RKNG vs. QQQT

Last updated Jun 23, 2026

RKNG (Defiance Retail Kings ETF) and QQQT (Defiance Nasdaq 100 Income Target ETF) are both exchange-traded funds - RKNG is a Consumer Discretionary Equities fund actively managed by Defiance, while QQQT is a Nasdaq-100 fund actively managed by Defiance. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. RKNG charges 0.79%/yr vs 1.05%/yr for QQQT.

Performance

RKNG vs. QQQT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Retail Kings ETF (RKNG) and Defiance Nasdaq 100 Income Target ETF (QQQT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RKNG

• 1D: 0.37%
• 1M: 6.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQT

• 1D: 0.04%
• 1M: 3.03%
• YTD: 19.05%
• 6M: 18.45%
• 1Y: 34.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RKNG vs. QQQT - Yearly Performance Comparison

	2026 (YTD)
RKNG Defiance Retail Kings ETF	18.70%
QQQT Defiance Nasdaq 100 Income Target ETF	19.00%

Correlation

The correlation between RKNG and QQQT is 0.77, 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 Jan 22, 2026	0.77

Return for Risk

RKNG vs. QQQT — Risk / Return Rank

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

RKNG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQT

QQQT Risk / Return Rank: 62
QQQT Sharpe Ratio Rank: 68
QQQT Sortino Ratio Rank: 63
QQQT Omega Ratio Rank: 70
QQQT Calmar Ratio Rank: 56
QQQT Martin Ratio Rank: 55

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.

RKNG vs. QQQT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Retail Kings ETF (RKNG) and Defiance Nasdaq 100 Income Target ETF (QQQT). 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.

	RKNG	QQQT	Difference
Sharpe ratio: Return per unit of total volatility	—	2.13	—
Sortino ratio: Return per unit of downside risk	—	2.83	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	2.71	—
Martin ratio: Return relative to average drawdown	—	9.30	—

Drawdowns

RKNG vs. QQQT - Drawdown Comparison

The maximum RKNG drawdown since its inception was -34.21%, which is greater than QQQT's maximum drawdown of -22.50%. Use the drawdown chart below to compare losses from any high point for RKNG and QQQT.

Drawdown Indicators

	RKNG	QQQT	Difference
Max Drawdown Largest peak-to-trough decline	-34.21%	-22.50%	-11.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.73%	—
Current Drawdown Current decline from peak	-1.86%	-0.62%	-1.24%
Average Drawdown Average peak-to-trough decline	-12.23%	-3.98%	-8.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.70%	—

Volatility

Volatility by Period

	RKNG	QQQT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.58%	16.22%	+44.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.58%	20.66%	+39.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.58%	20.66%	+39.92%

RKNG vs. QQQT - Expense Ratio Comparison

RKNG has a 0.79% expense ratio, which is lower than QQQT's 1.05% expense ratio.

Dividends

RKNG vs. QQQT - Dividend Comparison

RKNG has not paid dividends to shareholders, while QQQT's dividend yield for the trailing twelve months is around 19.22%.

Position	TTM	2025	2024
QQQT Defiance Nasdaq 100 Income Target ETF	19.22%	21.27%	10.35%
RKNG Defiance Retail Kings ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RKNG and QQQT in my portfolio?

RKNG and QQQT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RKNG or QQQT?

On fees, RKNG is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RKNG or QQQT?

RKNG is cheaper with a 0.79% expense ratio, compared with 1.05% for QQQT.

Which ETF pays a higher dividend yield, RKNG or QQQT?

QQQT has the higher dividend yield at 19.22%, compared with 0.00% for RKNG.

What is the main difference between RKNG and QQQT?

RKNG is categorized as Consumer Discretionary Equities, while QQQT is Nasdaq-100. Their fees differ too: 0.79% for RKNG and 1.05% for QQQT.