Defiance Daily Target 2X Long RIOT ETF (RIOX) Performance
RIOX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −60.9% since Dec 31, 2025
- 1 year
- −88.2% total return
- Since first price
- −84.5% since 2025
RIOX trailing returns vs SPY, QQQ, AGG
| Period | RIOX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −76.6% | −76.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −79.9% | −79.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −73.2% | −73.2% | +7.8% | +8.4% | −1.5% |
| YTD | −60.9% | −60.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −88.2% | −88.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 3, 2025 | −84.5% | −84.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RIOX vs SPY
From Jan 3, 2025: RIOX grew to $1,548, SPY to $13,091.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RIOX returns by calendar year
2026 is year to date.
RIOX annual returns table
| Year | RIOX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −60.9% | −87.6% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RIOX largest drawdowns
Now 90.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 9, 2025 | −90.6% | Oct 23, 2026 | not yet | 1.0 years | 1.0 years so far |
| Jan 24, 2025 | −83.1% | Apr 21, 2025 | Sep 29, 2025 | 3 months | 8 months |
| Jan 6, 2025 | −17.0% | Jan 13, 2025 | Jan 15, 2025 | 7 days | 9 days |
| Jan 15, 2025 | −10.7% | Jan 21, 2025 | Jan 24, 2025 | 6 days | 9 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RIOX risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −33.8% |
| Volatility (annualized) | 180.0% |
| Sharpe ratio | 0.48 |
| Sortino ratio | 0.97 |
| Best month | +130.8% |
| Worst month | −54.0% |
| Best 12 months | +293.1% |
| Worst 12 months | −64.9% |
| Positive months | 40% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RIOX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | −87.0% | −12.9% | +293.1% | 50% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
RIOX performance overview
Defiance Daily Target 2X Long RIOT ETF (RIOX) returned −88.2% over the past year, with distributions reinvested. Since its first recorded price on Jan 3, 2025 it has returned −84.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −90.6%, from Oct 9, 2025 to Oct 23, 2026; the fund has not yet regained that high. Volatility has been 180.0% a year.
Related: RIOX chart, RIOX dividends. See the RIOX overview for the latest quote and fund facts.
RIOX performance FAQ
What is the RIOX return over the past year?
RIOX returned −88.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 88.2%.
How much would $10,000 invested in RIOX be worth?
$10,000 invested in RIOX at its first recorded close on January 3, 2025 would be worth about $1,548 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of RIOX?
The largest peak-to-trough decline was −90.6% between October 9, 2025 and October 23, 2026. It has not yet recovered to that high; it is 90.6% below its peak.
How volatile is RIOX?
Over the past history RIOX had an annualized volatility of 180.0% and a Sharpe ratio of 0.48 (excess return over 1–3 month T-bills per unit of risk).