RKNG vs. USOY

Last updated Jun 5, 2026

RKNG (Defiance Retail Kings ETF) and USOY (Defiance Oil Enhanced Options Income ETF) are both exchange-traded funds - RKNG is a Consumer Discretionary Equities fund actively managed by Defiance, while USOY is a Derivative Income fund actively managed by Defiance. Both are actively managed. At a correlation of -0.29, they often move in opposite directions. RKNG charges 0.79%/yr vs 1.22%/yr for USOY.

Performance

RKNG vs. USOY - Performance Comparison

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

Returns By Period

RKNG

• 1D: -0.12%
• 1M: 12.39%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

USOY

• 1D: -1.79%
• 1M: -3.80%
• YTD: 59.27%
• 6M: 55.41%
• 1Y: 54.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RKNG vs. USOY - Yearly Performance Comparison

	2026 (YTD)
RKNG Defiance Retail Kings ETF	16.03%
USOY Defiance Oil Enhanced Options Income ETF	54.63%

Correlation

The correlation between RKNG and USOY is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	-0.29

Return for Risk

RKNG vs. USOY — Risk / Return Rank

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

USOY

USOY Risk / Return Rank: 55
USOY Sharpe Ratio Rank: 54
USOY Sortino Ratio Rank: 45
USOY Omega Ratio Rank: 55
USOY Calmar Ratio Rank: 77
USOY Martin Ratio Rank: 46

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. USOY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Retail Kings ETF (RKNG) and Defiance Oil Enhanced Options Income ETF (USOY). 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.

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

Sharpe Ratios by Period

	RKNG	USOY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.95	-0.08

Drawdowns

RKNG vs. USOY - Drawdown Comparison

The maximum RKNG drawdown since its inception was -34.21%, which is greater than USOY's maximum drawdown of -17.46%. Use the drawdown chart below to compare losses from any high point for RKNG and USOY.

Drawdown Indicators

	RKNG	USOY	Difference
Max Drawdown Largest peak-to-trough decline	-34.21%	-17.46%	-16.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-2.72%	-6.81%	+4.09%
Average Drawdown Average peak-to-trough decline	-12.80%	-6.47%	-6.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.43%	—

Volatility

Volatility by Period

	RKNG	USOY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.62%	30.50%	+28.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.62%	26.14%	+32.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.62%	26.14%	+32.48%

RKNG vs. USOY - Expense Ratio Comparison

RKNG has a 0.79% expense ratio, which is lower than USOY's 1.22% expense ratio.

Dividends

RKNG vs. USOY - Dividend Comparison

RKNG has not paid dividends to shareholders, while USOY's dividend yield for the trailing twelve months is around 56.65%.

Position	TTM	2025	2024
RKNG Defiance Retail Kings ETF	0.00%	0.00%	0.00%
USOY Defiance Oil Enhanced Options Income ETF	56.65%	104.32%	48.60%

Frequently Asked Questions

Can I hold both RKNG and USOY in my portfolio?

RKNG and USOY have a correlation of -0.29, 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 USOY?

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 USOY?

RKNG is cheaper with a 0.79% expense ratio, compared with 1.22% for USOY.

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

USOY has the higher dividend yield at 56.65%, compared with 0.00% for RKNG.

What is the main difference between RKNG and USOY?

RKNG is categorized as Consumer Discretionary Equities, while USOY is Derivative Income. Their fees differ too: 0.79% for RKNG and 1.22% for USOY.