RKTL vs. XMAG

Last updated Jun 4, 2026

RKTL (Defiance Daily Target 2X Long RKT ETF) and XMAG (Defiance Large Cap ex-Mag 7 ETF) are both exchange-traded funds - RKTL is a Leveraged Equities fund tracking the Rocket Companies, Inc. (RKT), while XMAG is a Large Cap Blend Equities fund tracking the BITA US 500 ex Magnificent 7 Index. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. RKTL charges 1.31%/yr vs 0.35%/yr for XMAG.

Performance

RKTL vs. XMAG - 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 Large Cap ex-Mag 7 ETF (XMAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RKTL

• 1D: -15.82%
• 1M: -19.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMAG

• 1D: 0.01%
• 1M: 6.69%
• YTD: 12.73%
• 6M: 13.28%
• 1Y: 24.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RKTL vs. XMAG - Yearly Performance Comparison

	2026 (YTD)
RKTL Defiance Daily Target 2X Long RKT ETF	-75.34%
XMAG Defiance Large Cap ex-Mag 7 ETF	10.47%

Correlation

The correlation between RKTL and XMAG is 0.58, 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 14, 2026	0.58

Return for Risk

RKTL vs. XMAG — Risk / Return Rank

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

XMAG

XMAG Risk / Return Rank: 68
XMAG Sharpe Ratio Rank: 66
XMAG Sortino Ratio Rank: 69
XMAG Omega Ratio Rank: 63
XMAG Calmar Ratio Rank: 67
XMAG Martin Ratio Rank: 77

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.

RKTL vs. XMAG - 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 Large Cap ex-Mag 7 ETF (XMAG). 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

	RKTL	XMAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.77	1.11	-1.88

Drawdowns

RKTL vs. XMAG - Drawdown Comparison

The maximum RKTL drawdown since its inception was -77.06%, which is greater than XMAG's maximum drawdown of -16.17%. Use the drawdown chart below to compare losses from any high point for RKTL and XMAG.

Drawdown Indicators

	RKTL	XMAG	Difference
Max Drawdown Largest peak-to-trough decline	-77.06%	-16.17%	-60.89%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.29%	—
Current Drawdown Current decline from peak	-76.53%	0.00%	-76.53%
Average Drawdown Average peak-to-trough decline	-55.51%	-2.13%	-53.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.63%	—

Volatility

Volatility by Period

	RKTL	XMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	127.29%	11.10%	+116.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.29%	15.12%	+112.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.29%	15.12%	+112.17%

RKTL vs. XMAG - Expense Ratio Comparison

RKTL has a 1.31% expense ratio, which is higher than XMAG's 0.35% expense ratio.

Dividends

RKTL vs. XMAG - Dividend Comparison

RKTL has not paid dividends to shareholders, while XMAG's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024
RKTL Defiance Daily Target 2X Long RKT ETF	0.00%	0.00%	0.00%
XMAG Defiance Large Cap ex-Mag 7 ETF	0.46%	0.51%	0.24%

Frequently Asked Questions

Can I hold both RKTL and XMAG in my portfolio?

RKTL and XMAG have a correlation of 0.58, 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 XMAG?

On fees, XMAG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RKTL or XMAG?

XMAG is cheaper with a 0.35% expense ratio, compared with 1.31% for RKTL.

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

XMAG has the higher dividend yield at 0.46%, compared with 0.00% for RKTL.

What is the main difference between RKTL and XMAG?

RKTL is categorized as Leveraged Equities, while XMAG is Large Cap Blend Equities. RKTL tracks Rocket Companies, Inc. (RKT), while XMAG tracks BITA US 500 ex Magnificent 7 Index. Their fees differ too: 1.31% for RKTL and 0.35% for XMAG.