RKTL vs. JEDI

Last updated Jul 17, 2026

RKTL (Defiance Daily Target 2X Long RKT ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - RKTL is a Leveraged Equities fund tracking the Rocket Companies, Inc. (RKT), while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. Both are passively managed. At a 0.43 correlation, their price movements are largely independent. RKTL charges 1.31%/yr vs 0.69%/yr for JEDI.

Performance

RKTL vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long RKT ETF (RKTL) and Defiance Drone and Modern Warfare ETF (JEDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RKTL

• 1D: 3.49%
• 1M: 7.10%
• 6M: -71.65%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -6.45%
• 1M: -24.78%
• 6M: -21.69%
• YTD: -4.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RKTL vs. JEDI - Yearly Performance Comparison

	2026 (YTD)
RKTL Defiance Daily Target 2X Long RKT ETF	-70.91%
JEDI Defiance Drone and Modern Warfare ETF	-21.02%

Correlation

The correlation between RKTL and JEDI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.43

Return for Risk

RKTL vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long RKT ETF (RKTL) 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.

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

Drawdowns

RKTL vs. JEDI - Drawdown Comparison

The maximum RKTL drawdown since its inception was -79.04%, which is greater than JEDI's maximum drawdown of -45.26%. Use the drawdown chart below to compare losses from any high point for RKTL and JEDI.

Drawdown Indicators

	RKTL	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	-45.26%	-33.78%
Current Drawdown Current decline from peak	-71.65%	-45.26%	-26.39%
Average Drawdown Average peak-to-trough decline	-59.15%	-12.33%	-46.82%

Volatility

Volatility by Period

	RKTL	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	128.05%	52.37%	+75.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.05%	52.37%	+75.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.05%	52.37%	+75.68%

RKTL vs. JEDI - Expense Ratio Comparison

RKTL has a 1.31% expense ratio, which is higher than JEDI's 0.69% expense ratio.

Dividends

RKTL vs. JEDI - Dividend Comparison

Neither RKTL nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both RKTL and JEDI in my portfolio?

RKTL and JEDI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RKTL or JEDI?

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.

Which ETF is cheaper, RKTL or JEDI?

JEDI is cheaper with a 0.69% expense ratio, compared with 1.31% for RKTL.

Which ETF pays a higher dividend yield, RKTL or JEDI?

RKTL and JEDI have nearly identical dividend yields, around 0.00%.

What is the main difference between RKTL and JEDI?

RKTL is categorized as Leveraged Equities, while JEDI is Aerospace & Defense. RKTL tracks Rocket Companies, Inc. (RKT), while JEDI tracks BITA Drone & Modern Warfare Select Index. Their fees differ too: 1.31% for RKTL and 0.69% for JEDI.