RXT vs. SHLD
RXT (Rackspace Technology, Inc.) is a stock, while SHLD (Global X Defense Tech ETF) is Aerospace & Defense fund tracking the Global X Defense Tech Index. Over the past year, RXT returned 405.83% vs 9.71% for SHLD. At a 0.20 correlation, their price movements are largely independent.
Performance
RXT vs. SHLD - Performance Comparison
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Returns By Period
In the year-to-date period, RXT achieves a 436.62% return, which is significantly higher than SHLD's -2.28% return.
RXT
- 1D
- -4.40%
- 1M
- 159.20%
- YTD
- 436.62%
- 6M
- 405.83%
- 1Y
- 405.83%
- 3Y*
- 43.58%
- 5Y*
- -24.22%
- 10Y*
- —
SHLD
- 1D
- -2.39%
- 1M
- -7.01%
- YTD
- -2.28%
- 6M
- 1.71%
- 1Y
- 9.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RXT vs. SHLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RXT Rackspace Technology, Inc. | 436.62% | -56.07% | 10.50% | 33.33% |
SHLD Global X Defense Tech ETF | -2.28% | 74.16% | 35.03% | 12.89% |
Correlation
The correlation between RXT and SHLD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023 | 0.20 |
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Return for Risk
RXT vs. SHLD — Risk / Return Rank
RXT
SHLD
RXT vs. SHLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rackspace Technology, Inc. (RXT) and Global X Defense Tech ETF (SHLD). 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.
| RXT | SHLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.41 | +1.06 |
Sortino ratioReturn per unit of downside risk | 5.34 | 0.74 | +4.60 |
Omega ratioGain probability vs. loss probability | 1.57 | 1.08 | +0.48 |
Calmar ratioReturn relative to maximum drawdown | 5.27 | 0.49 | +4.78 |
Martin ratioReturn relative to average drawdown | 11.92 | 1.30 | +10.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RXT | SHLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.41 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 2.00 | -2.13 |
Drawdowns
RXT vs. SHLD - Drawdown Comparison
The maximum RXT drawdown since its inception was -98.43%, which is greater than SHLD's maximum drawdown of -20.10%. Use the drawdown chart below to compare losses from any high point for RXT and SHLD.
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Drawdown Indicators
| RXT | SHLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.43% | -20.10% | -78.33% |
Max Drawdown (1Y)Largest decline over 1 year | -77.65% | -20.10% | -57.55% |
Max Drawdown (3Y)Largest decline over 3 years | -86.50% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -98.08% | — | — |
Current DrawdownCurrent decline from peak | -80.02% | -18.85% | -61.17% |
Average DrawdownAverage peak-to-trough decline | -71.95% | -3.19% | -68.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.25% | 7.51% | +26.74% |
Volatility
RXT vs. SHLD - Volatility Comparison
Rackspace Technology, Inc. (RXT) has a higher volatility of 89.50% compared to Global X Defense Tech ETF (SHLD) at 7.81%. This indicates that RXT's price experiences larger fluctuations and is considered to be riskier than SHLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RXT | SHLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 89.50% | 7.81% | +81.69% |
Volatility (6M)Calculated over the trailing 6-month period | 178.10% | 19.35% | +158.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 279.73% | 24.05% | +255.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 146.72% | 21.13% | +125.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 137.57% | 21.13% | +116.44% |
Dividends
RXT vs. SHLD - Dividend Comparison
RXT has not paid dividends to shareholders, while SHLD's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
RXT Rackspace Technology, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD Global X Defense Tech ETF | 0.56% | 0.55% | 0.53% | 0.26% |
Frequently Asked Questions
RXT and SHLD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RXT has higher volatility (89.50%) compared to SHLD (7.81%). In terms of maximum drawdown, RXT dropped -98.43% vs SHLD's -20.10%.
RXT currently has the higher Sharpe Ratio (1.46 vs 0.41), 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.
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