TMH vs. RKNG

Last updated Jun 25, 2026

TMH (Toyota Motor Corporation ADRhedged) and RKNG (Defiance Retail Kings ETF) are both Consumer Discretionary Equities funds. TMH is passively managed, while RKNG is actively managed. At a 0.44 correlation, their price movements are largely independent. TMH charges 0.19%/yr vs 0.79%/yr for RKNG.

Performance

TMH vs. RKNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Toyota Motor Corporation ADRhedged (TMH) and Defiance Retail Kings ETF (RKNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TMH

• 1D: 0.63%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RKNG

• 1D: -3.32%
• 1M: -1.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TMH vs. RKNG - Yearly Performance Comparison

	2026 (YTD)
TMH Toyota Motor Corporation ADRhedged	-9.14%
RKNG Defiance Retail Kings ETF	-6.33%

Correlation

The correlation between TMH and RKNG is 0.44, 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 May 28, 2026	0.44

Return for Risk

TMH vs. RKNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Toyota Motor Corporation ADRhedged (TMH) and Defiance Retail Kings ETF (RKNG). 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

TMH vs. RKNG - Drawdown Comparison

The maximum TMH drawdown since its inception was -10.20%, smaller than the maximum RKNG drawdown of -34.21%. Use the drawdown chart below to compare losses from any high point for TMH and RKNG.

Drawdown Indicators

	TMH	RKNG	Difference
Max Drawdown Largest peak-to-trough decline	-10.20%	-34.21%	+24.01%
Current Drawdown Current decline from peak	-9.63%	-9.96%	+0.33%
Average Drawdown Average peak-to-trough decline	-5.98%	-12.16%	+6.18%

Volatility

Volatility by Period

	TMH	RKNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.57%	60.81%	-35.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.57%	60.81%	-35.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.57%	60.81%	-35.24%

TMH vs. RKNG - Expense Ratio Comparison

TMH has a 0.19% expense ratio, which is lower than RKNG's 0.79% expense ratio.

Dividends

TMH vs. RKNG - Dividend Comparison

TMH's dividend yield for the trailing twelve months is around 5.24%, while RKNG has not paid dividends to shareholders.

Position	TTM
RKNG Defiance Retail Kings ETF	0.00%
TMH Toyota Motor Corporation ADRhedged	5.24%

Frequently Asked Questions

Can I hold both TMH and RKNG in my portfolio?

TMH and RKNG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMH or RKNG?

On fees, TMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TMH or RKNG?

TMH is cheaper with a 0.19% expense ratio, compared with 0.79% for RKNG.

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

TMH has the higher dividend yield at 5.24%, compared with 0.00% for RKNG.

What is the main difference between TMH and RKNG?

They also come from different issuers: ADRhedged and Defiance. Their fees differ too: 0.19% for TMH and 0.79% for RKNG.