RKLX vs. QTUM

Last updated Jun 3, 2026

RKLX (Defiance Daily Target 2X Long RKLB ETF) and QTUM (Defiance Quantum ETF) are both exchange-traded funds - RKLX is a Leveraged Equities fund actively managed by Defiance, while QTUM is a Technology Equities fund tracking the BlueStar Machine Learning and Quantum Computing Index. RKLX is actively managed, while QTUM is passively managed. Over the past year, RKLX returned 647.63% vs 95.36% for QTUM. A 0.57 correlation means they provide meaningful diversification when combined. RKLX charges 1.29%/yr vs 0.40%/yr for QTUM.

Performance

RKLX vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long RKLB ETF (RKLX) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RKLX achieves a 85.55% return, which is significantly higher than QTUM's 53.29% return.

RKLX

• 1D: 1.48%
• 1M: 104.80%
• YTD: 85.55%
• 6M: 358.67%
• 1Y: 647.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QTUM

• 1D: -0.59%
• 1M: 23.63%
• YTD: 53.29%
• 6M: 50.69%
• 1Y: 95.36%
• 3Y*: 52.22%
• 5Y*: 29.15%
• 10Y*: —

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

RKLX vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025
RKLX Defiance Daily Target 2X Long RKLB ETF	85.55%	654.37%
QTUM Defiance Quantum ETF	53.29%	46.28%

Correlation

The correlation between RKLX and QTUM is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.57

The correlation between RKLX and QTUM has been stable across timeframes, ranging from 0.54 to 0.57 - a consistent structural relationship.

RKLX vs. QTUM - Sectors Allocation Comparison

Sectors	RKLX	QTUM
Industrials	100.0%	9.0%
Basic Materials	-	-
Communication Services	-	5.3%
Consumer Cyclical	-	0.8%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	0.7%
Real Estate	-	-
Technology	-	84.2%
Utilities	-	-

Return for Risk

RKLX vs. QTUM — Risk / Return Rank

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

RKLX

RKLX Risk / Return Rank: 81
RKLX Sharpe Ratio Rank: 93
RKLX Sortino Ratio Rank: 70
RKLX Omega Ratio Rank: 64
RKLX Calmar Ratio Rank: 96
RKLX Martin Ratio Rank: 83

QTUM

QTUM Risk / Return Rank: 91
QTUM Sharpe Ratio Rank: 94
QTUM Sortino Ratio Rank: 90
QTUM Omega Ratio Rank: 87
QTUM Calmar Ratio Rank: 92
QTUM Martin Ratio Rank: 92

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.

RKLX vs. QTUM - 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 Quantum ETF (QTUM). 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.

	RKLX	QTUM	Difference
Sharpe ratio Return per unit of total volatility	3.57	3.65	-0.08
Sortino ratio Return per unit of downside risk	3.28	4.26	-0.98
Omega ratio Gain probability vs. loss probability	1.40	1.55	-0.15
Calmar ratio Return relative to maximum drawdown	8.89	6.28	+2.61
Martin ratio Return relative to average drawdown	17.44	23.69	-6.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RKLX vs. QTUM - Sharpe Ratio Comparison

The current RKLX Sharpe Ratio is 3.57, which is comparable to the QTUM Sharpe Ratio of 3.65. The chart below compares the historical Sharpe Ratios of RKLX and QTUM, 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

	RKLX	QTUM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.57	3.65	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.29	1.08	+3.22

Drawdowns

RKLX vs. QTUM - Drawdown Comparison

The maximum RKLX drawdown since its inception was -71.71%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for RKLX and QTUM.

Drawdown Indicators

	RKLX	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-71.71%	-38.45%	-33.26%
Max Drawdown (1Y) Largest decline over 1 year	-71.71%	-15.26%	-56.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-35.07%	-0.59%	-34.48%
Average Drawdown Average peak-to-trough decline	-25.84%	-8.25%	-17.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.55%	4.04%	+32.51%

Volatility

RKLX vs. QTUM - Volatility Comparison

Defiance Daily Target 2X Long RKLB ETF (RKLX) has a higher volatility of 78.47% compared to Defiance Quantum ETF (QTUM) at 9.76%. This indicates that RKLX's price experiences larger fluctuations and is considered to be riskier than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RKLX	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	78.47%	9.76%	+68.71%
Volatility (6M) Calculated over the trailing 6-month period	141.63%	20.35%	+121.28%
Volatility (1Y) Calculated over the trailing 1-year period	182.93%	26.26%	+156.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	181.64%	26.56%	+155.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	181.64%	27.17%	+154.47%

RKLX vs. QTUM - Expense Ratio Comparison

RKLX has a 1.29% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

RKLX vs. QTUM - Dividend Comparison

RKLX's dividend yield for the trailing twelve months is around 8.05%, more than QTUM's 0.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
QTUM Defiance Quantum ETF	0.70%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%
RKLX Defiance Daily Target 2X Long RKLB ETF	8.05%	14.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RKLX and QTUM in my portfolio?

RKLX and QTUM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RKLX or QTUM?

RKLX has higher volatility (78.47%) compared to QTUM (9.76%). In terms of maximum drawdown, RKLX dropped -71.71% vs QTUM's -38.45%.

Which ETF is better, RKLX or QTUM?

On 1-year performance, RKLX leads with 647.63% vs 95.36% for QTUM. On fees, QTUM is cheaper at 0.40% per year. On volatility, QTUM has been the lower-risk option at 9.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RKLX or QTUM?

Over the 1-year period, RKLX has performed better with a 647.63% return vs 95.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RKLX or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 1.29% for RKLX.

Which ETF pays a higher dividend yield, RKLX or QTUM?

RKLX has the higher dividend yield at 8.05%, compared with 0.70% for QTUM.

What is the main difference between RKLX and QTUM?

RKLX is categorized as Leveraged Equities, while QTUM is Technology Equities. Their fees differ too: 1.29% for RKLX and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (3.65 vs 3.57), 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.