38.35% | 579.88% |
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | -2.28% | 19.12% |
Correlation
The correlation between RKLX and DBPE.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2025 | 0.26 |
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Return for Risk
RKLX vs. DBPE.DE — Risk / Return Rank
RKLX
DBPE.DE
RKLX vs. DBPE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RKLB ETF (RKLX) and Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE). 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.
| RKLX | DBPE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.02 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | -0.08 | +0.41 |
| Martin ratioReturn relative to average drawdown | 0.61 | -0.25 | +0.85 |
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Drawdowns
RKLX vs. DBPE.DE - Drawdown Comparison
The maximum RKLX drawdown since its inception was -78.43%, which is greater than DBPE.DE's maximum drawdown of -68.84%. Use the drawdown chart below to compare losses from any high point for RKLX and DBPE.DE.
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Drawdown Indicators
| RKLX | DBPE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.43% | -68.84% | -9.59% |
Max Drawdown (1Y)Largest decline over 1 year | -78.43% | -25.16% | -53.27% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.84% | — |
Current DrawdownCurrent decline from peak | -78.43% | -8.27% | -70.16% |
Average DrawdownAverage peak-to-trough decline | -28.61% | -18.90% | -9.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.61% | 8.55% | +33.06% |
Volatility
RKLX vs. DBPE.DE - Volatility Comparison
Defiance Daily Target 2X Long RKLB ETF (RKLX) has a higher volatility of 62.36% compared to Xtrackers LevDAX Daily Swap UCITS ETF (Acc) (DBPE.DE) at 9.80%. This indicates that RKLX's price experiences larger fluctuations and is considered to be riskier than DBPE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RKLX | DBPE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 62.36% | 9.80% | +52.56% |
Volatility (6M)Calculated over the trailing 6-month period | 142.87% | 28.34% | +114.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 189.52% | 33.45% | +156.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 184.30% | 36.97% | +147.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 184.30% | 37.62% | +146.68% |
RKLX vs. DBPE.DE - Expense Ratio Comparison
RKLX has a 1.29% expense ratio, which is higher than DBPE.DE's 0.35% expense ratio.
Dividends
RKLX vs. DBPE.DE - Dividend Comparison
RKLX's dividend yield for the trailing twelve months is around 24.24%, while DBPE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
DBPE.DE Xtrackers LevDAX Daily Swap UCITS ETF (Acc) | 0.00% | 0.00% |
RKLX Defiance Daily Target 2X Long RKLB ETF | 24.24% | 14.94% |
Frequently Asked Questions
RKLX and DBPE.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBPE.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBPE.DE is cheaper with a 0.35% expense ratio, compared with 1.29% for RKLX.
They also come from different issuers: Defiance and Xtrackers. Their fees differ too: 1.29% for RKLX and 0.35% for DBPE.DE.
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