RKLX vs. JEDI
RKLX (Defiance Daily Target 2X Long RKLB ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - RKLX is a Leveraged Equities fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. RKLX is actively managed, while JEDI is passively managed. Their correlation of 0.81 means they have usually moved in the same direction. RKLX charges 1.29%/yr vs 0.69%/yr for JEDI.
Performance
RKLX vs. JEDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RKLX achieves a -58.86% return, which is significantly lower than JEDI's -1.49% return.
RKLX
- 1D
- 0.68%
- 1M
- -62.20%
- 6M
- -66.47%
- YTD
- -58.86%
- 1Y
- -33.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 110.42%
JEDI
- 1D
- 1.06%
- 1M
- -16.81%
- 6M
- -13.40%
- YTD
- -1.49%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.62M | $4.06M | $7.20M | |
| $52.09M | $66.50M | $175.62M |
RKLX vs. JEDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RKLX Defiance Daily Target 2X Long RKLB ETF | -58.86% | 70.01% |
JEDI Defiance Drone and Modern Warfare ETF | -1.49% | -3.42% |
Correlation
The correlation between RKLX and JEDI is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025 | 0.81 |
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
RKLX vs. JEDI — Risk / Return Rank
RKLX
JEDI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RKLX vs. JEDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RKLB ETF (RKLX) and Defiance Drone and Modern Warfare ETF (JEDI). 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 | JEDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | — | — |
| Martin ratioReturn relative to average drawdown | -0.82 | — | — |
Loading charts...
Drawdowns
RKLX vs. JEDI - Drawdown Comparison
The maximum RKLX drawdown since its inception was -88.14%, which is greater than JEDI's maximum drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for RKLX and JEDI.
Loading charts...
Drawdown Indicators
| RKLX | JEDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.14% | -48.21% | -39.93% |
Max Drawdown (1Y)Largest decline over 1 year | -88.14% | — | — |
Current DrawdownCurrent decline from peak | -85.60% | -43.64% | -41.96% |
Average DrawdownAverage peak-to-trough decline | -30.82% | -13.94% | -16.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.07% | — | — |
Volatility
RKLX vs. JEDI - Volatility Comparison
Loading charts...
Volatility by Period
| RKLX | JEDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 52.61% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 145.49% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 190.22% | 53.47% | +136.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 184.53% | 53.47% | +131.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 184.53% | 53.47% | +131.06% |
RKLX vs. JEDI - Expense Ratio Comparison
RKLX has a 1.29% expense ratio, which is higher than JEDI's 0.69% expense ratio.
Dividends
RKLX vs. JEDI - Dividend Comparison
RKLX's dividend yield for the trailing twelve months is around 36.33%, while JEDI has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
JEDI Defiance Drone and Modern Warfare ETF | 0.00% | 0.00% |
RKLX Defiance Daily Target 2X Long RKLB ETF | 36.33% | 14.94% |
Frequently Asked Questions
RKLX and JEDI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JEDI is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JEDI is cheaper with a 0.69% expense ratio, compared with 1.29% for RKLX.
RKLX has the higher dividend yield at 36.33%, compared with 0.00% for JEDI.
RKLX is categorized as Leveraged Equities, while JEDI is Aerospace & Defense. Their fees differ too: 1.29% for RKLX and 0.69% for JEDI.
Find the right allocation for RKLX and JEDI
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